SOUTH BEND, Indiana — Indiana-based Great Lakes Capital, in partnership with NFM (Nebraska Furniture Mart) and the City of Cedar Park, Texas, recently celebrated the groundbreaking for a new, full-service Marriott hotel and convention center in the heart of CedarView, a mixed-use new development in Cedar Park, Texas. This milestone marks a transformative step in establishing Cedar Park as a vibrant regional hub for economic growth and tourism.
The project will feature a state-of-the-art hotel with approximately 297 guest rooms, a 30,000-square-foot event and meeting space, a full-service restaurant, a breakfast café and an expansive pool area. With luxury amenities and thoughtfully designed spaces, the hotel is set to become a key destination for business and leisure travelers alike.
The event featured several speakers, including Ryan Rans, managing partner at Great Lakes Capital, and Cedar Park Mayor Jim Penniman-Morin. Each spoke about the excitement they have for the project and the shared sentiment of how the site will enhance the development of CedarView.
“The development of this hotel and convention center in CedarView underscores our commitment to creating vibrant, connected communities that elevate the standard of hospitality,” Rans said. “We focus on high-growth, underappreciated markets. This is exactly where we want to be operating, where we have great community partners, strong fundamentals and leadership with a long-term view.”
Penniman-Morin added, “This isn’t just about new development. It’s about delivering on a promise to our community. We’re putting Cedar Park on the map as a premier destination for meetings, events, and hospitality.”
Great Lakes Capital is a real estate development and private equity firm that’s headquartered in Indiana and has over $1 billion in assets under management and in development. Construction of the hotel and convention center is anticipated to be complete in the first quarter of 2027.
For more information, visit greatlakescapital.com.
