Hotel brand and management company Dream Hotel Group is planning to open new Dream Hotel and Unscripted Hotel locations in Oklahoma City in 2024. Designed by Miami-based Cube3 Architects and built by general contractor Hensel Phelps, the hotels will be the centerpiece of a large mixed-use development project with Matteson Capital.
The 14-story Dream Hotel will have 220 guestrooms and suites, five dining and nightlife venues (including a rooftop pool deck), health and wellness facilities, and 11,000 square feet of flexible meeting and event space. Next door, the 14-story Unscripted hotel will have 174 guestrooms and two food-and-beverage options, including a lower-level rooftop bar.
When complete, the $275-million development will add two new lifestyle hotels, 394 guestrooms and suites, seven restaurants and bars, and 150 private residences to Oklahoma City’s growing downtown district. The development is close to Chickasaw Ballpark, Oklahoma Sports Hall of Fame, PayCom Arena, and the historic Bricktown Canal.
“We found a great partner in Scot Matteson,” said Dream Hotel Group CEO Jay Stein. “Oklahoma City is an incredible destination to launch our brands and we’re fortunate to collaborate with visionary developers like the team at Matteson Capital who share our ambitions to grow and develop our brands in Oklahoma City and other established and emerging markets across the country.”
“We are very excited to announce this strategic partnership with Dream Hotel Group,” said Matteson, CEO of Matteson Capital. “Dream and Unscripted are the centerpiece of this landmark development and the ideal catalyst to help transform Oklahoma City and infuse new energy into an already exciting area of Bricktown.”
Matteson Capital’s local partners are Brad Hogan and Randy Hogan, whose firm was the original developer of Oklahoma City’s Lower Bricktown District.
“Oklahoma City had been on our radar for quite some time,” said Christian Glauser Benz, VP of development for Dream Hotel Group said. “Following the success of Dream Nashville, we recognized other midsize cities in the Midwest that were ripe for this type of product. Matteson Capital‘s vision for Oklahoma City embodies the potential that this market represents, and we are honored to partner with them.”
Dream Hotel Group has 16 hotels in its portfolio and another 20 locations in various stages of development.
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