|IRVING, Tex. (April 14, 2008) - Continuing its rapid expansion,
NYLO Hotels LLC breaks ground this week on its third hotel, this one in
the award-wining, master-planned community of Las Colinas in Irving, Tex.
The 200-room hotel will open in May, 2009. It will be located ten minutes
from Dallas-Fort Worth International Airport, fifteen minutes from downtown
Dallas and minutes from the 22 million square feet of offices in Las Colinas.
The five-story NYLO Las Colinas will sit on more than five acres at
the northwest corner of Royal Lane and Sierra Drive. Parent company, NYLO
Hotels LLC, (www.nylohotels.com) acquired the site in 2007. The company
recently completed its financing with ORIX Real Estate Capital, Inc. (www.orix.com).
Headquartered in Chicago, ORIX Real Estate provides capital for real estate
investments and development throughout North America.
"We saw this as a great opportunity to work with an exciting, new hotel
brand," says David R. Brown, president and chief executive officer of ORIX
Real Estate Capital. "We believe in both the innovative concept and excellent
location for this project. And our longstanding relationship with NYLO
principals and respect for their vision and entrepreneurial spirit gave
us a high comfort level when considering this loan."
"NYLO Las Colinas will fulfill a need for an upscale boutique hotel
in Irving," notes Michael Mueller, president, chief development officer
and visionary for the brand. "The property will feature a 3,000-square-foot
ballroom with a dramatic urban loft design, including soaring ceilings
and exposed brick walls. The ballroom will open onto an expansive outdoor
courtyard and also connects to The Loft, our signature restaurant and bar.
"The hotel will have more than 6,000 square feet of meeting space,"
Mueller continues. "With its striking ballroom and creative cuisine, NYLO
Las Colinas will be an ideal venue for wedding receptions and other special
NYLO's first hotel, NYLO Plano at Legacy, opened in Dec. 2007, in North
Dallas, at the northwest corner of Headquarters Drive and Preston Road
in the fast-growing suburb of Plano. The hotel was honored at the 2008
Hotel World Global Hospitality & Design Awards, recognized for design
excellence in its restaurant/bar and lobby. With its unique Dallas-meet-Soho
decor, NYLO Plano provides a glimpse of things to come in Irving.
|The NYLO Hotel-Plano under construction (Lyda
Swinerton Builders) / The first property built for NYLO Hotels. The
88,000-square-foot project features 5-stories and 176 guest rooms. The
innovative loft-style hotel has rich masonry brick panels on the exterior
to complement the concrete tunnel form structure.
Innovative Concept and Design
Atlanta-based NYLO is the creator of a new lodging category, loft lifestyle
hotels, that combines the dynamic qualities of urban loft-style living
with the best-of-the-industry features of leading hotel brands. NYLO features
bright, spacious loft accommodations; state-of-the-art business center;
high-tech gym; clothing boutique; and 24-hour, healthy-alternative restaurant
and bar. With its upscale amenities, NYLO caters to business and leisure
travelers seeking an energized alternative to the bland, one-size-fits-all
Showcasing the brand's urban loft design, NYLO Las Colinas will feature
a bold brick-and-glass exterior; floor-to-ceiling windows in the lobby;
exposed brick-and-polished-concrete walls; and guest lofts with high ceilings
exceeding 10 feet.
Each bright, airy guest loft will have custom-designed furnishings,
including a plush NYLO NYTE bed by Simmons Bedding Company topped with
luxury linens, sofa, ottoman and large moveable desk with ergonomic chair.
Guest lofts also will provide complimentary high-speed and wireless Internet
access, large flat-screen TV and iPod docking station.
Franchising and Development
NYLO Las Colinas is the brand's fourth announced property. "The first
four hotels are owned, developed and operated by NYLO Hotels," Mr. Mueller
points out. "We are now also making NYLO available under a franchise relationship
with third-party developers and operators."
The NYLO hotels announced to date are:
NYLO recently launched a second brand, XP by NYLO, a select-service, upscale,
loft-style hotel that the company also is franchising. Investors and developers
seeking more information on franchising or other hotel development opportunities
can contact Mr. Mueller at email@example.com.
NYLO Plano in Dallas/Fort Worth market, opened December 2007
NYLO Warwick near Providence Rhode Island, opening July 2008
NYLO Irving, also in the Dallas/Fort Worth market, opening May 2009
NYLO Broomfield in the Denver/Boulder area, opening August 2009
Only at NYLO
Like all NYLOs, the Las Colinas property will be high-end with an array
of innovative and engaging amenities:
The heart of NYLO Las Colinas will be a custom-designed common area
called The Loft. Located on the main floor next to the lobby, this high-energy
gathering spot will welcome with upscale amenities, including a stylish
24-7 restaurant and bar. The Loft at NYLO Las Colinas will be custom-designed
by Bill Johnson of the Atlanta-based Johnson Studio. The firm has designed
premier restaurants nationwide. Among Johnson's works: Fearing's, Dallas,
Esquire Magazine's 2007 "Restaurant of the Year," and Shaun's, Atlanta,
another Esquire top pick, this time as a "Best New Restaurant for 2007.
