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06 April 2016

Hapeville Sees Economic Boost with Planned $52 Million Hotel Overlooking Porsche HQ

Swiss real estate investment company ACRON broke ground today on a new 214-room hotel overlooking the Porsche North American headquarters in Hapeville, Georgia.

Located on the site of the former Ford Motors factory, which operated from 1947 to 2006, the Solis Hotel Two Porsche Drive will be the first new hotel on the east side of Hartsfield International Airport since the new international terminal opened.

ACRON is investing an estimated $52 million in the four-star hotel’s development. The investment was structured by a Swiss stock corporation, ACRON 2 Porsche Drive AG. Bruce Bradley’s Castleton Holdings and Scott Condra’s Condra Group will oversee the development of the hotel, which will be managed by Capella Hotel Group. Bank of Ozarks provided financing.

Scheduled to open in late summer 2017, Solis Hotel Two Porsche Drive will offer the following:

  • 214 guest rooms, including a 1,400-square-foot presidential suite;
  • 6,500 square feet of event space, including a 3,600-square-foot ballroom;
  • Rooftop terrace overlooking the 27.7-acre Porsche Experience Center;
  • Restaurant;
  • Bar;
  • CafĂ© selling coffee and house-baked breads and pastries;
  • Pool and fitness center; and
  • Specialty retail shop.
“The City and the Hapeville Development Authority have worked diligently with Castleton Holding, LLC; Condra Group LLC; and ACRON, and we are proud to be a part of this first-rate project team,” said City of Hapeville Mayor Alan Hallman. “As we embark on 2016, Hapeville’s Commemorative 125th year, the timing of this groundbreaking marks a significant milestone for Hapeville, symbolizing many new possibilities on the horizon.”

Solis Hotel Two Porsche Drive will have a direct impact on Hapeville, strengthening the tax base, supporting the revitalization of the City, and bringing new and skilled jobs for the citizens of the City, the burgeoning Aerotropolis district, and south metro Atlanta. The hotel will be a catalyst for additional investment in Hapeville, making the area more attractive to international corporations and other organizations that can benefit from proximity to the world’s busiest airport.