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Granduca: The Residences Condominiums In Uptown Park


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  • 5 weeks later...
  • 11 months later...
  • The title was changed to Granduca: The Residences In Uptown Park
  • The title was changed to Granduca: The Residences Condominiums In Uptown Park
  • 1 year later...

Figured this was worth bumping as Transwestern just acquired the property from Borlenghi.  Based on current trends in Houston, TW's development capabilities, access to capital, etc. I think building the branded Residences tower is a key part of the vision for this acquistion.  Robert Duncan's quote in the press release is a pretty good indicator:

 

"Our good friend, Giorgio Borlenghi, as Master Developer of Uptown, designed and built this iconic hotel some 17 years ago with his signature quality standards and remarkable eye for detail," said Transwestern Chairman Robert Duncan. "We are privileged to have this opportunity to further elevate the Granduca hospitality experience for our guests. And we are delighted that Giorgio remains a stakeholder who will consult with us to unleash the full potential of this extraordinary property."

 

https://www.prnewswire.com/news-releases/transwestern-acquires-houstons-renowned-hotel-granduca-302033030.html

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