Highgate and Flynn Properties have acquired The Huntington Hotel. Located in San Francisco’s Nob Hill neighborhood, the property was originally constructed in 1924 as the first steel and brick high-rise west of the Mississippi.
Together, the companies intend to restore and elevate every aspect of the property. In addition to a comprehensive renovation of its public areas and guestrooms, the hotel’s Big 4 Restaurant will undergo upgrades and Nob Hill Spa will be renovated. The companies expect the renovations to be completed and the hotel to reopen in 2025
“Being a San Francisco native and current resident, I am deeply committed to this city,” said Greg Flynn, founder/CEO, Flynn Properties. “The opportunity to contribute to its renaissance through investment in one of its true treasures is a privilege, and I am committed to making sure that it is done to perfection. This is our second partnership with Highgate, and they bring an invaluable wealth of experience and expertise to the project.”
With the largest average room size and one of the highest suite mixes amongst all luxury hotels in San Francisco, according to the company, the property’s location atop Nob Hill offers views in all directions, as well as access to Union Square and the downtown business district.
San Francisco-based Flynn Properties has deep experience in redeveloping and owning luxury assets. Its holdings include the Carneros Resort & Spa and Solage, both located in California’s Napa Valley; Esperanza and Chileno Bay, both located in Los Cabos, Mexico; and the Hotel Madeline in Telluride, CO.
With a more than 30-year track record as a global investment manager, operating partner and developer, Highgate brings deep experience owning, operating and redeveloping hotels in San Francisco, including the recent comprehensive renovation and rebranding of the Hyatt Regency SoMa in San Francisco’s Arts District. The company has also recently completed the revitalization of several other historically significant luxury hotels in core urban markets, including New York City’s Knickerbocker Hotel and Park Lane Hotel, as well as the Newbury Boston.
“Highgate’s philosophy has always been to pursue opportunities where we have a distinct ability to add value,” said Arash Azarbarzin, CEO, Highgate. “Under our stewardship, The Huntington will reclaim its mantle as an indispensable component of the San Francisco community, through a revitalization project that will celebrate its heritage while making significant upgrades to meet the expectations of today’s guests.”
The Huntington Hotel is the latest addition to Highgate’s luxury and lifestyle division, which includes more than 7,500 keys with 2,100 keys under development.