December 4, 2022

Just Moments

Travel Groove

Propst Development and Chartwell Hospitality Complete Hilton’s Conrad Luxury Hotel in Nashville

NASHVILLE, Tenn., June 20, 2022–(Small business WIRE)–Propst Progress and Chartwell Hospitality now introduced they have finalized enhancement of the Conrad Nashville lodge, located in the Broadwest town block in Midtown. The Conrad Nashville is Hilton’s very first luxurious branded hotel in Nashville and is scheduled to open up on June 29, 2022. Additionally, the co-builders have completed the sale of the 234-space assets to Northwood Traders, LLC, a leading owner and manager of luxury accommodations all over the entire world.

“Our aim for Broadwest was to make a residence that all Nashvillians are proud of, and we imagine the Conrad raises the bar as just one of the most magnificent hotel properties in America,” explained Bill Propst, Chairman of the Propst Firms. “Jobs like this attract expenditure into nearby neighborhoods and provide new economic stimulus and alternatives to area residents and firms – the Conrad Nashville on your own will make use of additional than 200 persons. We are thrilled with the execution of this advancement and to see it welcome its first company in the coming days.”

“We experienced a vision to build the nicest Conrad in the Hilton procedure as perfectly as posture this resort to be the nicest luxurious lodge in Nashville. I imagine we have achieved that intention,” claimed Rob Schaedle, Founder and President of Chartwell Hospitality.

Javier Rosenberg, president of Northwood Hospitality LLC mentioned, “We are delighted to insert the Conrad Nashville to our portfolio. Nashville is quickly turning into one of the leading locations in the region for leisure and corporate journey alongside with meetings and events. The Conrad Nashville is set to inspire and redefine the luxury hotel landscape, presenting some of the most effective lodging and activities the market place has to provide.”

The Conrad Nashville is section of Broadwest, a $540 million, 1.3 million sq. foot combined use task master formulated by Propst Progress and consists of 630,000 square ft of Class A office room, 196 luxurious condominiums, and the Conrad Lodge. Broadwest encompasses a full town block and has remodeled Midtown into one of the most lively areas for advancement in Nashville.

Conrad Accommodations and Resorts are regarded for providing company a seamless relationship among contemporary style, primary innovation, and reliable community culture. The Nashville house options 234 visitor rooms and suites, 11,000+ square ft of assembly room, a 3rd amount out of doors terrace pool, and unique food stuff and beverage offerings, including domestically-sourced Blue Aster cafe and Thistle and Rye whiskey bar.

Northwood Traders LLC is a privately held, true estate private fairness agency that owns and operates serious estate throughout the U.S. and Europe. The organization at present manages close to $8 billion of investor cash. Northwood’s flagship fund seeks to opportunistically obtain nicely-located actual estate with a prepare to generate worth by fingers-on asset management. Northwood is vertically built-in with in-home operating groups throughout the office environment, multifamily, retail, hospitality, and city logistics sectors. Make sure you check out northwoodinvestors.com for much more information.

For even further facts speak to John Hughey, President of Propst Homes at [email protected]

About Chartwell Hospitality

Chartwell Hospitality is a entirely built-in serious estate company centered in Nashville, Tennessee. We specialize in the acquisition, growth, and management of high-high-quality, branded, confined- and total-services lodges. Launched in 2003, Chartwell regularly surpasses level of competition in occupancy and marketplace charges. Only, our mission is to be the best in the business. For additional details, stop by www.chartwellhospitality.com.

View resource variation on businesswire.com: https://www.businesswire.com/information/household/20220620005416/en/

Contacts

Ashley Schulte
Link2 Communications for Chartwell
[email protected]