New Full-Service Resort Marks Topping Out in Gulf Shores, Alabama
DDPartners, LLC, Peachtree Group and Woodbine Development Corporation are developing 257-room beachfront destination
GULF SHORES, ALA. (Oct. 29, 2024) – DDPartners, LLC of Birmingham, Alabama, and Marietta, Georgia, Peachtree Group of Atlanta and Woodbine Development Corporation of Dallas celebrated the topping out of Embassy Suites Gulf Shores, a full-service resort overlooking the Gulf of Mexico and its renowned white sand beaches – located in Alabama’s No. 1 tourism destination, the City of Gulf Shores.
The topping out ceremony represents a significant milestone with the placement ofthe final steel beam, signifying the structural completion of the project.
“Today’s topping out serves to celebrate our contractors and construction teams for their efforts to bring this resort to life,” said King Scovell, Managing Partner and Chief Development Officer at Woodbine.
“Since the groundbreaking, these crews have shown up day after day to construct the vision that was cast years ago. We are thankful for their efforts, and we look forward to this being a destination for people to enjoy.”
Embassy Suites Gulf Shores is a joint venture among the three firms. DD Partners and Woodbine are leading development and asset management efforts, and Peachtree will manage operations for the resort upon completion in summer 2025. The architect of record for the project is PFVS, and the contractor is Robins& Morton.
The eight-story property will have 257 all-suite beachfront guest rooms; a lobby bar and restaurant; a rooftop amenity terrace inclusive of a bar and grille, pool deck and an outdoor entertainment venue; and 13,620 square feet of enclosed meeting and pre-function space, including a 7,800-square-foot ballroom. The resort will also have a three-story parking garage and 7,618 square feet of leasable retail space that will include a Starbucks.
“We are thankful for all the people who have come together to make this project happen, including the folks at the City of Gulf Shores, our partners at Woodbine and Peachtree, and the local community – but especially the crews whose skills, strength anddedication have built the bones of this resort. Today, we celebrate their hardwork and what lies ahead for this incredible destination,” said Ron Durham, Co-Founder of DD Partners, a joint venture he formed with Ron Day.
Durham and Day have strong backgrounds in commercial real estate development in the Florida/Alabama Gulf Coast, and they joined forces with Woodbine and Peachtree to pursue the Embassy Suites Gulf Shores opportunity. The team’s collective track record in hospitality and development – as well as DD Partners’ strong relationship with the City of Gulf Shores – resulted in the group closing on the project and beginning construction after many years of pursuit.
“The topping out of Embassy Suites is a testament to what can be achieved through vision and partnership,”said Gulf Shores Mayor Robert Craft. “This transformative project is exactly what we envisioned for our beach area when we adopted Vision 2025. The hotel's high-end amenities and substantial conference space will bolster our shoulderseasons, support local businesses year-round and serve as a catalyst for even more quality redevelopment in Gulf Shores,” said Craft.
Peachtree Group’s CEO and Managing Principal Greg Friedman said, “The next milestone, the opening of our Embassy Suites Gulf Shores, the area's newest full-service resort, will be more than just a grand opening – it will be a game-changer for this local economy. This stunning property will not only attract visitors but will also inject new spending into the community, creating jobs and supporting local businesses. The economic impact will ripple through the city and region, benefiting everyone from the workforce to public services. In Gulf Shores, tourism isn't just about being a top destination – it's about fueling economic growth and creating lasting opportunities for our communities.”
While it boasts plenty of its own amenities, Embassy Suites Gulf Shores will offer guests a great deal o foptions within the area. The property is situated footsteps from the beach as well as the Hangout Music Festival, National Shrimp Festival and NCAA Beach Volleyball Championships. It is also located adjacent to the city’s $15 million beachfront revitalization project, which was completed in 2018 as part of a master plan to enhance the area. Other nearby attractions include Gulf State Park, the Wharf at Orange Beach, Tanger Outlets, more than a dozen championship golf courses and easy access to the sports complexes in Foley.
