Date: July 2018
Location: Atlanta, Georgia, USA
Name: Dream Atlanta, Buckhead – opening 2021
No. of Keys: 200 guestrooms and suites, and 90 private residences.
Buyer: Cartel Properties….designed by Atlanta-based architecture firm Cooper Carry,
Dream Atlanta, Buckhead, will have 200 guestrooms and suites, 90 private residences, a spa and wellness concept and five dining and nightlife venues, including a 17,000-square-foot rooftop pool bar and lounge.
The dual-tower development will also include 80,000 square feet of additional office and retail space.
“We found a great partner in Cartel Properties, a company that plays an important role in Atlanta’s history and transformation story,” Jay Stein, CEO of Dream Hotel Group, said in a statement.
“Cartel Properties has made a big impact on revitalising areas of Atlanta into vibrant neighbourhoods, including Buckhead, a prospering community that’s known as a premier entertainment district. We are excited to collaborate with such a talented group who really understands and appreciates our authentic lifestyle brand.”
“We’re thrilled to bring the Dream Hotels brand to Atlanta,” John Frasier of Cartel Properties said in a statement. “We have great synergy working together and look forward to bringing such an exciting development to Buckhead, a neighbourhood currently undergoing a renaissance of its own. Dream Atlanta, Buckhead will be a community and cultural hub unique to the city for guests and locals alike.”
Georgia’s capital city is known for its history, creative arts community, the world’s busiest airport in Hartsfield-Jackson Atlanta International, a Downtown boasting the nation’s third-largest concentration of Fortune 500 companies and most recently a booming film industry.
THPT Comment: Ambitious plans by Dream…With 18 hotels open today and more than 20 locations in various stages of development worldwide, Dream Hotel Group is on track to triple its existing portfolio by 2022.
First Seen: Hotel Management