Preston Hollow Arranges $115M in Construction Financing for Irving Hotel

by Taylor Williams

IRVING, TEXAS — Preston Hollow Capital, a Dallas-based finance firm, has arranged $115 million in financing for the construction of Westin Irving Convention Center Hotel, a 12-story, 350-room hotel development in Irving. The property will offer 16,000 square feet of ballroom and meeting space, restaurant and retail facilities and a parking garage. Texas-based architecture firm BOKA Powell designed the hotel, which will be situated on a 17-acre tract adjacent to the Irving Convention Center at Las Colinas. Austin Commercial LP is general contractor on the project, which is slated for an early 2018 opening.

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