Stampede Hotel | 45m | 12s | Truman | NORR

Maybe it's hotels + condos, which isnt atypical for the true 5-star hotel experience. A 300 room hotel is maybe too large for a four seasons, shangri la, etc. But they could do 150 hotel rooms+ 150 luxury condos. Where the condos get access to the hotel amenities and also share in paying for them. And then with all the 5-star common amenities, retail space and ballroom space, you can get to $300m development cost.
 
I can't see any success in selling 5 star condos here. It'll be decades before the area loses its isolation. Spa/ wellness resorts are very popular right now. Private athletic clubs continue to do well. These are other luxury functions that compliment luxury accomodations and are attractions that don't have to be in the centre of it all.
 
Gullfoss said:
Maybe it's hotels + condos, which isnt atypical for the true 5-star hotel experience. A 300 room hotel is maybe too large for a four seasons, shangri la, etc. But they could do 150 hotel rooms+ 150 luxury condos. Where the condos get access to the hotel amenities and also share in paying for them. And then with all the 5-star common amenities, retail space and ballroom space, you can get to $300m development cost.
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No condos in this building.
 
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