Great Lakes Capital and NFM Celebrate Groundbreaking of a New Marriott Hotel in Cedar Park, Texas

Groundbreaking Ceremony for New Full-Service Marriott Hotel in Cedar Park, Texas



On May 13, 2025, a groundbreaking ceremony was held for a new full-service Marriott hotel in Cedar Park, Texas, a project led by Great Lakes Capital (GLC) in collaboration with Nebraska Furniture Mart (NFM) and the City of Cedar Park. This event signals a significant step forward in realizing Cedar Park's vision as a thriving hub for both economic growth and tourism.

Groundbreaking Ceremony

The ceremony was attended by key figures including Ryan Rans from GLC, Cedar Park Mayor Jim Penniman-Morin, and Jeff Lind of NFM, each sharing their enthusiasm for the transformative potential of this hotel. Designed to fit seamlessly into the CedarView development, the hotel will feature approximately 297 rooms, spanning 30,000 square feet of event and meeting space, along with various dining options including a full-service restaurant and a breakfast café. Additionally, it will offer a large pool area, all aimed at enhancing the guest experience.

Ryan Rans remarked, "This hotel exemplifies our dedication to cultivating lively, interconnected communities that redefine hospitality standards. Our strategy focuses on growing in markets that are ripe for development. Cedar Park is a prime example, with robust community support, solid market fundamentals, and a leadership team committed to long-term growth."

Mayor Jim Penniman-Morin echoed these sentiments, stating, "This initiative is not just about development; it's a commitment to our community's future. We are putting Cedar Park on the map as a premier spot for conferences and hospitality."

The positive feedback from the community further highlights the project’s acceptance; Brenda Eivens, Cedar Park’s City Manager, expressed excitement about achieving a long-desired goal—establishing a full-service hotel and convention facility that will not only cater to the community but also draw in visitors from near and far.

She stated, "Our collaboration with Great Lakes Capital and Nebraska Furniture Mart has been crucial in bringing this Marriott project to fruition, solidifying the CedarView area as a vibrant destination for economic activity and tourism."

The construction of the hotel and convention center is expected to be completed by the first quarter of 2027. The new facility will serve as a focal point for events, conferences, and leisure activities, providing an unparalleled setting for various gatherings.

About Great Lakes Capital


Great Lakes Capital is an esteemed real estate development and private equity firm based in Indiana, renowned for its ability to enhance real estate investments through diverse development opportunities. With a portfolio exceeding $1 billion in assets, GLC focuses on multiple core asset classes, including hospitality, mixed-use, and industrial properties. The firm’s commitment as a leader in new development exemplifies its drive to meet market demands while catering to the needs of its tenants and partners.

For those interested in the CedarView development or looking for retail leasing inquiries, Jennifer Petrovich from NFM can be reached at their official email. For further details about GLC's operations, visit Great Lakes Capital.

About Nebraska Furniture Mart


Founded in 1937 by Rose Blumkin, Nebraska Furniture Mart has grown into one of the largest home furnishing retailers in the U.S., offering a wide array of products including furniture, flooring, appliances, and electronics. Now part of the Berkshire Hathaway family of companies, NFM continues to expand, with a new store location under construction in Cedar Park, Texas.

This new Marriott project is more than just a property; it represents the commitment of local leaders and companies to create a thriving environment that meets the demands of modern travelers and local residents alike. As Cedar Park continues to develop, the future looks bright with this new addition.

Topics Travel)

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