is pleased to welcome aboard a new sponsor: The Colosseum, A Luxury Sports
Condominium Hotel. The Colosseum is planned for Blacksburg’s South Main Street
at Dowdy Drive. Slated for completion in the summer of 2009, The Colosseum will
be a high-end luxury condominium/hotel/conference center. Built of concrete and
steel, and loaded with state of the art connectivity, it will be the first of
its kind built in the Commonwealth of Virginia.
If you’re not familiar with the concept of a condominium/hotel, it works like
this: You buy the condominium unit (choose from a selection ranging from studio
units to three-bedroom penthouse suites), so you own it. But the building is run
like a luxury hotel, including the housekeeping, room service, and luxury
amenities you expect from a fine hotel, so you’re pampered while you’re there.
When you’re not there, you can place your condominium in the rental program,
where it will generate income for you.
Mark Kinser is the president of Radford-based Unlimited Construction, Inc.
and is the Builder/Developer and Managing Member of The Colosseum project.
Kinser is more excited about The Colosseum than any project he has ever been
involved with, and he’s quick to trumpet its amenities and quality construction.
When asked to describe the Colosseum, Kinser said, “The Colosseum will
offer over 23 different architecturally stunning floor plans of studios through
three bedroom penthouse units all at different price points. Finishes will
include tile, crown molding, granite countertops, nine foot ceilings, stainless
steel appliances and garage parking. Penthouse units are also available with 12
foot ceilings and lots of glass. Built of concrete and steel, and loaded with
state of the art connectivity, it will be the first of its kind built in
The Colosseum is designed for 241 suites. Studio units start at 400 square
feet, with the penthouse units topping out at 1,600 square feet. Prices will
range from the $180’s through the mid $700’s. In addition to its luxurious,
rock-solid construction and physical amenities, The Colosseum will offer the
best in luxury services that you’ll find at any high-end hotel: the latest
business technology, a spa and fitness center, dry cleaning pickup service, a
full service shuttle for rides on game days, pickup service from the Blacksburg
airport, and personal attention including complimentary valet parking and more.
These services will be provided by a management company with a proven track
record: Salamander Hospitality.
“Salamander Hospitality is owned by billionaire Sheila Johnson, former
owner of BET,” Kinser explained. “They’re ranked number two in North
America by Condé Nast Traveller. They’ll have a team in charge of the
management of the condominium hotel and will offer hospitality services and
attention to detail that are unprecedented in our market. The spa, restaurant,
concierge and lifestyle experience will be pure pleasure. It will become a
destination for southwestern Virginia and surrounding states.”
For Kinser, a Virginia Tech graduate, The Colosseum project isn’t just about
building a condominium hotel and making money. He saw the opportunity to give
back to the university and the athletic programs that so many Hokies enjoy.
If you’re a Hokie fan (of course, most of you reading this are), you’ll be
hearing a lot about The Colosseum, because they’re an official sponsor of
Virginia Tech Athletics. The Colosseum will make a contribution of a percentage
of all sales to the construction of Virginia Tech’s new basketball practice
facility, and The Colosseum will also offer a scholarship to a student athlete
in hospitality or property management.
Virginia Tech and its athletes will benefit from The Colosseum, and if you
buy a unit, so will you. Purchasing of a unit will enable the buyer a partial
credit on their Hokie Club points.
“Typically,” Kinser said, “we see our buyers and guests to be
a Hokie sports fan, parent or just a lover of the great outdoor opportunities of
Southwestern Virginia, and accustomed to quality hospitality services. The
Colosseum will be easily accessible — just one stoplight, if you’re coming from
Northern Virginia or Richmond.”
The Colosseum is expected to be ready for occupancy in the summer of 2009.
TSL is pleased to have this exciting project on board as a sponsor. For more
information, please click their button ad on TSL’s home page or look for their ads on TSL. You can also visit their web site
(where you’ll find loads of information, pricing, and floor plans), or call them