Since 1958, the development and construction platform behind TPG DevCon has delivered hundreds of projects across the real estate spectrum. Our team has managed nearly $3 billion in new construction, renovations, build outs and conversions, including urban hotel towers, large-scale resorts, mixed-use facilities and specialty assets in key markets nationwide.
What we do
TPG DevCon is structured to support owners across the full life cycle of a project.
Ground-up and new build hotel development
We manage site planning, entitlement support, design coordination and construction for new hotels and mixed-use hospitality projects in major urban and resort markets. Our experience includes high rise towers, destination resorts and complex sites that require careful phasing and coordination.
Hotel renovations and repositioning
We oversee full-scope hotel renovation programs that upgrade building systems, guest rooms, public spaces, food and beverage outlets and amenities. Our team has led hotel renovation and rebranding projects recognized by global hotel brands for design quality, durability and guest experience.
Adaptive reuse and conversions
We help owners unlock value in underperforming properties by converting hotels and other buildings to higher and better uses. Our portfolio includes projects where aging hotels were converted to upscale apartments, condominiums and other residential uses, as well as industrial structures repurposed as boutique hotels in established urban locations.
Other real estate sectors
In addition to hospitality, TPG DevCon has experience across office, retail and other commercial property types. This breadth allows us to support mixed-use developments that combine hotel, residential and commercial components in a single project.
Across all assignments, we focus on schedule, cost control and constructability from the earliest planning stages through final delivery. Our goal is to provide a reliable, turn-key development and construction resource for owners who need an experienced team to manage complex projects.
Backed by Procaccianti Companies
TPG DevCon is a core development and construction discipline of Procaccianti Companies, a privately held real estate investment and services firm established in 1958. Procaccianti Companies has completed thousands of real estate transactions across more than 300 cities in 41 states, representing tens of billions of dollars in diversified investments.
As part of this integrated platform, TPG DevCon benefits from:
Direct access to capital markets, ownership and asset management perspectives
A nationwide network of operating companies focused on hospitality and other property types
Experience across the full risk spectrum from core and core-plus to value-add, opportunistic and distressed situations
This structure allows TPG DevCon to evaluate each project through both an investor and builder lens. We help owners identify the best strategy for a property and then execute the development or construction program required to deliver that vision.
Put our experience to work for you
Whether you are planning a new hotel, repositioning an existing asset, or considering the conversion of a hotel or other building to a different use, TPG DevCon can provide the development and construction leadership you need.
Contact us to discuss your next project.