Woodbine Development's Success Story

Woodbine Development Corp managing director Dupree Scovell cut his teeth at Trammell Crow, where he helped launch the Dallas retail development platform, then went on to earn two masters degrees from Stanford before moving to LA. It all led him to his role today at a company his father, John Scovell, founded in 1972 in partnership with Ray Hunt. It was during his time in LA that Dupree led Woodbine's hospitality acquisition and investment efforts. Woodbine has a 40-year track record of successful hospitality investment ($1.4B in projects and ownership or managment of more than 6,000 hotel room s). The company concentrates on four areas: big box development (the DNA of the company, he says), with projects ready to go in Tysons Corner and coastal California; select service development with Marriott, Hyatt, and Hilton projects on the table; the acquisitions platform, reflagging, and rebranding properties in Western markets; and fee development, in which they do about $100M (asset value) annually in third-party projects for select clients. He was also one of our distinguished speakers this morning at the Dallas Hotel Investment Summit. For more info on our client, click here.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

£1B Property Group To Buy Huge Chunk Of Collapsed NCP Car Park Empire

1,300 Projects Potentially Paused Due To Suspension Of Quality Inspectors

Republican Midterm Convention Could Fill More Than 5,000 Hotel Rooms In Dallas

Walker & Dunlop On Why The Housing Market Is More Balanced Than It Appears

Y'all Street Powers Trophy Office Momentum In Uptown Dallas

California Duo's Ponzi-Like Investment Scheme Unravels With Bankruptcy, SEC Charges

Prominent Philly Caterer Sues Town Officials Over Vineyard Plans In Bucks County

Houston Firm Hires Former Floor & Decor Exec As President Of New Offering

Deutsche Finance Alleges BVK Is Responsible For CRE Portfolio Losing $1B In New Lawsuit

'This Is A Big Change For Me': Leslie Cohen Launching New Company After Leaving Davis Cos.

Selerix Insurance Services To Nearly Double Its HQ Size With Plano Lease: The DFW Deal Sheet

4 Asset Classes Post $4.6B In New Distress