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September 14, 2009: Downtown company receives prestigious national award

Vantage Hospitality Group, headquartered in the Coral Springs Financial Plaza in downtown Coral Springs near the intersection of Sample Road and University Drive, has become the only hotel company to receive a prestigious honor from Inc. magazine for four years in a row. Vantage is once again included on Inc. magazine’s 500/5000 list, an exclusive ranking of the nation’s fastest-growing private companies. Vantage is located within the City’s Community Redevelopment Agency (CRA) area of concentration, and COO/CFO Bernie Moyle serves on the CRA Board of Directors.

Vantage’s national acclaim, along with the accomplishments of other downtown companies, helps advance the CRA’s mission of attracting continued redevelopment to downtown Coral Springs. The City’s successful partnership with the CRA has resulted in previously completed projects including the One Charter Place redevelopment, Charter School improvements, Sample Road Façade Improvement Program, Sample Road infrastructure improvements and the Downtown Pathways initiative, which promotes dual-purpose pathways that link the downtown area with other cultural, recreational and institutional activities.

“Given the current economic reality, the CRA is focusing its efforts on the design and construction of the essential public infrastructure improvements that will position us to quickly respond to new development opportunities once the real estate market turns around,” CRA Chairman John Ruffin, Jr. said.

By being included on Inc. magazine’s list, Vantage, whose hotel brands include Americas Best Value Inn and The Lexington Collection, has outperformed over 99.8% of all private companies in the U.S. Vantage is the 11th-largest hotel company worldwide, and since 1996 has grown to include a broad spectrum of hospitality-related ventures, managing resources in hotel ownership, management, marketing, national brand affiliation and real estate.

“We provide our members with well-recognized brand names, next-generation reservation service, a full suite of distribution services, a focus on ongoing education and the most comprehensive resources in the industry—all from our Coral Springs headquarters,” Vantage Partner and COO/CFO, and CRA Vice Chairman, Bernie Moyle said.

About the Coral Springs CRA: The CRA is a separate legal entity created under State laws to coordinate activities and implement the redevelopment plan for the Downtown Coral Springs projects. Downtown Coral Springs is a private/public partnership between the City of Coral Springs and Amera Urban developers to redevelop the approximately 135 acres in the general vicinity of the Sample Road and University Drive intersection.

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