About Robins & Morton
Robins & Morton is a privately held construction firm based in Birmingham, Alabama, with offices in Charlotte, Dallas, Huntsville, Miami, Nashville, Orlando, Raleigh-Durham, San Antonio, and Tampa. The firm specializes in the construction of healthcare, hospitality, higher education, entertainment, sports and government buildings. Since 1946, the firm has built a reputation as a trusted advisor to clients nationwide by cultivating a high-performing team that values integrity, safety, and innovative thinking. Robins & Morton is consistently ranked as one of the top 100 contractors in the United States, and one of the top 15 in the Southeast. To learn more about Robins & Morton, visit: www.robinsmorton.com.
About DD Partners, LLC
Based out of Birmingham, Alabama, and Marietta, Georgia, DD Partners, LLC was founded by Ron Durham and Ron Day. The team has more than 50 years of commercial real estate acquisition, development, construction, management and disposition experience across the Southeast. DD Partners has been involved in the Embassy resort project since its inception. DD was awarded the contract with the City of Gulf Shores through the RFP process, negotiated the terms and benefits of the Development Agreement with the City, secured the Embassy Suites by Hilton flag for the project and completed the conceptual design of the building before joining forces with hospitality partners Woodbine Development and Peachtree Group.
About Peachtree Group
Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit www.peachtreegroup.com.
About Woodbine Development Corporation
Woodbine Development Corporation is a full-service real estate company with more than 50 years of development, investment, acquisition and asset management experience. Since its founding in 1973, Woodbine has been involved in more than $7 billion in commercial real estate development, including resort, resort, mixed-use, office, residential, industrial and master-planned projects throughout the United States. The Dallas-based company offers a depth of hospitality expertise and services, including ground-up development, renovation, repositioning, asset management and ownership for full-service destinations and select-service stays for global and boutique brands alike. Its portfolio also features Woodbine Legacy Investments, an acquisition platform dedicated to the purchase and repositioning of lifestyle resorts, and Woodbine Commercial, a brokerage entity focused on industrial/office. Learn more at www.woodbinedevelopment.com.
