X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

JACKSONVILLE, FL-Locally based Joyce Development Group will be constructing a 96-room Hotel Indigo as part of mixed-use Tapestry Park. The project rising on Deer Lake Drive west adjacent to the Merrill Lynch office campus.

Construction of the hotel, which will be owned and operated by Zieg Hospitality of Jacksonville, Inc., is expected to begin in February, Joyce Development Group president John Joyce tells GlobeSt.com. “Having Hotel Indigo as part of the project is important,” Joyce says. “The hotel element is a key piece to the mixed-use project.”

Site work on the first phase of Tapestry Park began in September. In addition to the hotel, the first phase of the project includes 52 townhomes, which are being developed by Birmingham, AL-based Arlington Properties. Tapestry Park also will include 41,000 sf of retail space, 16,000 sf of office condominium space and a lakeside restaurant, all of which are being developed by Joyce Development Group. “We’re hoping to have all the components of Phase 1 completed by late summer 2007,” Joyce says.

Work on Phase 2, which is currently planned by Arlington Properties for approximately 275 residential units, is scheduled to begin in June 2007.

Hotel Indigo is a member of the InterContinental Hotels Group family. The Jacksonville hotel will be the brand’s eighth hotel and third in Florida. Hotel Indigo Sarasota opened in October and a Fort Myers location is expected to open at the end of 2007.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt. Multifamily Spring 2022 (Formerly APTS)Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.