An affiliate of the Hotel Valencia Group will build the 213-room boutique hotel, which will feature a palazzo-style courtyard with an outdoor fireplace and fountain. Valencia Group and its affiliates own and operate four additional hotels and developed a 209-romm hotel in Austin, Texas most recently.
Federal Realty Investment Trust specializes in ownership, management, development and re-development of prime retail and mixed-use projects. Its real estate portfolio contains more than 120 properties.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
