ATLANTA and SAN ANTONIO—Peachtree Group marked a big milestone within the development of the 10-story, 171-room Residence Inn by Marriott in downtown San Antonio with a topping out ceremony, celebrating the completion of the constructing’s structural part. Scheduled to open in the summertime of 2026, Residence Inn is being co-developed with Merritt Improvement Group. The upscale extended-stay resort shall be owned by Peachtree and managed by its hospitality administration division.
“Reaching the topping out stage is a significant second for any improvement,” mentioned Greg Friedman, managing principal and chief govt officer of Peachtree. “This Residence Inn displays our dedication to delivering high-quality, purpose-built lodges in markets the place we see robust, long-term demand. San Antonio’s mix of tourism, schooling, and enterprise exercise makes it a super location for extended-stay lodging.”
The Residence Inn will embrace studio suites with totally geared up kitchens, separate dwelling and dealing areas, and a curated assortment of way of life facilities. Highlights embrace an on-site health middle, versatile assembly rooms, inviting outside social areas, and a Starbucks accessible to friends and the encompassing group.
The property will even supply friends direct entry to San Antonio’s prime demand drivers, together with the Riverwalk, the College of Texas at San Antonio’s rising downtown campus, and close by company and authorities places of work.
The property is being developed inside a Certified Alternative Zone (QOZ), reinforcing Peachtree’s ongoing technique to put money into underserved areas poised for development.
“This mission combines robust market fundamentals with significant group affect. We’re proud to ship an upscale extended-stay resort to a fast-growing city market whereas advancing our dedication to long-term financial development in underserved areas,” Friedman mentioned.
