Dallas � June 4, 2007 � Jackson-Shaw, a national, diversified real estate development and investment company, has announced plans to expand its hospitality portfolio with the development of four new hotel properties.  The company, which also specializes in land, office and industrial developments, will break ground this year on all of the hotels, three of which are located in the Dallas-Fort Worth Metroplex and one in Jacksonville, Florida.
 
�These new hotel developments showcase our deep expertise in the hospitality industry and our continued commitment to developing high-quality, branded properties,� said Stephen M. Golding, president and COO at Jackson-Shaw.  �We have experienced solid growth in this arena and expect the growth to continue in the coming years.�
 
Jackson-Shaw will begin construction in June 2007 on two hotels located in the 100-acre, master planned community, Cascades at The Colony, in The Colony, Texas, a suburb of Dallas.  The four-story Marriott Fairfield Inn & Suites will offer 104 guest rooms and a 7,540-square-foot event center, including a 3,325-square-foot ballroom.  The four-story Marriott Residence Inn will feature 102 guestrooms.  Both properties are scheduled to be completed in June 2008.
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The Cascades at the Colony, a 100-acre, master-planned mixture of residential, flex, office, retail and hospitality. At the heart of the Cascade�s community is a two-acre public park, serving as the focal point of the Cascades. Situated between the North Dallas Tollway and Interstate 35, and at a major intersection of the newly improved Highway 121 Tollway from McKinney to the DFW Airport, this development is positioned to give tenants and residents easy access to almost anywhere in the Dallas Metroplex.