Peachtree Group announced the grand opening of the TownePlace Suites by Marriott Palmdale in California. The 220-room hotel, located at 39330 Trade Center Dr., was developed by Peachtree Group and will be operated by the firm’s hospitality management division.
“The TownePlace Suites by Marriott Palmdale is well positioned to serve the growing aerospace, defense and extended-stay demand throughout the Antelope Valley market,” said Vickie Callahan, president, hospitality management, Peachtree Group. “This opening represents the culmination of a long development journey that required tremendous persistence, collaboration and commitment across many teams. We are grateful to our development, pre-opening, revenue generation and operations teams for successfully bringing this project across the finish line.”
Located in the Antelope Valley, the all-suite hotel benefits from proximity to major aerospace and defense demand generators, including U.S. Air Force Plant 42, Edwards Air Force Base and Lockheed Martin operations in the region. The property is also near local attractions, including DryTown Water Park.
Guests will enjoy spacious accommodations with fully equipped kitchens, complimentary Wi-Fi and ergonomic workspaces designed for extended-stay travelers, business guests, relocating families, vacationers and youth sports visitors. Hotel amenities include complimentary hot breakfast, a 24-hour fitness center, outdoor pool, pet-friendly suites, free parking and Marriott Bonvoy digital check-in.
The TownePlace Suites by Marriott Palmdale was one of Peachtree Group’s early EB-5 developments and previously received I-956F approval from U.S. Citizenship and Immigration Services (USCIS), supporting the project as a job-creating investment within the community.
“Palmdale shows what becomes possible when development expertise, hospitality operations and flexible capital solutions such as EB-5 investments come together,” said Greg Friedman, managing principal and CEO, Peachtree Group. “The project demonstrates how we can align those capabilities around investments designed to create value while supporting job creation and local economic activity.”
The EB-5 visa program allows foreign investors to obtain a green card in exchange for making a significant investment in a new commercial enterprise that creates jobs in the U.S. Under the program, foreign nationals who invest a minimum of $800,000 in a U.S.-based project that creates or preserves at least 10 full-time jobs for U.S. workers are eligible to apply for permanent residency.
“Palmdale was one of the early projects that helped establish our EB-5 platform and demonstrates how the strategy has evolved,” said Adam Greene, EVP of EB-5 at Peachtree Group. “The successful opening reinforces the role EB-5 can play in supporting hospitality development, creating jobs and expanding investment opportunities across growing markets.”
The TownePlace Suites by Marriott Palmdale was one of Peachtree’s early EB-5 developments and highlights the firm’s ability to combine alternative capital solutions with hospitality development expertise to advance projects nationwide.
Peachtree Group’s hospitality management division operates premium-branded hotels across the upper-midscale and upscale segments, including limited-service, select-service and compact full-service properties. The division manages 111 hotels across 30 brands nationwide.
