Amiti Bhow of NewGen Advisory is pleased to present a unique development opportunity to acquire a shovel-ready hotel project located in DeSoto, Texas—just minutes from Downtown Dallas. This 150-key, formerly operating hotel, has been cleared for redevelopment and is approved for conversion to a Radisson-branded full-service property. Alternative flags may also be considered, offering flexibility for experienced hospitality developers.
The property has undergone significant preparation for redevelopment: all FF&E has been removed, the interior has been fully cleaned out, building permits have been approved, architectural drawings are complete, and a general contractor has been identified. This advanced stage of readiness significantly reduces development risk and accelerates the timeline to market re-entry.
Strategically positioned as the only full-service hotel in proximity to the Convention Center, the asset also lies just minutes from a newly developed $100 million athletic complex, further enhancing its appeal to a broad demand base including business travelers, sports teams, and event-goers. This opportunity is ideally suited for capable developers with the financial capacity and operational experience to complete a high-impact hospitality project. With a substantial discount to replacement cost and a clear path to completion, this offering represents an exceptional value proposition in a thriving submarket of the Dallas-Fort Worth Metroplex.