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Plano Hotel Flips to Driftwood Capital
Driftwood Capital acquired the Hilton Dallas/Plano Granite Park. The 299-key hotel is centrally located within the 90-acre master-planned, mixed-use community of Granite Park in the north Dallas suburb of Plano. The hotel, completed in 2014, cost $80 million to build. This marks the company’s third hotel acquisition in the Dallas-Fort Worth market; it also owns the 231-key Hilton Dallas/Rockwall Lakefront and the 248-key Hilton Dallas Southlake Town Square.
Located at 5805 Granite Pkwy, the Hilton Dallas/Plano Granite Park features 299 guestrooms, including king and double queen configurations, as well as suites. Amenities include an outdoor pool, two on-site dining options, Carso Market for ready-made meals and coffee, a fitness center, and a business center. The hotel also boasts 33,833 square feet of meeting and event space, accommodating up to 1,300 guests.
- ◦Sale/Acquisition