$158 million renovation to embody refined rooms and unparalleled facilities.
IHG Motels & Resorts (IHG) and Scarlett Lodge Group (SHG) are excited to announce the onset of development of InterContinental San Antonio, a 391-room lodge situated on the celebrated San Antonio River Stroll at 111 East Pecan Road. Trailbreak Companions, an actual property funding and growth agency based mostly in Denver, labored with SHG to safe the $158 million in financing that can utterly remodel the property into an opulent, first-class vacation spot serving guests to San Antonio in addition to town’s sturdy enterprise and conference business.
Development is predicted to be full by late 2024.
In regards to the Property’s $158 Million Renovation
The construction for InterContinental San Antonio initially opened as an workplace constructing in 1958. Sitting adjoining to the Weston Centre within the coronary heart of San Antonio, the 21-story constructing incorporates a rooftop pool with downtown views in addition to direct entry to the River Stroll and river taxi touchdown space.
Following an entire transformation, InterContinental San Antonio will embody 40,000 sq. toes of assembly house, world-class restaurant and bar experiences, and luxurious rooftop facilities. The lodge represents the primary property for the InterContinental model in San Antonio, catering to town’s robust conference and enterprise journey market, in addition to increasing town’s presence within the high-end leisure market. IHG has the second largest luxurious and way of life portfolio within the hospitality business, with greater than 450 resorts open globally throughout six distinct manufacturers, together with InterContinental Motels & Resorts.
Visitors will uncover touches of delicate luxurious and a refined ambiance all through their expertise. Bespoke work, sculptures and furnishings will improve the foyer and visitor rooms. A brand new rooftop design will maximize the expansive and distinctive outside house, creating a sense of openness. Along with the outside pool, a number of ranges of eating and gathering areas will permit friends to fulfill, eat and calm down.
An array of versatile indoor areas will permit for small teams and conferences to happen virtually anyplace on the property. Co-working areas through the day can remodel into non-public eating areas at night time. Main glass exposures in assembly rooms will probably be constructed with electrochromic glass, often known as sensible or dynamic glass, making it simple to manage backlighting or maximize daylight for occasions and shows.
Extra data on InterContinental San Antonio, together with its design and structure in addition to gastronomic experiences, will probably be obtainable because the challenge continues. Assembly planners and vacationers to San Antonio in 2024 are welcome to inquire about occasions and stays by contacting [email protected].
Intercontinental San Antonio
111 E Pecan St
San Antonio, TX 78205