相关 帖子
《现在酒店新闻》的一篇文章引述了Peachtree高级副总裁迈克尔·里兹关于美国新酒店开发前进道路的文章。丽兹向开发商介绍了当今市场的观点,谈到了Peachtree的开发渠道以及完成交易所面临的挑战。 点击此处阅读完整故事。
新的全方位服务度假村现已在阿拉巴马州海湾沿岸建成
海湾沿岸,阿拉巴马州(2023年11月3日) — 阿拉巴马州伯明翰和乔治亚州玛丽埃塔的DD Partners有限责任公司、亚特兰大的桃树集团和 伍德拜恩开发公司 达拉斯宣布开发墨西哥湾海岸大使套房酒店,这是一个提供全方位服务的度假胜地,可俯瞰墨西哥湾及其著名的白沙海滩,位于阿拉巴马州的头号旅游胜地 海湾沿岸市。
海湾海岸大使套房酒店目前正在进行中,是这三家公司的合资企业。DD Partners和Woodbine正在领导开发和资产管理工作,Peachtree将在2025年夏季完工后管理度假村的运营。该项目的记录建筑师是 PFVS,承包商是罗宾斯和莫顿。
这座八层高的酒店将拥有257间全套房海滨客房;一间大堂酒吧和餐厅;包括酒吧和烧烤炉、泳池甲板和户外娱乐场所的屋顶便利露台;以及13,620平方英尺的封闭式会议和迎宾空间,包括一个占地7,800平方英尺的宴会厅。该度假村还将有一个三层楼的停车库和7,618平方英尺的可租赁零售空间,其中包括星巴克。
“得益于其自然美景和众多景点,墨西哥湾沿岸地区在休闲旅行者中一直保持强劲势头,该目的地的便利设施旨在促进这种势头。此外,鉴于当地会议和活动的成功,我们相信墨西哥湾沿岸大使馆套房将成为商务和特别活动旅行者的追捧目的地。” 他与罗恩·戴组建的合资企业DD Partners的联合创始人罗恩·达勒姆说。
达勒姆和戴在佛罗里达州/阿拉巴马州墨西哥湾沿岸的商业房地产开发方面有着深厚的背景,他们与伍德拜恩和皮奇特里联手寻找墨西哥湾沿岸大使套房的机会。该团队在酒店和开发方面的集体往绩记录,以及DD Partners与墨西哥湾沿岸市的牢固关系,导致该集团在经过多年的努力后关闭了该项目并开始施工。
“我们很高兴使馆套房在墨西哥湾沿岸破土动工。这是我们在通过Vision2025时为海滩地区设想的变革性项目。” 墨西哥湾沿岸市市长罗伯特·克拉夫特说。“在我们海滩区的中心地带拥有一间提供全方位服务的高端酒店和大量的会议空间将延长我们的季节性,全年为当地企业提供支持,并成为该地区更高质量重建的催化剂。”
Peachtree Group首席执行官兼董事总经理格雷格·弗里德曼表示:“我们很高兴能与合作伙伴一起推进这一发展,并将占主导地位的Embassy Suites品牌带入充满活力的墨西哥湾沿岸社区。该度假胜地与该市充满希望的经济前景完全吻合,作为其运营商,我们预计其无与伦比的地理位置和全套房服务将使其成为竞争激烈的细分市场中的佼佼者,为该地区的商务旅客和度假者提供诱人的价值主张。”
尽管拥有大量自己的便利设施,但海湾海岸大使套房将为客人提供该地区内的多种选择。该物业距离海滩以及环聊音乐节、全国虾节和NCAA沙滩排球锦标赛仅几步之遥。它还毗邻该市耗资1500万美元的海滨振兴项目,该项目于2018年完成,是改善该地区的总体规划的一部分。附近的其他景点包括海湾州立公园、奥兰治海滩码头、丹吉尔奥特莱斯、十几个锦标赛高尔夫球场以及前往弗利体育场馆的便捷通道。
关于 DD 合作伙伴有限责任公司
总部设在阿拉巴马州伯明翰和佐治亚州玛丽埃塔的DD Partners, LLC由罗恩·达勒姆和罗恩·戴创立。该团队在东南部拥有超过50年的商业房地产收购、开发、施工、管理和处置经验。自大使馆度假村项目成立以来,DD Partners一直参与该项目。DD通过RFP程序获得了与墨西哥湾沿岸市的合同,与该市谈判了开发协议的条款和收益,获得了该项目的希尔顿大使馆套房旗帜,并在与酒店合作伙伴伍德拜恩开发和Peachtree集团联手之前完成了大楼的概念设计。
关于桃树集团
Peachtree Group是一家投资公司,通过多样化的商业房地产资产和其他风险投资组合推动增长。自成立以来,该公司已经进行了数百项投资,重点是总市值为90亿美元的房地产收购、开发和贷款。如今,Peachtree管理着超过25亿美元的股权,并辅之以旨在保护、支持和增加其投资的服务。欲了解更多信息,请访问 www.peachtreegroup.com。
伍德拜恩开发公司简介
伍德拜恩开发公司是一家提供全方位服务的房地产公司,拥有50年的开发、投资、收购和资产管理经验。自1973年成立以来,伍德拜恩参与了超过70亿美元的商业房地产开发,包括美国各地的度假村、度假村、混合用途、办公、住宅、工业和总体规划项目。这家总部位于达拉斯的公司提供深厚的酒店专业知识和服务,包括全方位服务目的地的全面开发、翻新、重新定位、资产管理和所有权,以及全球和精品品牌的精选服务住宿。其投资组合还包括Woodbine Legacy Investments,一个专门收购和重新定位生活方式度假村的收购平台,以及专注于工业/办公的经纪实体伍德拜恩商业公司。要了解更多信息,请访问 www.woodbinedevelopment.com