Though Conditions Have Improved, US Hotel Development Pace Remains Stalled
Peachtree Senior Vice President Michael Ritz was quoted in an article for Hotel News Now about the path forward for new hotel development in the United States. Ritz gave the developer's perspective on today's market talking about Peachtree's development pipeline and the challenges to getting deals done. Click here to read the full story.
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Gramercy Park Media and Gala Media Capital: Thriller From Zak Hilditch
Daisy Ridley has found her next project – a survival thriller from Zak Hilditch, director of Stephen King adaptation 1922. Ridley, who plays Rey in the Star Wars sequel trilogy and is returning to franchise in the next film, will star in We Bury the Dead. Read more from Georgia Entertainment.
BlueStar Studios, a $180 Million Film and TV Production Center, to Open in Atlanta
Atlanta will continue to grow as a major production hub with the addition of BlueStar Studios, a 53-acre campus now under construction in nearby Forest Park, Ga., that will start operations in the summer of 2023.
The project represents a total investment of $180 million. Development will continue in phases through 2024. Atlanta-based Gala Media Capital, a division of private equity firm Peachtree Group, originated the financing for construction of phase one of the studio development.
Read more in Variety.