Auction: Hotel Development Site - Tifton, GA | August 10-12
Online Auction for this Hotel Development Site located in Tifton, GA is scheduled for Aug 10 - 12, 2020.
Avison Young presents the fee simple interest in a shovel-ready, 3.84-acre development site (2202 US Highway 41 N.), approved for a 128-key upscale select-service hotel development opportunity. The site is positioned within Tifton North, a 12.19-acre lifestyle center currently under construction in Tifton, Georgia.
The future hotel site will be the centerpiece of the Tifton North mixed-use development. The offering includes a one-acre 'Main Street' green space/pedestrian promenade in the center of the development, which will be owned and controlled by the hotel. Main Street's amenities will include a centrally-located bandstand, a kid-friendly splash pad, connectivity to the Courtyard's outdoor bistro space, and a proposed 200-seat event center. Tifton North will represent the first development of its kind in the trade area, and the property will deliver the highest-caliber hospitality experience in South Georgia.
Tifton North is designed to be a world-class destination that provides hospitality, retail, restaurant and entertainment experiences. As Tifton North's anchor property, the hotel development site will attract overnight I-75 traffic, serve as the host hotel for the UGA Conference Center, accommodate the sports, social, and commercial demand generated by UGA Tifton and ABAC's campuses, provide the closest hotel for the nearby hospital and medical clinics, and support the general business, leisure, and SMERF hotel needs of Greater Tifton and the surrounding neighborhoods.
This is a unique opportunity to accelerate the construction timeline for a highly sought after, branded hotel in a strategic location destined to evolve into a popular 'City Center' for both hotel guests and locals. The site, fully entitled, approved and permitted, is construction ready.
Tifton North is located at the pin corner of US Hwy 41, and I-75, Exit 64. The 128-key hotel will serve as the closest hospitality provider for the major economic and cultural institutions in the region, including the University of Georgia-Tifton campus, Abraham Baldwin Agricultural College, the 2,000-seat University of Georgia Conference Center, and Tifton Regional Medical Center (currently undergoing a $150M expansion).
- Development site comprising 3.84-acres, approved for a 128-key Upscale Select Service hotel
- Complete architectural plans included
- All entitlements, licenses, zoning, and permits are in-place
- Local bank financing available for qualified buyer