60 F
Fort Worth
Monday, October 19, 2020
Real Estate New hotel near DFW Airport

New hotel near DFW Airport

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

KDC, one of America’s leading commercial real estate development and investment firms, announced today that EVEN, Staybridge Suites, and Avid, Intercontinental Hotel Group’s (IHG) newest brand, will join Avion Business Park in Irving near the Dallas Fort Worth International Airport. The new building will house all three brand concepts under the same roof.

“The new hotels are a perfect addition to Avion Business Park’s masterplan and will play a big role in attracting corporate office interest,” said Bill Guthrey, senior vice president at KDC. “These hotels are a wonderful asset that will integrate well into the walkable business park, making our remaining 26 acres of office land primed for development.”

The 320-room hotel campus is located outside of the airport’s north entrance off State Highway 114 between Esters Road and Freeport Parkway. A tri-branded offering, each brand offers a unique experience tailored to distinct travelers. The 110-room EVEN brand offers a hotel where wellness is at the core of the experience for the active, on-the-go traveler. The 115-room Staybridge Suites brand has set the standard in the upscale extended stay segment for more than 20 years, with a relentless commitment to exceeding evolving guest expectations. The 95-room Avid brand is IHG’s newest offering, providing guests hospitality with the essentials of travel done exceptionally well. The three brands work together seamlessly to offer guests a wide variety of amenities.

Construction on the hotel is planned to commence in Q1 2020 with completion slated for Q4 2021. Civitas Capital Group is developing the hotel.

“We are excited to bring this dynamic concept to the North Texas market,” said Jerry Flemons, senior vice president of lodging investments with Civitas Capital Group. “From concept to completion, the hotel represents the relentless creativity for which Civitas is known.”

Avion Business Park is located on a 50-acre tract of land along State Highway 114 and Royal Lane between Esters Blvd. and Freeport Parkway in Irving, Texas, just outside the northern entrance to DFW Airport. Approximately 26 acres remain for office build-to-suit development. Avion Business Park is home to the American College of Emergency Physicians, which recently moved into its newly completed, three-story, 60,000-square-foot headquarters.

Latest News

D.R. Horton acquires Corpus Christi homebuilder

D.R. Horton, Inc. (NYSE:DHI), on Oct. 19 announced the acquisition of Braselton Homes, the largest homebuilder in Corpus Christi. The homebuilding assets acquired include...

Will Northern and Michael D. Crain form Northern Crain Realty

Fort Worth real estate brokers Will Northern and Michael D. Crain announced Oct. 19 they have reorganized their...

Downtown Fort Worth landmark goes on the market

One of Downtown Fort Worth’s signature buildings is on the market. Burnett Plaza, a 40-story, 1.1 million square foot,...

Ramble & Rose Apartment Community in Near Southside now leasing

The seven-story development – five stories of residential units over two stories of structured parking – caters...

Fort Worth home sales increase 21.3% in September

The median price for Fort Worth homes increased 8.9 percent year-over-year to $250,000 in September 2020.  Fort Worth home...