Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Friday, February 10, 2017
Exclusive: Scott Beck to develop new Aloft hotel at Trophy Club Town Center
Dallas developer Scott Beck has landed an Aloft hotel flag at his Trophy Club Town Center mixed-use development, which could help cater to the growing corporate clientele near Circle T Ranch.
The 132-room boutique hotel will help serve overflow from the nearby Deloitte University campus, as well as serve other corporate clientele, such as Fidelity and soon-to-be Charles Schwab regional campus, which is expected to hold 5,000 employees upon completion.
"They really like the reservation system that they have with Hampton Inn & Suites in Trophy Club," Beck, president of Dallas-based Beck Ventures, told the Dallas Business Journal, in an exclusive interview.
"They are able to get reservations for both and they can cross-pollinate with a lot of people from the Deloitte campus," he added. "There's a ton of overflow from Deloitte that like the higher-end experience of an Aloft."
The hotel developer, Kriya Hotels, had initially planned on bringing a Hyatt Place hotel to the Trophy Club Town Center project, but that has changed with Marriott International's acquisition of the Starwood-owned Aloft Hotels flag and the growing corporate demand in this part of the region.
Construction on the site — the grading of the dirt — will begin by the end of the month, with hotel-specific construction kicking off by this summer after permits and plans are finalized by the town council in March.
The grading also will serve other parts of the mixed-use development, which include 60,000 square feet of retail and restaurant space serving the Town Center amenity park. Weitzman is leasing the retail space.
Later this spring, Plano-based Green Brick Partners' (Nasdaq: GRBK) townhome arm, CB JENI, will get started on about 15 townhomes, which will include a model home. In all, CB JENI will build 39 townhomes.