Hotel Development Partners’ Residence Inn tops off in Atlanta

hotel-equitiesHotel Development Partners’ Residence Inn tops off in Atlanta

The new Residence Inn by Marriott Atlanta Perimeter Center Dunwoody, owned by Atlanta-based Hotel Development Partners and managed by Atlanta-based Hotel Equities, recently topped off in Dunwoody.

The seven-story extended stay hotel, under construction by Atlanta-based Winter Construction, will include 124 rooms and an outdoor swimming pool.  Joe Fallis serves as the General Manager of the hotel with Susan Zuppardo as the Director of Sales.

Fogo de Chao, a Brazilian steakhouse, opened in early December on one of the two commercial outparcels at the site located on property owned by the non-profit Spruill Center for the Arts and leased to Hotel Development Partners. 6,000 square feet of retail space is planned for the additional outparcel.

“We’re proud and excited to bring this important hotel to the heart of Dunwoody, our home town, said Fred Cerrone, COO of Hotel Development Partners and Chairman and CEO of Hotel Equities.

“The addition of this Marriott hotel will enhance the local lodging offerings in one of Atlanta’s prime office-retail locations,” said Allen O’Brien, CEO of Hotel Development Partners, LLC.  “We’re excited to announce the progress and look forward to the hotel’s opening in the summer of 2017.”

The topping out ceremony, held on Monday, November 28, celebrated the hard work of all the stakeholders involved, including subcontractors. In addition to Hotel Equities and Hotel Development Partners, Winter and its subcontractors, DRB Consulting and Richard Rauh & Associates were in attendance. City officials from Dunwoody also attended, including the City of Dunwoody’s Chief of Police, Billy Grogan, and the Mayor of Dunwoody, Denis Shortal.  Mr. Shortal gave a speech about the importance of the Residence Inn to the area, in addition to the recently-completed Hampton Inn & Suites Atlanta Perimeter Dunwoody, located nearby on Ashford Dunwoody Rd., a hotel built by Winter, owned by Hotel Development Partners and managed by Hotel Equities.

Hotel Development Partners, LLC (HDP) is an Atlanta-based joint venture formed by Hotel Equities and IRE Capital for the purpose of acquiring and developing premier-branded, select service hotels.   Principals of HDP are Bob McCarthy, Chairman of the Board, Allen T. O’Brien, Chief Executive Officer and Frederick W. Cerrone, Chief Operating Officer.

Hotel Equities (HE) is an Atlanta-based full-scale hotel ownership, management and development firm operating more than 100 hotels throughout North America.   Frederick W. Cerrone, CHA, serves as Chairman and CEO; Brad Rahinsky serves as President and COO.

Winter Construction is a privately owned and operated Atlanta based general contracting company. We provide construction services to clients in the hospitality, retail, government, education, senior living, and multi-family markets throughout the Southeast.

 

Source = Hotel Equities
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