TMGOC developing Savannah’s first Ritz-Carlton

SAVANNAH, Georgia — Boca Raton, Florida and Charleston, South Carolina-based TMGOC Ventures has broken ground on the 168-key The Ritz-Carlton Hotel Savannah Downtown, which will be the brand’s first hotel in the city.

The hotel will be an adaptive reuse of the historic “Savannah Skyscraper” building and is scheduled to open in the first quarter of 2028. It will be owned by TMGOC and operated by Marriott International.

“Bringing the first Ritz-Carlton to Savannah is a transformative moment for the city’s skyline and a defining milestone for TMGOC Ventures,” said Sunju Patel, cofounder/managing partner, TMGOC. “We are proud to serve as the bridge between Savannah’s historic legacy and its future as a global luxury destination.”

The Ritz-Carlton Hotel Savannah Downtown will have a restaurant, a lobby lounge, a rooftop bar and pool, a 5,000 sq. ft. spa and wellness center and more than 5,000 sq. ft. of meeting space.

The hotel was originally slated to have 20 branded residences, but that plan was scrapped in 2024 and the overall hotel room count was increased by 55.

“We are thrilled to reach this important milestone for The Ritz-Carlton Savannah, Downtown,” said Jake Pinsof, vice president of development for Marriott International. “This project represents a meaningful addition to our portfolio, and we look forward to working with TMGOC to introduce The Ritz-Carlton’s legendary service to one of the South’s most storied destinations, delivering an experience that celebrates Savannah’s rich history while upholding the renowned standards of The Ritz-Carlton brand.”

TMGOC currently has 22 hotels listed on its website, including the upcoming property in Savannah. It acquired the 162-key Home2 Suites Fort Worth Cultural District in Fort Worth, Texas, in December as part of a joint venture with Ad Astra Capital.