StanCraft-Led Investor Group Acquires Templin’s on the River in Post Falls, Idaho
May 17 2024 - 4:00PM
Business Wire
StanCraft, a Hayden, Idaho-based private family of companies, in
partnership with an investor group, proudly announce the
acquisition of Templin’s on the River in Post Falls, Idaho.
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Founded in 1986, Templin’s is a 167-room waterfront hotel, bar
and marina. With new, supportive ownership, the hotel will be
upgraded throughout 2024 and 2025, building on its current features
with updated amenities, landscaping, lighting, and guest room
enhancements. All food and beverage offerings will also be enhanced
and relaunched with a strong guest service culture.
“We are excited to bring StanCraft back to Post Falls and
provide a top-notch, enhanced hotel and marina experience to our
community,” said Robb Bloem, StanCraft CEO. “With several great,
longstanding Post Falls businesses right nearby, this is an ideal
place for visitors to experience North Idaho and take in the beauty
of the river.”
Templin’s will operate under a new hotel management agreement,
and property oversight will be provided by Harry Sladich, former
Chief Operating Officer for Red Lion Hotels Corporation.
“We are delighted to play a role in transforming this storied
property and offering an upgraded, premium hotel experience in Post
Falls,” said Sladich. “Templin’s is one of the most well-known
hotels in the region, and we look forward to building on the legacy
it has established here for nearly 40 years. In the coming weeks,
we will be hiring a best-in-class management team, including a new,
dynamic General Manager and Director of Sales, to help us move this
exciting project forward.”
Marina 33 Post Falls (“Marina 33”), a StanCraft Company, will
operate the marina operations this summer with phased upgrades
planned to the fuel system, the food and beverage stand, and the
marina. The fuel system will offer 92 Octane for the first time and
be open to the public for use during the day. Marina 33 is working
with local food vendors to operate the food and beverage services
on the water for marina tenants and visitors. Upgrades and repairs
to existing structures, led by StanCraft Marine Construction, have
already begun.
Boat slips are available for the 2024 season, and existing
marina customers have the opportunity to renew their moorage
agreement for this season.
For more information, please contact Nelson Erickson at (208)
620-6797.
About StanCraft
StanCraft is a family-owned group of companies founded in 1933
with the making of custom, mahogany wooden boats. The company has
grown to include StanCraft Marine Construction, StanCraft
Construction Group, and the StanCraft Jet Center, employing over
250 people in North Idaho. StanCraft is known for its beautiful
craftsmanship, excellent quality and attention to detail in all of
its companies.
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Nelson Erickson 208 620-6797