Startup real estate developer Revolution Precrafted has signed a deal with Spain-based property management and architectural firm BC Estudio to enter Spain’s hotel market, according to a report from the Business Mirror.
Revolution Precrafted and BC Estudio will develop hotels and residences on the Ebro Delta in Spain, the Revolution’s 13th international market. The properties—50 hotel villas on a lakefront site—are part of the first phase of a 260-room project spanning four plots on the Ebro Delta in Tarragona, Catalonia.
The companies will also build approximately 40 one-bedroom villas along with 10 two-bedroom villas on the lakefront during the first phase of construction. The villas will share the plot with a main clubhouse. The entire development will be complete within several months. However, the construction of the villas is slated to being in early 2019. Both Revolution Precrafted and BC Estudio expect to complete the plans for the entire project by the third or fourth quarters of 2018 and to begin the construction on the development in early 2019.
“We’ve always wanted to expand to Europe, but we wanted a unique and high-impact project that would showcase our expertise and product portfolio. At the same time, we wanted a project that would shine a light on Europe’s ecotourism potential. We are very happy to partner with BC Estudio in spearheading a development that would further strengthen Spain’s tourism,” Jose Roberto R, Antonio, Revolution Precrafted, told the Business Mirror.
BC Estudio has planned to partner with local firm Actua B Arquitectura to develop the project. “We are very excited about this partnership with Revolution Precrafted. We have always wanted to create elegant, design-driven homes and villas that would cater to the thousands of tourists who visit the Ebro Delta all year-round,” Gabriel Barbra, a partner at BC Estudio, told the Business Mirror.
Revolution Precrafted has a pipeline of hotel projects in the Philippines, Myanmar, Indonesia, the UAE, Japan, Ecuador, Puerto Rico, Trinidad, Guyana, Jamaica, Bahamas and Bahrain.