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Springfield, MO

Bolivar hotel with expected $30M economic impact gets GM

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As banker Thane Kifer’s Best Western Plus Vineyard Hotel and Suites nears completion, the property put a general manager in place.

O’Reilly Hospitality Management LLC, which was hired to manage the property, promoted Chris Rozier, front office manager of TownePlace Suites by Marriott in Springfield, to the position in Bolivar, according to a news release.

The leadership change comes as Pinecone Construction LLC works to finish the more than $4 million hotel for a planned May opening.

“We have been pursuing an aggressive timeline since we broke ground last year,” Kifer said in the release. “Now that we are getting close to wrapping up the construction phase, we’re excited to welcome Chris as he helps transition the project from a construction site to a working hotel.”

The 61-room Best Western is being constructed in Kifer’s mixed-use development dubbed The Vineyard, near Southwest Baptist University. The project’s current features include a 12-unit shopping center, two-unit office building and Aldi grocery store on a former 60-acre cattle pasture.

Kifer’s son Drew, managing director of Bolivar-based developer Pinecone Holdings LLC, previously told Springfield Business Journal the estimated economic impact is $30 million for the hotel’s first 15 years. According to an agreement signed with the city, a portion of hotel sales taxes will be earmarked to repay Pinecone Holdings for infrastructure improvements in The Vineyard.

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