TPEG provides second round of funding for development of Downtown Fort Worth's first limited-service hotel
TPEG partnered with Sava Holdings, Ltd. to develop Downtown Fort Worth's first limited-service hotel. The 180-room Aloft Hotel will be a Starwood property located in the City Place One Tower, with guest rooms on floors eight through 13. TPEG provided $2.25 million of capital in August for the initial phase of the hotel's development. This second round provided an additional $2.15 million.