ATLANTA, Georgia—Peachtree Group introduced that its lodge improvement portfolio has exceeded $2 billion nationwide. Peachtree has continued to advance its pipeline; the agency’s largest property to open its doorways in 2025, the Embassy Suites Seaside Resort in Gulf Shores, Ala., consists of 257 all-suite visitor rooms. The eight-story lodge provides water views, meals and beverage choices, and resort-style facilities.
In Dallas, development groups marked the topping out on the dual-branded AC and Moxy by Marriott Uptown, at the moment Peachtree’s tallest lodge improvement at 19 tales. The challenge will carry 264 rooms to the McKinney Avenue hall, which is thought for its mixture of eating, nightlife, company places of work, and luxurious residences. The lodge is predicted to open in the summertime of 2026.
Peachtree can also be endeavor the event of a dual-branded Embassy Suites and Tempo by Hilton. The 30-story tower will present 480 guestrooms, with a rooftop bar and lounge providing views of the town skyline. The challenge will even embody 10,000 sq. ft of first- and second-floor house to be operated by a nationwide restaurant group.
“These initiatives mirror the total breadth of what Peachtree can ship,” stated Greg Friedman, managing principal and chief government officer of Peachtree Group. “From a beachfront resort in Gulf Shores to a lifestyle-driven lodge in Uptown Dallas and a dual-branded flagship in downtown Austin, we’re scaling throughout markets with initiatives that redefine experiences for friends and worth for our companions. Every underscores the power of our platform to execute in a difficult atmosphere.”
Peachtree’s Alternative Zone improvement program continues to advance with the topping out of its Residence Inn San Antonio and the openings of the Hampton Inn & Suites in Maui and the AC Lodge Detroit. Notably, Peachtree additionally opened The Ava Lodge, a Curio Assortment by Hilton, in Paso Robles, California, in August.
The agency is among the many most lively lodge builders in Certified Alternative Zones, with 11 inns open, 4 below development, and three extra within the pipeline.
Openings and Improvement
Peachtree additionally celebrated the opening of the Homewood Suites in Jackson, Tennessee. Wanting forward, Peachtree expects to open two extra inns in 2025: a Home2 Suites in Ashburn, Virginia, and a Tru by Hilton in Huntsville, Alabama.
“Creating inns in immediately’s atmosphere requires each conviction and functionality,” stated Will Woodworth, Peachtree’s senior vice chairman, investments. “Excessive rates of interest, elevated development prices and tighter credit score circumstances have slowed new provide, however our vertically built-in platform and entry to capital enable us to associate with best-in-class manufacturers to ship properties on time and on price range that may elevate the markets during which we construct.”
