AJ Capital Partners Converting Ohio’s Former Bollinger Tower Into Graduate Columbus Set for Spring 2019 Opening
September 18, 2017 12:34pm
Columbus, Oh.- September 18, 2017- AJ Capital Partners announced its plan to open Graduate Hotels' newest location in Columbus, Ohio in spring 2019 as Graduate Columbus. AJ Capital acquired the Bollinger Tower, formerly an affordable housing complex and now vacant, on North High Street in the Short North neighborhood of Columbus, proximate to both Ohio State University and downtown Columbus. The property will begin renovations in spring 2018 to be converted into a hotel with 171 guestrooms, meeting and event space, two food and beverage outlets and ground floor retail space.
Prominently located in the Short North neighborhood of Columbus, the city's thriving retail, arts and culinary destination, the hotel is situated between several locally owned boutiques and restaurants. It is also conveniently located halfway between downtown Columbus and The Ohio State University's campus.
Created for travelers who seek memory-making journeys, Graduate Hotels are part of a well-curated, thoughtfully crafted collection of hotels that reside in the most dynamic, university-anchored cities across the country. Every property celebrates and commemorates the optimistic energy of its community, while offering an extended retreat to places that often played host to the best days of our lives. Locations include Ann Arbor, Mi.; Athens, Ga.; Berkeley, Ca.; Charlottesville, Va.; Lincoln, Ne.; Madison, Wi.; Oxford, Ms.; Richmond, Va and Tempe, Az., as well as Bloomington, ln.; Iowa City,Ia.; Minneapolis, Mn.; New Haven, Ct.; Seattle, Wa.; and New York City's Roosevelt Island as part of the Cornell Tech campus are slated to open in 2018 and 2019.
"We are thrilled to announce the newest addition to Graduate Hotels in Columbus, Ohio" says Tim Franzen, President of Graduate Hotels. "Columbus is an extremely desirable market for us to enter for many reasons; particularly, do to it being a hub for several major corporations and home to The Ohio State University. It is also a particularly exciting time to join this community with the recent urban revitalization of the city's Short North district where our hotel will reside. We're looking forward to contributing a lodging product unlike any other in Columbus today and one that will serve locals, members of the University community, as well as out of town visitors."
Formerly an affordable housing complex, the property will undergo extensive construction scheduled to begin in coming months. Once complete, the extensive renovation will result in 171 hotel guestrooms, 4,000 square feet of meeting space as well as two food & beverage outlets. Additionally, the hotel's ground floor will offer ample retail space for lease along its High Street frontage.
For more information on Graduate Hotels, please visit www.graduatehotels.com.
Tags: aj capital partners,
graduate hotel columbus
Adventurous Journeys Capital Partners, based in Chicago, is an accomplished team of hospitality and real estate investors whose innate passion is to create a one-of-a kind portfolio of timeless assets. The counter-culture investors acquire, design and develop transformative real estate throughout the United States, Mexico, and the Caribbean. In fall 2014, AJ Capital Partners launched the Graduate Hotels collection. AJ Capital Partners continues to grow its portfolio of lodging investments, firmly establishing the group as visionary leaders in the lifestyle-driven investment industry. For more information on AJ Capital Partners, please visit www.ajcpt.com.
Contact: Meg Connolly Communications
AJ Capital Partners Acquires The Chancellor Hotel in Fayetteville, Arkansas to Be Renovated and Rebranded as a Graduate Hotel
AJ Capital Partners to Develop 194-Room Graduate Hotel in East Lansing Adjacent to Michigan State University
Graduate Hotels Opens 154-Room Graduate Seattle in Washington Led by General Manager Senada Hajric
AJ Capital Partners Acquires The Inn at USC in Columbia, South Carolina
AJ Capital Partners Acquires Atherton Hotel in State College, Pennsylvania, to Become a Graduate Hotel
AJ Capital Partners Appoints Two Key Executives to Graduate Hotels Acquisitions and Development Team
UConn, Graduate Hotels® to Enter Deal for Purchase of Nathan Hale Inn
AJ Capital Partners Acquires Maryland's Loews Annapolis Hotel for Conversion to Graduate Annapolis
AJ Capital Partners Acquires President Hotel Apartments to Be Converted to Graduate Palo Alto
AJ Capital Partners Breaks Ground on Graduate Nashville Set to Open Fall 2019
AJ Capital Partners Acquires Hilton Eugene With Renovation and Conversion to Graduate Eugene Planned
AJ Capital Partners and Cornell University Begin Construction for Graduate Roosevelt Island Hotel at Cornell Tech Campus
AJ Capital Partners Opens 304-Room Graduate Minneapolis Following Renovation and Rebranding
AJ Capital Partners Acquires Providence Biltmore Hotel; Plans Renovation and Conversion
Graduate Charlottesville Appoints Frank D. Paris III as Executive Chef
AJ Capital Partners Acquires Hotel Duncan in New Haven, Connecticut to Reopen in 2019 as Graduate New Haven
AJ Capital Partners Acquires Iowa City Sheraton to Be Relaunched as Graduate Iowa City by Summer 2018
AJ Capital Partners Acquires Sheraton Iowa City from Rockbridge
George Stowers Joins AJ Capital Partners as Senior Vice President of Development and Construction
Albert Rothman joins AJ Capital Partners as Senior Director of Food & Beverage
Please login or register to post a comment.