woodbine legacy investments
Woodbine Legacy Investments Completes $20 Million Renovation of W Atlanta-Buckhead Led by General Manager Robert Woolridge
Woodbine Legacy Investments | January 29, 2019
ATLANTA (Jan. 29, 2019) — Woodbine Legacy Investments (WLI) has completed a $20 million renovation on W Atlanta-Buckhead, a 12-story, 291-room full-service luxury hotel in Atlanta's affluent Buckhead neighborhood. Launched in May 2018, the renovation was completed just before the city will host the 2019 Super Bowl LIII. "This renovation was definitely more than a makeover—it reinstates the hip, edgy and inspiring experience guests expect from the W brand, especially with Buckhead as the backdrop," said Dupree Scovell, managing partner and chief investment officer for Woodbine. "The overhaul restored this destination's sh...
Woodbine Legacy Investments Acquires 375-Room Doubletree by Hilton Los Angeles – Westside for $151.5 Million
Woodbine Legacy Investments | October 15, 2018
DALLAS (Oct. 15, 2018) — Woodbine Legacy Investments (WLI) purchased the 375-room DoubleTree by Hilton Hotel Los Angeles - Westside and an adjacent entitled 2.2-acre development parcel from The Carlyle Group for $151.5 million. The broker for the transaction was Eastdil Secured. The purchase of the DoubleTree LA – Westside marks the third acquisition for WLI, a private real estate fund created and managed by Woodbine Development Corporation. Woodbine's plans for the Culver City hotel include a $35 million renovation, which is set to begin in early 2019. The company's plans also include developing the adjacent 2.2-acre parcel...
Woodbine Legacy Investments | September 6, 2018
ATLANTA (Sept. 6, 2018) — Woodbine Legacy Investments (WLI) launched a $20 million renovation on W Atlanta-Buckhead, a 12-story, 291-room full-service luxury hotel in Atlanta's affluent Buckhead neighborhood. The renovation began in May 2018 and will be complete in late December 2018, just weeks before the city hosts Super Bowl LIII. "When this hotel debuted as part of the W Hotels portfolio in 2008, it quickly became a hotspot for locals and visitors alike and has remained that way for the past decade. That said, when Woodbine purchased the property in 2017, we knew it needed a reboot to restore its shine," said Dupree S...
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