Frontera Hotel Group reposted this
Frontera Hotel Group is proud to announce that one of our capital partners has completed the acquisition of the Courtyard by Marriott Dallas Addison/Midway — our second management assignment with Marriott Hotels this year, following the TownePlace Suites Houston Hobby Airport acquisition in February. Addison continues to be one of the most dynamic growth markets in North Texas. The town's $240M Addison Junction mixed-use development is set to break ground this fall alongside the DART Silver Line, which now connects the area to more than 200,000 jobs within a half-mile of its stations. And just a short drive down the Dallas North Tollway/LBJ Freeway corridor from our hotel, the Dallas Mavericks are moving forward on their new arena and entertainment district at the former Valley View Mall site — one of the largest sports developments in North Texas history. Combine that with Addison's existing draw — Galleria Dallas, Addison Circle, and a dense corporate base — this submarket is positioned for real, sustained demand growth for years to come. We're also gearing up to kick off a full property renovation at the Courtyard by Marriott Dallas Addison/Midway in the coming months, to match the energy of this market. #Hospitality #Marriott #HotelInvestment #Dallas #Addison #RealEstate #Growth