The Hotel Eleo at the University of Florida
Gainesville, FL
Client:
The University of Florida
UF Health Shands Hospital
Gainesville, FL
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Scope of Work
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Senior management of R.M. Woodworth & Associates (initially during their tenure with CBRE) worked with the University of Florida and UF Health Shands Hospital in the design and development of a new hotel adjacent to the Hospital complex. In addition to providing advisory services to senior leadership, our team completed a market study for the project. The team was engaged to provide advisory services during construction and pre-opening, as well as asset management after opening. In addition to oversight of the development, our team conducted a formal RFQ and RFP process to identify and select a management company, after which we negotiated the management agreement between the Hospital and the operator. Senior management of R.M. Woodworth & Associates continues to oversee the management company in the ongoing operation of the hotel. The $48 million project opened in July 2020.
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Timing
January 2019 to present.