For the first time in over 15 years, a new world-class hotel is being built on the San Francisco Waterfront. The AC Hotel by Marriott is part of a unique mixed-use development featuring the famous Teatro ZinZanni, an innovative entertainment production company that combines music, dance, improv comedy, and cirque to create a one-of-a-kind experience. Unlike many hotels previously built in San Francisco, this project presents a rare opportunity for investors. We at Golden Gate Global are thrilled to announce that capital raising efforts are officially underway for our first Golden Ventures Capital real estate equity fund now that the market has rebounded thanks to vaccination and reopening efforts.
Working in conjunction with the City and Port of San Francisco, pre-development work will continue through the end of this year, with vertical construction slated to begin in early 2022 and the grand opening scheduled for December 2023. This is an exciting time for San Francisco. With the United States economic recovery surpassing expectations, we believe that the San Francisco hotel market will recover in a similar fashion as it did post-2008 recession.
An opportunity such as this does not present itself frequently. San Francisco is unlikely to approve another mixed-use waterfront hotel development for many years, making this an exceptional time to be a part of such a remarkable project.
If you are interested in learning more about this unique opportunity, please reach out to [email protected] or [email protected]. We look forward to hearing from you soon.
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