Projects
The references to these projects does not constitute an offer to sell or the solicitation of an offer to buy any interest in any project. Such offer or solicitation may only be made by means of delivery of a confidential private offering memorandum or other appropriate disclosure (the “memorandum”) which contains a description of the material terms (including risk factors, conflicts of interest, fees and charges, and tax implications) relating to such investment in the project.
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Hudson, NY
The Property is located in Hudson, New York which is designated as a “rural area” by USCIS. The site is currently improved with a former pocketbook factory that will be converted into a dynamic mixed-use complex anchored by a 43-key hotel. The site improvements currently feature two buildings that will be connected via a walkway to create one cohesive structure. Upon completion, the Property will feature 43 hotel keys offering traditional guestrooms and duplexes, a 6,000 square foot spa with four treatment rooms, a food and beverage program featuring a restaurant, lobby/bar, and club/venue, ground floor retail space, and third and fourth floor gallery / art spaces. The project will be utilizing approximately 46% of its funding from Federal and State of NY incentives including historical tax credits, grants, and a clean energy loan. The Property is anticipated to be completed by June 2025.
For decades, Hudson, New York, has been quietly reinventing itself. Once a sleepy industrial town along the Hudson River, it has become a magnet for artists, designers, chefs and weekenders seeking a slice of history blended with contemporary culture. Antique shops line Warren Street, galleries showcase emerging and established artists, and the scent of fresh bread or woodsmoke drifts from cafés that feel a world away from New York City yet just a two-hour drive north. In this evolving landscape, a new landmark emerges: Pocketbook Hudson, a 46-key hotel housed in one of the city’s largest landmarked buildings, a former pocketbook factory built in 1883.
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Marriott Moxy Dallas
Dallas Hotel will be a 147,918 square foot, 172-room Marriott Moxy hotel in the Dallas Design District. Offering: 24/7 convenience, a Tech-enabled lobby and common spaces, Grab-and-go coffee shop, Pool & outdoor sun deck, Full-circuit gym, stretch area and spin bikes. Additionally it will feature sleeping rooms with small footprint, but big offering and 47” Flat-screen TV and Enclosed and private meeting spaces. Given Dallas’s many employers, tourism attractions, special event venues, and convention center, the outlook for the market area is positive. The hotel’s occupancy penetration is positioned above the market-average level, supported by its Marriott brand affiliation.
Dallas
Virgin Hotel, Dallas, TX
The Virgin Hotel will be the most innovative, cutting edge hotel in the Dallas-Ft. Worth Metroplex. The 15-floor high-rise will contain 258 of the highest quality hotel rooms in Dallas. The Dallas Design District, acquired by Dunhill Partners in 2014, was primed to bring-in an alternative boutique hotel to reflect the neighborhood and enhance continued growth. The Property will be the crown jewel of the Design District, which is quickly becoming the fastest growing area in greater D/FW. In the lobby, visitor’s eyes will be drawn to the highly popularized Common’s Club which serves as a dramatic meeting point amongst guests and residents to enjoy fine dining, cocktails and after-hour fun. The Virgin Hotel design, ambiance and service will be the first of many luxuries that guests will experience during their time spent at what will be the most highly-sought-after hotel in D/FW.
Dallas Ground-breaking October 2016
DALLAS (Richardson, Texas)
Cambria Hotels & Suites
This will be a 4-story, 119-room development located adjacent to the master planned, 186-acre CityLine development in Richardson, Texas. The proposed premium select-service hotel is located within a larger commercial center known as The Shire Development, a luxury community with restaurants, businesses, retail shops, and multifamily properties in operation. The hotel will be the last phase of the Shire Development, and will be roughly 80,000 square of total building area, with an indoor pool, spa, restaurant, bar / lounge, fitness center, and meeting space. Directly next to the property is the 186-acre CityLine project under development, consisting of 6 million square feet of office including: State Farm’s regional headquarters with over 8,000 employees; Raytheon’s regional headquarters with over 1,700 employees; and 300,000+ square feet of grocery, restaurant, entertainment and retail space; 4,000+ residential units, multiple parks, and gathering places.
Rivers Casino & Resort https://riverscasinoandresort.com
New York Rivers Casino & Resort Funding LLC
The resort will be a premier entertainment and gaming destination featuring a casino portion totaling approximately 170,000 square feet, including outdoor areas, in addition, a 150 room hotel will be connected to the casino. The Project will be situated on 25-acres of waterfront land. The proposed Project will feature a casino floor of over 50,000 square feet showcasing 1,150 slot machines and 62 gaming tables, including 15 poker tables. It will be developed simultaneously with a connected 150-room branded hotel. The facility will also feature a high-end steakhouse and other casual and light fare restaurants, a sports bar / entertainment lounge, a banquet facility, a day spa and limited retail space. Furthermore, outdoor patio areas, public riverfront walking and biking trails and green space along the waterfront will help to create a highly desirable and energized environment. Parking features will include a surface lot, which will have direct and easy access upon entering the property, and a multi-level parking garage connected to the casino and hotel.
Midland
Four Points Hotel in Midland, TX
Midland will be a 108-room Four Points by Sheraton hotel (the “Hotel”) aims to build and manage the best business class hotel in Midland, Texas with meeting / banquet space, restaurant, bar, and high quality rooms and finishes. The Hotel plans to penetrate the middle select service and the limited service / roadside market segment significantly, as the hotel will be a superior product available at the similar daily room rate., which will be the first Starwood-branded hotel in the fastest growing region in the US in terms of job growth and activity, and capture the booming hotel demand in West Texas from new technological advances in oil and gas exploration and extraction occurring in the Permian Basin.The property is located in Gateway Plaza one of the premier commercial / entertainment master developments in Midland, Texas. The total master development plan of Gateway Plaza comprises roughly $120 million dollars of commercial and residential development. The hotel will be surrounded by and adjacent to office space and a retail center with restaurants and movie theaters. Gateway Plaza is located at the main hotel corridor and fastest growing area of Midland for office, multifamily, residential, and commercial development. The property is near the intersec-tion of I-20 and Highway 250, two of the most traveled corridors in Midland with easy access to the airport.
Dallas
Aura Cedar Springs Apartment Homes
Aura Cedar Springs (“Property”) will be a 385-unit, Class A, rental community situated on approximately 6.1 acres of land located in Dallas, TX. The Property will be a four story, wood-framed community wrapped around a structured parking garage. Finishes and amenities will match or exceed those currently offered by the rent comparables. Finishes are highlighted by granite countertops in the kitchen and bathrooms, an upgraded lighting package, and faux wood floors. Property amenities will include a resort- style pool, multiple garden courtyards, fitness center, business center, and large club room. Additionally, the Property is strategically located within minutes of many major thoroughfares of the Dallas metro and is central to its largest employment centers.