Pestana hotel breaks ground in Newark, N.J.

Pestana Ironbound Hotel groundbreaking
Dionisio Pestana, chairman of Pestana Hotel Group, speaks at the groundbreaking ceremony for the Pestana Ironbound Hotel in Newark, N.J. Photo credit: Pestana Hotel Group
 

Seabra Group broke ground on the future 109-room Pestana Ironbound Hotel in Newark, N.J., this week. Slated to open in July 2021, the hotel will follow the 2020 debuts of two nearby Pestana properties in New York City.

“Following Miami and New York, we’re delighted to see our North American expansion plan on the East Coast moving forward with the construction of this new hotel in Newark in partnership with an excellent group with whom we share origin, culture and entrepreneurial vision,” Dionisio Pestana, chairman of Pestana Hotel Group, said during the groundbreaking ceremony.

Seabra Group is a Newark-based company that was originally dedicated to the food industry but has since expanded to include a Portuguese goods import company, a TV station and several real estate developments. Seabra is developing the property, while Pestana  plans to operate it.

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The groundbreaking comes as Pestana looks to open the 27-floor, 95-room Pestana Park Avenue in New York City in January 2020. To hotel will mark the group’s first location in New York City and its 100th property worldwide. Pestana plans open a second hotel in the city the following quarter.

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