Plamondon Hospitality Partners has acquired a parcel of land in downtown Frederick, MD, where the company plans to develop a full-service hotel and conference center.
The acquisition positions the Frederick-based hospitality group to break ground on the project later this year. Previously owned by the Randall family, the land is part of a larger site identified in 2012 through a competitive RFP issued by the City of Frederick for a public-private hotel and conference center. Since then, the project has progressed through the complex and collaborative process involving local and state officials, according to the company.
“Now that we’ve secured ownership of the site, we can take full control of the next phase,” said Peter Plamondon Jr., co-president, Plamondon Hospitality Partners. “This purchase represents more than just land—it’s the final piece needed to move from planning into action. We’re grateful to the Randall family for their meaningful support in helping get us to this point.”
Jeff Plamondon, director, real estate and business development, Plamondon Hospitality Partners, added, “Owning the land unlocks the next critical milestone: groundbreaking. We’re deeply grateful to our state, county and city partners involved for their unwavering belief in what this hotel and conference center will mean for the region.”
While the full site plan includes restoration of the Trolley Building and repurposing of the Eagles Building, Plamondon’s land purchase does not include those structures, both of which are owned and managed separately by the Randall family. Once a trolley station, the Trolley Building at 200 E. Patrick St. is being redeveloped as a mixed-use commercial space, with completion expected in 2026. The Eagles Building, the former home of the Fraternal Order of the Eagles at 216 E. Patrick St., will become The Banyan, a new restaurant, event venue and rooftop bar. The newly acquired land surrounding these sites will house the hotel and conference center footprint.
“The Randall family has owned portions of the property at 200 E. Patrick St. for 208 years,” said William Randall, president, Randall CAP. “We are thrilled that this property can now be a part of such an exciting redevelopment project. Plamondon Hospitality Partners and my family are working closely with public officials across all levels to ensure this project lives up to its potential and contributes to the ongoing growth and evolution of Downtown Frederick.”
Peter Plamondon added, “This is about bringing something to Frederick that doesn’t exist today. The hotel and conference center will have a meaningful impact on the city, county and region—which is exactly why leaders at every level have chosen to invest in the project. Ownership of the land removes the last major hurdle from a process standpoint and puts us in a position to bring this shared vision to life.”
