TMGOC Shares ‘Topping Out’ of Moxy Charlotte Uptown

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TMGOC Shares ‘Topping Out’ of Moxy Charlotte Uptown

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CHARLESTON, South Carolina, and BOCA RATON, Florida—TMGOC Ventures introduced the “topping out” of the upcoming Moxy Charlotte Uptown. The second is a milestone for the brand new Marriott-branded property aimed toward Millennials and enterprise vacationers. Development will probably be accomplished later this 12 months with a grand opening scheduled for Q1 2025.

The 208-key, 13-story resort is positioned in uptown close to the Spectrum Heart and Epicentre. A function of the brand new property is a rooftop lounge and patio. The property can even have 2,500 sq. ft of assembly area, a 24/7 health heart, and a Starbucks on the primary flooring.

“We’re ecstatic to convey the primary Moxy Resort to Charlotte and know it will likely be an important addition to the bustling Uptown space,” stated TMGOC Co-Founder Sunju Patel. “The Moxy will fill a niche within the Charlotte resort market, enhancing the Uptown Leisure District by providing visitors and locals a brand new place to play and have enjoyable. We stay up for formally opening subsequent 12 months and deepening our ties within the Charlotte neighborhood.”

The property marks the second resort for TMGOC within the Charlotte market, becoming a member of the Marriott Courtyard Charlotte Airport North, and the second Moxy Resort in its portfolio. The opposite is Moxy Charleston Downtown, the primary Moxy in South Carolina, which opened in April 2023 and is a 131-room boutique resort.

“Charlotte is a key market in our general portfolio and one we see long-term progress alternatives for our traders,” stated TMGOC Co-Founder Glenn Alba. “Because the migration continues to maneuver from the Northeast to areas which can be extra favorable for enterprise like North Carolina, Charlotte is poised to see super progress. We’re effectively positioned to seize that progress with this latest addition to the Queen Metropolis.”

Moxy Charlotte Uptown will probably be managed by Lexima Lodging. The corporate has expertise working with resort manufacturers, together with Hyatt, Marriott, Hilton, IHG, and Alternative Motels. Lexima at the moment operates 5 extra TMGOC properties: The Moxy Charleston Downtown in Charleston, South Carolina; the Hampton Inn Bee Ridge Sarasota; the Hilton Backyard Inn Sarasota-Bradenton Airport; the House 2 Suites Sarasota-Bradenton Airport; and the Vacation Inn in Boca Raton, Florida.

Extra upcoming TMGOC developments embrace a 162-key Tapestry Assortment by Hilton and a 233-unit multi-family mixed-use improvement in Macon, Georgia; a 191-key Thompson by Hyatt in Charleston, South Carolina; and a 150-key and 20 residences by Autograph Assortment Motels in Charleston, South Carolina.

TMGOC’s present portfolio at the moment consists of properties primarily positioned within the Southeastern United States, with plans to develop to extra key markets in Arizona, Colorado, and Utah.

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