Hilton Garden Inn

Bellevue Downtown

As a result of personnel challenges and an overcommitment of company resources by the general contractor hired to build the Hilton Garden Inn – downtown Bellevue, in February 2018 West77 Partners received notification that the General Contractor was entering into receivership. This announcement came after months of project delays and ongoing challenges that resulted in increased tensions with the City and subcontractor / supplier slowdowns.​

 

Hilton Garden Inn

Overview

As a result of personnel challenges and an overcommitment of company resources by the general contractor hired to build the Hilton Garden Inn – downtown Bellevue, in February 2018 West77 Partners received notification that the General Contractor was entering into receivership. This announcement came after months of project delays and ongoing challenges that resulted in increased tensions with the City and subcontractor / supplier slowdowns.​

During construction, Mr. Nielson worked closely with the general contractor while adding resources that supplemented their contractor deficiencies. Unfortunately, this assistance proved not enough, and the contractor elected to walk off the project. For most developers, this scenario may have led to a catastrophic result.

Fortunately, West77 Partners’ commitment as responsible stewards for its investors created a call-to-action that resulted in the initial partnership between Mr. Nielson and Mr. Barrett. Mr. Barrett joined Mr. Nielson upon default notification so they could quickly assess the current state of the project and develop a recovery and completion strategy. Prioritizing dozens of impacted parties, Mr. Nielson and Mr. Barrett took responsibility for each aspect of the project’s recovery plan – Mr. Nielson led negotiations with the lender, hotel brand, investors and key subcontractors to express our unwavering commitment to successful completion while Mr. Barrett immediately partnered with the design and construction teams to establish a path forward with a renewed schedule and budget.​