My Place Hotels Opens First Florida Property with 63 Rooms
The extended-stay brand has entered the state with a Port Charlotte location, breaking a five-year drought of new hotel supply in the submarket.
The short answer
My Place Hotels has opened its first Florida location in the Port Charlotte/Punta Gorda market. The 63-room extended-stay property breaks a five-year drought of new hotel supply in the submarket.
The short version
- My Place Hotels opened a 63-room property in Port Charlotte, its first in Florida.
- Legacy Development LLC began site work in 2022 and construction in 2025.
- The submarket has not seen a new hotel open in more than five years.
My Place Hotels of America has opened its first property in Florida, a 63-room extended-stay hotel located in the Port Charlotte/Punta Gorda market. Situated along the I-75 corridor at Kings Highway, the property serves as a connecting point between Fort Myers and Tampa, establishing the brand's presence in the state as it prepares three additional Florida locations. [1]
Why did My Place Hotels choose the Port Charlotte market?
The area functions as a connecting point between Fort Myers and Tampa, providing access to commerce centers and local attractions. According to Lodging Magazine, the hotel's location along the I-75 corridor at Kings Highway places it near these regional hubs. [2] Hotel Business reported that the parent company, My Place Hotels of America, is the largest affiliated company of The Rivett Organization, which operates out of Aberdeen, South Dakota. [1]

What is the current hotel supply like in Punta Gorda?
The submarket has not seen a new hotel property enter the area in more than five years. Upon opening its doors, the My Place Hotel – Port Charlotte/Punta Gorda, FL became one of only two extended-stay options serving the entire submarket. [2] Tony Lunzman, executive vice president of Legacy Management, noted that extended-stay demand in this specific market has outpaced the available supply for years. [1] The target demographic for the property includes airport travelers, families relocating to the area, and project crews who require accommodation for weeks at a time. [2]
What amenities does the new property offer guests?
Guests have access to standard brand features including in-room kitchens, a business center, and guest laundry facilities. Lodging Magazine noted that the property also features the My Store retail concept on site. [2] Beyond the immediate hotel grounds, guests have more than 20 fast-food, quick-service, and full-service restaurants located within a half mile, placing dining options within easy walking distance. [2]

Who developed and manages the new Florida hotel?
Legacy Development LLC handled the site work and construction, while Legacy Management LLC operates the property on behalf of the owner, PCMP 23 LLC. Legacy Development LLC began initial work on the site in 2022, and vertical construction started in 2025. [1]

| Project Phase / Detail | Company / Metric |
|---|---|
| Site Work Commenced | 2022 |
| Construction Started | 2025 |
| Room Count | 63 |
| Ownership Entity | PCMP 23 LLC |
| Management Company | Legacy Management LLC |
| Development Company | Legacy Development LLC |
How does the building design address Florida weather?
The architects incorporated a flat roof to provide storm resistance and improve overall building efficiency. The Richardson Design Partnership and Legacy Design Group designed the property, making the Florida-minded roofing choice to elevate the modern aesthetic of the standard My Place prototype. [1]
What are the company's future expansion plans in Florida?
The brand currently has three additional Florida locations under development. Ryan Rivett, founder and chief executive officer of My Place Hotels, stated that the company sees tremendous opportunity in the state and is eager to build on the momentum of the Port Charlotte opening. [2]
Reported by
This article was written from the following reporting. Follow the links for the original coverage.
- [1]My Place Hotels Expands to Florida with Port Charlotte Opening— Hotel Business
- [2]My Place Hotels Expands to Florida With New Port Charlotte Opening— Lodging Magazine
Frequently asked
+Where is the first My Place Hotel in Florida located?
The first My Place Hotel in Florida is located in the Port Charlotte/Punta Gorda market, specifically along the I-75 corridor at Kings Highway.
+How many rooms does the new Port Charlotte hotel have?
The My Place Hotel – Port Charlotte/Punta Gorda features 63 rooms.
+When did construction begin on the property?
Legacy Development LLC began initial site work in 2022 and started construction on the hotel in 2025.
+Who owns and manages the new hotel?
The property is owned by PCMP 23 LLC and is managed by Legacy Management LLC.
+How many extended-stay options are in the Port Charlotte submarket?
With the opening of this property, it becomes one of only two extended-stay options serving the submarket.
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