Peachtree Group ("Peachtree") marked a major milestone in the construction of the 10-story, 171-room Residence Inn by Marriott in downtown San Antonio with a topping out ceremony, celebrating the completion of the building’s structural phase. Scheduled to open in the summer 2026, Residence Inn is being co-developed with Austin-based Merritt Development Group. The upscale extended-stay hotel will be owned by Peachtree and managed by its hospitality management division. "Reaching the topping out stage is a meaningful moment for any development," said Greg Friedman, managing principal and CEO of Peachtree. "This Residence Inn reflects our commitment to delivering high-quality, purpose-built hotels in markets where we see strong, long-term demand. San Antonio’s blend of tourism, education and business activity makes it an ideal location for extended-stay lodging." Designed to meet the evolving needs of today’s travelers, the Residence Inn will feature spacious studio suites with fully equ...
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