Stature Investments Announces Topping Off Ceremony for "the Digby" Boutique Hotel in Downtown Savannah
Friday, May 10th, 2024
Stature Investments and Ideal Hospitality Investments, two leading real estate development and investment firms in the Southeast, will celebrate a major milestone with the topping-off ceremony for the Digby, a highly anticipated six-story boutique hotel located at 200 W. Bryan St. The companies are co-owners of the project, with Stature handling development and construction and Ideal Hospitality managing the hotel and food and beverage operations.
The ceremony, scheduled for Tuesday, May 14 at 10 a.m., will mark the placement of the final steel beam atop the structure, poised to become a vibrant centerpiece of the city's historic core as it is located on the last remaining vacant lot on Ellis Square in historic downtown Savannah, Ga.
The Digby will be part of the exclusive Unbound Collection by Hyatt, offering guests a unique blend of Old European culture, Savannah's local Southern charm and modern hotel design. The boutique hotel extends beyond its luxurious accommodations of 36 guest rooms, offering a basement lounge, ground floor restaurant and a rooftop restaurant and bar. This mixed-use concept creates a dynamic destination within the hotel, attracting both guests and locals alike.
Inspired by the captivating story of the Digby family, whose name graces the original deed for the very plot the hotel occupies, J. Elder Studio, the hotel's design team, embarked on a collaborative journey with the Georgia Historical Society to delve deeper into records from the early 18th century. This meticulous research, combined with a touch of creative imagination, brought forth a compelling narrative: a seasoned traveler, his heart brimming with wanderlust, brings his collection of exquisite finds from around the world to his new Savannah home. This narrative forms the foundation for the Digby's unique aesthetic.
As part of the Unbound Collection by Hyatt, the Digby joins a portfolio of fewer than 45 independent, premium hotel properties, ranging from historic urban gems to contemporary trend-setters and boutique properties to resorts. Whether it is a fascinating past, an exclusive location, famous architecture and design, or an award-winning dining experience, each of the brand’s hotels has its own distinct narrative and creates novel, story-worthy experiences for guests. In markets from Barcelona to Budapest, guests can be inspired by hidden gems around the world. For a complete list of hotels in the collection, visit unboundcollection.hyatt.
The topping-off ceremony is steeped in tradition, dating back centuries to celebrate the successful completion of a building's structural framework. Representatives from Stature Investments, Pioneer Construction, Pantheon ADC, Coastal Civil Engineering, J. Elder Studio and Flourish Collaborative, as well as city officials, community leaders and other invited guests are expected to attend.
"We are thrilled to reach this pivotal moment in the construction of the Digby," said Yash Desai, Principal at Stature Investments. "This building represents a unique opportunity to revitalize a significant corner of Savannah's downtown landscape and contribute to the city's ongoing cultural and economic vibrancy."
Desai continued, “We believe this is the right property at the right time for Savannah. From the stylish spaces and luxurious accommodations hotel guests demand to the rooftop bar and this fantastic location right next to City Market in the heart of downtown, our expectations are sky-high.”
"The steel is up, and we're excited about the progress. It's moving along fairly quickly right now. We made some minor changes to enhance the project and give it what Savannah needs and what the leisure market is looking for in Savannah. We're going to bring Savannah into the building and the history behind the site so our guests get a sense of the origins and the name," said Mehul Patel, co-owner and Chief Operations Officer at Ideal Hospitality Investments.
With construction progressing on schedule, the Digby is slated to open its doors later this year.