Catering to a mixed crowd of travelers and locals, the restaurant will
serve sophisticated comfort cuisine, including fresh healthy snacks and
gourmet meals round-the-clock.
Among its other thoughtful amenities, The Loft at Los Colinas will have:
complimentary wireless Internet access, 24-hour business center, comfortable
library, plush sofas, boutique shop and original artwork by local artists.
NYLO Wear by Daniel Vosovic
Staffers will wear apparel by this favorite alum from the Emmy-nominated
"Project Runway," Bravo-TV. Called NYLO Wear, the award-winning, 20-piece
line includes sweaters, skirts, pants, shirts, ties, belts, bags and more.
The versatile, mix-and-match collection is designed to look good in the
hotel, in the office and on the street. The apparel will be available for
guests to buy in the The Loft's' boutique shop.
NYLO Las Colinas Art Competition
NYLO Las Colinas will showcase the creativity of the local arts scene.
The brand works closely with arts groups in each of its markets, encouraging
emerging artists to submit original works reflecting the spirit of their
community. Inspired works will be displayed prominently in NYLO Las Colinas
guestrooms, corridors and The Loft. The art will be for sale as well as
for display, with 90 percent of the proceeds going to the artist and the
remainder to charity.
Artists interested in participating should send photos of their work
and contact information to Amanda Emmo (firstname.lastname@example.org) or via mail
to: NYLO Hotels, LLC; attention: Amanda Emmo; 260 Peachtree St., N.W.;
Suite 2301; Atlanta, GA, 30303.
NYLO Uncovers CDs
NYLO's compilation CDs, NYLO Uncovers, also spotlight rising stars.
"The CDs aim to help launch musicians' careers by providing broad exposure
for their work," Mr. Mueller explains. "At the same time, the original
CDs, artwork, interior design and custom apparel further enhance the richness
of the NYLO experience for our guests by putting outstanding original works
into all our hotels across the country."
Musicians interested in participating in the NYLO Uncovers CDs should
send mastered tracks and contact information to Michael Mueller (email@example.com)
or via mail to: NYLO Music, LLC; attention: Michael Mueller; 260 Peachtree
St., N.W.; Suite 2301; Atlanta, GA, 30303.
Each NYLO offers an entire allergy-friendly floor, with all guestrooms
incorporating a comprehensive, seven-step purification system from Pure
Solutions North America. Of all the lodging brands, NYLO is the industry
leader, with the largest percentage of inventory in each hotel dedicated
to this comprehensive air purification system. Every NYLO Pure Room has
a medical-grade air purifier, hypoallergenic bedding and more for the comfort
of guests sensitive to odors or suffering from allergies, asthma and other
respiratory illnesses. To keep air fresh, all hotels are 100% smoke-free.
Wind power supplies approximately half of the energy needs of NYLO
Plano, and the brand is committed to using renewable energy resources in
Las Colinas and in its other hotels too. Additionally, NYLO's Everything
Green Construction Policy calls for using the most energy-efficient building
materials and techniques. With its low thermal range, for instance, the
brand's concrete-and-brick construction reduces electricity usage for heating
and cooling. In guest lofts, lights turn on automatically when guests enter
and shut off automatically when they leave. Desk pads and folio binders
use recycled paper, and bath amenities come in recycled bottles and have
no chemical preservatives like Paraben.
Free WiFi will be available throughout NYLO Las Colinas and all the
brand's hotels. Guest lofts have free wireless and wired high-speed Internet
access as well as 32-inch flat-screen TVs with high-definition programming
and iPod-compatible audio systems.
NYLO's 24-hour fitness center houses top-of-the-line Life Fitness cardio
equipment. Guests can plug in their iPods and control their playlists and
watch movies from the equipment's large integrated LCD screens.
Like all NYLOs, the Las Colinas hotel will have myriad complimentary
amenities, including: free local and domestic long distance phone calls,
free WiFi throughout the property, free WiFi and Ethernet in guestrooms.
Also for free: bottled water; faxes; printouts; parking; and shuttle service
to area shopping, dining and entertainment.
Innovative Meeting and Event Space,
NYLO Las Colinas will house more than 6,000 square feet of meeting
space, including boardrooms and a 3,000-square-foot ballroom with soaring
ceilings and exposed brick walls. All the meeting facilities will offer
the latest projection and audio-visual equipment. Additional space for
innovative meetings and events will be available in The Loft.
Atlanta, Georgia-based NYLO Hotels LLC offers a new class of hotels
that combines the dynamic qualities of urban loft-style living with the
best-of-the-industry features of leading hotel brands. The properties
feature bright, spacious loft accommodations; state-of-the-art business
center; gym, and 24-hour, healthy-alternative restaurant and bar.
They cater to business and leisure travelers seeking an energized, fun
and comfortable lodging option. For reservations and more information,