$80M Hilton Dallas/Plano Granite Park Hotel Opens in Texas

By Barbra Murray, Contributing Editor

Granite Properties’ master-planned Granite Park community now has its own full-service hotel with the debut of the Hilton Dallas/Plano Granite Park. The $80 million Hilton Hotels & Resorts property brings 299 guest rooms to the 90-acre mixed-use locale in Plano.

A hotel has always been part of the plan for Granite Park, which also calls for 2.5 million-square-feet of Class A office space as well as coveted retail offerings. Granite decided in 2012 that the flag of Hilton Worldwide’s flagship brand would fly at the property.

Designed by the firm of BOKA-Powell, the property provides a 30,000-square-foot conference center, linked to the hotel via a waterfront boardwalk that also connects the tower to Granite Park’s office buildings. Among other distinctive amenities of the 262,500-square-foot property are the corporate living room environment, a 12-screen media bar and multi-purpose technology lounge.

“This is truly an upscale hotel offering a best-in-class guest experience with amenities and service not previously available in the North Dallas market,” Timothy Benolken, a senior vice president of hotel operations with Hilton Worldwide, commented in a prepared statement.

Judging by market data, Granite Properties and Hilton picked the right time for the opening. Comparing the first half of 2013 to the first half of 2014, the Plano hotel market is clearly on the upswing. The occupancy rate increased 3.3 points and RevPAR jumped $5.94 to $63.02, according to statistics from Source Strategies Inc.