Hospitality and gaming chief purchases premier luxurious mixed-use growth within the coronary heart of Houston
HOUSTON, March 1, 2024 /PRNewswire/ — Tilman Fertitta has acquired River Oaks District, a landmark 13.87-acre luxurious retail and mixed-use mecca within the heart of Houston’s thriving Uptown/River Oaks hall combining top-tier retail and restaurant choices, boutique workplace house, and luxurious residences. This marks Fertitta’s second luxurious property acquisition within the final 16 months totaling greater than a billion {dollars} together with the sooner buy of the Montage Laguna Seaside.
The addition of River Oaks District to Fertitta’s Houston present portfolio choices—anchored by The Publish Oak Resort at Uptown and its adjoining upscale eating places, in addition to Publish Oak Motor Automobiles, an award-winning dealership residence to Bentley, Rolls-Royce, and Bugatti—creates the proper synergy between two of Houston’s destination-worthy landmarks, situated simply minutes aside.
“Including River Oaks District to our Publish Oak Resort household of choices seamlessly enhances the curated expertise now we have created for the luxury-seeking shopper,” stated Fertitta. “That is the proper second in time so as to add this premier mixed-use growth to our luxurious portfolio, creating unbelievable cross-promotional alternatives and elevating the usual for luxurious eating and purchasing for Houstonians and worldwide vacationers alike.”
River Oaks District at present boasts over 300,000 sq. toes of luxurious retail, over 67,000 sq. toes of world-class workplace house, and 279 premier house items. That includes a various mixture of high-end retail and iconic luxurious manufacturers, resembling Hermes, Cartier, Rolex, Dior, Van Cleef & Arpels, Patek Phillip, Brunello Cucinelli, Balmain, Zimmerman, Harry Winston, River Oaks District has develop into residence to the world’s most revered manufacturers. As well as, River Oaks District attracts the eye of preeminent superb eating and repair oriented ideas a lot of that are market unique. Lately introduced first-to-market additions embody Stefano Ricci, Adam Lippes, Hastens and Biologique Recherche slated to open this 12 months with extra to be introduced in upcoming months.
The Publish Oak Resort at Uptown represents the top of hospitality in Houston and past, serving as a vacation spot lodge for discerning visitors worldwide. For the fourth 12 months in a row, The Publish Oak Resort at Uptown has earned Forbes Journey Information’s 2024 5-Star ranking, remaining Houston’s solely Forbes Journey Information 5-Star lodge, and Texas’ solely Double 5-Star rated lodge and spa. U.S. Information & World Report additionally listed The Publish Oak Resort in its elite 2024 Greatest Inns Rankings, naming the posh property a Gold Badge winner, the #1 lodge in Houston, #2 lodge in Texas, and #68 within the U.S.
Fertitta’s buy of River Oaks District guarantees to shepherd a brand new period of attracting highly-curated retail and restaurant ideas, using his home-town connections and relationships to capitalize on present leasing momentum and elevate the event to new heights.
SOURCE Fertitta Leisure
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