Rebuilding RISE Doro

[Ken_FSU]

Remember, the residents. JW doesn't have a residential component. Four Seasons (and Ritz) often does, and there are for sale options in the one in Jax.

I think JW is starting to lean a little more into hotel + residential lately, Steve?

A couple in progress for Florida right now:

This was the proposed Orlando project that is currently stalled: https://www.oftmw.com/post/jw-marriott-hotel-residences-mixed-use-project-to-rise-near-lake-eola-in-downtown-orlando

Clearwater JW has condos as well: https://www.oftmw.com/post/jw-marriott-hotel-residences-mixed-use-project-to-rise-near-lake-eola-in-downtown-orlando

The proposed Hard Rock also includes residential units.

[Steve]

Fair point - didn't realize that JW is getting into the residential game. You can tell by my answer the kind of hotels my work travel takes me too since I'm disconnected from that market a bit!

Though Shad Khan doesn't already own one of those!

[CityLife]

Good point Steve on the condo aspect of Four Seasons. That likely makes it even more viable of a project.

I suspect that in addition to owning some units for himself and family, Khan will use some of the condo units for rentals for coaches and higher paid players. Also imagine he might be using hotel rooms for rookies, practice players, and players that are on the bubble of making/staying on the roster.

If you are a head coach or team owner, you want your players and coaches as close to the training facilities and offices as possible, and the Four Seasons is a great way to keep them closer. It's a great play by Khan, imo.

[jaxlongtimer]

Four Seasons only needs Shad Khan.  He and his business, friends and family cronies will ensure it is well used. He doesn't need the greater area to support it all that much.  NFL owners and execs, national media, players, coaches, team sponsors, AEW, business partners, prospecting vendors, etc. will pay to stay there.  It's like the Trump hotel model where anyone who wants an in with the Trump administration finds themselves patronizing his hotel.

Doro and other investors not connected with Khan have a lot more risk.  It's why I suspect if Doro flounders, it will take Khan to rescue it if he chooses.