Wednesday, April 26, 2017

Developer behind Dallas' Virgin Hotel starts $79M project in West Texas

Dallas-based hotel development firm Gatehouse Capital Corp — the firm behind the development of Dallas' new Virgin Hotel in the Design District — has begun construction on a new $79 million hotel and conference center in West Texas.
The public-private partnership with the City of Odessa and Eofficial Enterprises will bring a seven-story, 218-room Marriott Hotel with a 67,500-square-foot conference center, parking garage and a Starbucks coffee shop to this part of the region.
The partnership will also refurbish the historic Ector Theater, which was originally built in 1951.

The Odessa hotel and conference center has been in the works for the past two-and-a-half years and the beginning of the project was a satisfying milestone, said Gatehouse Capital CEO Marty Collins, who the Dallas Business Journal has written about in some depth for his successful history of building luxury hotels.

"This project will have a tremendous impact on Odessa and, when finished, we will have built a best of class hotel and conference center for the Marriott brand," said Collins, in a statement.

"Odessa is a great city with a strong business community that is completely committed to the revitalization of downtown," he added. "This will be a huge step and its goals for the area."

UEB Builders if the project's general contractor. CallisonRTKL is the project architect. Plano-based Aimbridge Hospitality will operate the hotel.

Candace Carlisle/Dallas Business Journal.