FRISCO – JMJ Hospitality has purchased 4.5 acres in the $1 billion Gate development on the Dallas North Tollway for a hotel and residential tower.
The tower will include a 231-room luxury hotel, 90 residences, a restaurant, and retail space.
JMJ bought the land from Dubai-based Invest Group Overseas, which owns the Gate development.
Opening is set for 2024.
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