Months after promising a major renovation after its purchase of the Four Seasons Resort Dallas at Las Colinas, the new ownership group has unveiled the makeover details, which will include the luxury hotel's rebrand into a Ritz-Carlton.
The joint venture of Partners Group and Trinity Real Estate Investments, which acquired the 431-room high-end hotel at 4150 N. MacArthur Blvd. in Irving earlier this year, has signed an agreement with Marriott International to begin transferring the management of the hotel and resort before the end of the year. The hotelier will assume management of the property, which will be renamed The Las Colinas Resort, Dallas, on Dec. 15.
The Las Colinas hotel's proposed upgrades include the renovation of all guestrooms and villas, reimagining the hotel's food and beverage options, updating the 90,000 square feet of meeting and event space, refreshing the 14,000-square-foot spa and upgrading the outdoor pool area.
Construction is scheduled for completion in 2024. During the construction process, guests are expected to have access to the 12 tennis courts, indoor swimming pool, 6,000-square-foot fitness club and the TPC Las Colinas golf course.
Upon completion of the $55 million renovation, the resort will become The Ritz-Carlton Dallas, Las Colinas.
The only Ritz-Carlton in Texas now is in Uptown Dallas, about 12 miles southeast of the Irving resort. The addition of this property to the Ritz-Carlton flag doubles the brand's presence in the Dallas-Fort Worth region, the nation's fourth-largest metropolitan area with more than 7.6 million residents.
Greg Dickhens, managing partner of Trinity, said the new ownership group plans to offer a destination experience to "sophisticated travelers across both the meetings and leisure segments " as a result of the agreement with Marriott.
Earlier this year, Sean Hehir, the Honolulu-based firm's managing partner, president and CEO, told CoStar News he wanted to replicate the Four Seasons deal in Texas elsewhere in the world. Trinity Real Estate recently raised more than $500 million to invest in growing its global hospitality portfolio, Hehir said, in a move banking on the future of the lodging sector.
Once the Four Seasons flag comes down at the Irving hotel and resort, the state's remaining two Four Seasons properties will be located in Austin and Houston.