NATIONAL REPORT—Owners and developers apparently have their collective eyes already trained on spring, with several projects ready to go.
In Redwood City, CA, Ohana Real Estate Investors expects to start vertical construction in the spring on Montage Healdsburg, a 258-acre resort in California’s wine country. Owned by Ohana and developed by The Robert Green Co., the resort is expected to open in early 2020.
The property will offer 130 guestrooms, multiple pools, a full-service spa, and indoor and outdoor dining options.
A collection of full-ownership residences also is planned for a later phase of development and will include single-family homes as well as custom homesites.
“Montage Healdsburg will feature environmentally sensitive design that respects and highlights the unique qualities of the surrounding environment,” said Alex Hill, EVP of development at Ohana. “With views of rolling hills and vineyards and a color palette inspired by the site, the resort will offer timeless design and a true sense of place.”
Ohana Real Estate Investors’ portfolio also includes Montage Beverly Hills, Montage Deer Valley, Montage Los Cabos and Maravilla Los Cabos, a private residential community, as well as an undeveloped property in Kauai, HI. It also has targeted investments in mezzanine debt secured by luxury hotel assets.
White Lodging Keeps Momentum with New NC Development
Indiana-based White Lodging, together with Crescent Communities, the real estate company responsible for building North Carolina’s Ally Charlotte Center mixed-used development, will expand its portfolio to its 20th state with the addition of a new development at the Center that will deliver a full-service, 350-key hotel.
The announcement comes after White Lodging closed on the sale of 82 property contracts in its management portfolio. According to the company, it plans to reinvest the sale proceeds in innovative projects in emerging and established markets, such as Charlotte. The hotel will be completed in early 2021.
“We have been eyeing Uptown Charlotte for the right opportunity for several years and are thrilled to be working with Crescent to bring this exciting mixed-use development to life,” said Deno Yiankes, president/CEO of investments and developments at White Lodging. “Charlotte has a young, well-educated workforce and offers a great quality of life—everything we look for in a market that we believe will continue to experience strong, sustainable growth for years to come.”
Ken Barrett, president/CEO of the hospitality management division of White Lodging, added, “We’re starting a new chapter at White Lodging, and this property in Uptown Charlotte is illustrative of the makeup of our future.”
The upscale hotel will include more than 20,000 sq. ft. of meeting and event space, multiple food and beverage outlets and a rooftop deck.
Canadian Company Taps Rosewood for Caribbean
Vancouver-based property development company, Replay Destinations, has tapped Rosewood Hotels & Resorts to manage its property at Half Moon Bay in Antigua. The Rosewood-branded property, sited on 132 acres, is slated to open in 2021 and will feature 47 pavilion-style suites, including a three-bedroom presidential suite.
The Half Moon Bay hotel will join the Rosewood Baha Mar, set to open this spring, the Rosewood Bermuda, which is under renovation and expected to be completed this May, and Rosewood Little Dix Bay, which is slated to reopen at a later date.