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Randy Paragary Selects Brand for $29 Million Hotel Project in Midtown

Source: Sacramento Business Journal

Brokers: Ken Turton

A midtown Sacramento hotel from local restaurateur Randy Paragary will be one of the first Tapestry Collection by Hilton locations in California.

That’s the brand for the new hotel planned at 28th Street and Capitol Avenue, according to a news release from Paragary Restaurant Group. The $29 million project will be called Fort Sutter Hotel, according to the release.

In midtown, the hotel brand from Hilton Worldwide Holdings Inc. (NYSE: HLT) will have six stories and 105 rooms. The project is expected to be completed in early 2020. The project site includes two closed Paragary Restaurant ventures: a Cafe Bernardo location and a neighboring Monkey Bar. The hotel will include a new Cafe Bernardo and bar, according to the news release.

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