Hospitality – IRG | Industrial Realty Group, LLC https://www.industrialrealtygroup.com Thu, 02 Jun 2022 19:00:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://www.industrialrealtygroup.com/wp-content/uploads/2020/05/favicon.png Hospitality – IRG | Industrial Realty Group, LLC https://www.industrialrealtygroup.com 32 32 Hall of Fame Village https://www.industrialrealtygroup.com/portfolio/hall-of-fame-village/ Sun, 12 Jul 2015 06:32:44 +0000 http://demo.vegatheme.com/archilight/?post_type=portfolio&p=50

Hall of Fame Village

Canton, Ohio

Once completed, the Hall of Fame Village will be a multi-use center, featuring a world-class hotel and conference center, an Academy of Excellence (corporate team building center), a Center of Athletic Performance & Safety, youth football fields, retail space, thematic restaurants, and residences for Hall of Famers and NFL Legends.

Investors believe these efforts will catapult the center, built in 1963, into a theme park destination for NFL fans and players alike. The multi-phased project will include fan engagement opportunities offering interactive games and rides developed by industry leader, Thinkwell. The venture could be the largest tourism investment in Ohio’s history.

www.hofvillage.com
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Promenade at Downey https://www.industrialrealtygroup.com/portfolio/promenade-at-downey/ Sat, 11 Jul 2015 06:46:30 +0000 http://demo.vegatheme.com/archilight/?post_type=portfolio&p=52

Promenade at Downey

Downey, CA

In 1961, NASA began manufacturing components for the Saturn and Apollo spacecraft missions on a 1.5 million sq. ft., 80-acre aviation campus in Downey, CA. After its closure, IRG purchased and led redevelopment and remediation at the site, converting it into one of the largest movie production facilities in California (2003 – 2012), and producing blockbusters such as Iron Man, Indiana Jones and Spiderman. Overtime, with advances in technology, this large studio space was no longer in demand.

In order to reposition the site again, IRG would need to oversee extensive environmental cleanup efforts. Demolition of Downey Studios began in January 2012 and a new, Class A, mixed-use retail, restaurant, entertainment and office space was developed. In 2016, the project was completed at The Promenade at Downey, revealing a 450,000 square feet of entertainment and shopping destination featuring a pedestrian-oriented design, outdoor seating, Wi-Fi, fireplaces, and playgrounds, with access to a wide array of shops and restaurants, a state-of-the-art movie theater, and a health club. As developer and adaptive reuse expert, IRG also renovated the 1940’s office buildings on the property designed by Gordon Kaufmann and executed millions of dollars in extensive remediation.

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The East End & Goodyear Headquarters https://www.industrialrealtygroup.com/portfolio/the-east-end-and-goodyear-hq/ Fri, 10 Jul 2015 06:47:24 +0000 http://demo.vegatheme.com/archilight/?post_type=portfolio&p=54

The East End & Goodyear HQ

Akron, Ohio

Goodyear Tire and Rubber Company is one of the largest tire makers in the world, with their World Headquarters located in Akron, Ohio. The campus included 5 million square feet and more than 400 acres of property. As the company contracted, Goodyear found their space to be inefficient and considered leaving Akron. IRG created a comprehensive strategy to keep Goodyear in the city. As the project’s master developer, their plan involved consolidating Goodyear’s operations and building a new, 642,000 square foot World Headquarters building; purchasing the remaining campus area; controlling the headquarter and campus construction/renovation (while considering preservation efforts); and repositioning the remainder of the site.

IRG’s expert team created a new vision for the company and the iconic area, re-branding it The East End. The East End became a live, work, play environment with loft-style apartments, office space, retail stores, restaurants, theater, gymnasium and a Hilton Garden Inn hotel (the first new hotel inside Akron city limits since 1980). Not only did these efforts benefit Goodyear, the City of Akron retained thousands of jobs that would have been lost and now enjoys the significant economic investments made by IRG including an improved street-scape along one of the city’s main corridors.

The East End has become an economic and social center for the city. The project’s award-winning, loft-style apartments remain extremely popular with a 97% occupancy rate. In 2018, Akron-based health insurance company, SummaHealth moved to the site, retaining 300 jobs in the city. Also in 2018, B&W announced it would move the company’s world headquarters and 700 employees to the site. A new retail strip center was created to align with the architectural integrity of the property and is now home to bustling Starbucks and Handel’s Ice Cream stores. The East End has gained national media attention from The Wall Street Journal and Forbes Magazine and received dozens of industry accolades for its highly-unique, adaptive re-use approach.

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McClellan Park https://www.industrialrealtygroup.com/portfolio/mcclellan-park/ Wed, 08 Jul 2015 06:52:51 +0000 http://demo.vegatheme.com/archilight/?post_type=portfolio&p=58

McClellan Park

Sacramento, CA

The McClellan Air Force base once supplied major logistical, repair and maintenance support on the West Coast for World War II, The Korean War, The Vietnam War and Operation Desert Shield/Storm. After being bid out by Hill Air Force Base in Ogden, Utah to perform aircraft overhauls, the base officially closed in 2001. In 2000, IRG purchase the California facility, which included 8.5 million square feet and 3,000 acres of land.

IRG invested more than $200 Million into revitalizing the site and aligning it as McClellan Park. The real estate team leased up many of the property’s vacancies. The more than 240 companies which moved to the park in Sacramento brought employment for 14,000 individuals. The property now features 155 industrial buildings and 35 warehouses. Of those buildings, IRG operates industrial/office space, air museum, chapel, dormitories, hotel, conference center, recreational facilities and an airport. IRG continues to indirectly aid the base by managing $1.2 Billion in environmental remediation work. After millions of dollars in renovation and environmental remediation, McClellan Park is now widely considered the national gold-standard for large military base reuse.

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