VOCO

A UNIQUE EB5 INVESTMENT OPPORTUNITY

VOCO HOTEL TIMES SQUARE

A NEW BUILD HIGH RISE UPSCALE IHG HOTEL

Opening October 1, 2025

AC 711 Hotel Partners, TSQ Development and 711 Atlas Development are pleased to announce the October 1, 2025 opening of their new 423 guest room upscale hotel in Times Square, New York. Located at 711 7th Avenue and West 48th Street in Manhattan, the “bullseye” for most hotel brands, this site is likely the last to be developed in Times Square, due to a 2021 zoning change.

In addition to the 423 guest rooms, the hotel includes through three Food & Beverage venues comprising 7,500 sf. Featured is an indoor/outdoor rooftop bar overlooking Times Square, accessed by a dedicated high speed elevator. There will be no other bar in the area with a direct view of Times Square itself. Carnegie Diner, an iconic New York brand, has been signed on as Tenant for the three venue. The combined Food & Beverage gross revenues are expected to exceed $10,000,000 in the first year of operation. Here is their link:

The Sponsor secured a 99-year ground lease early in 2021, including the unusual option to buy the ground in 20 years.
Plans were filed in April 2021 and the foundation permit approved, thereby vesting our right to build the hotel ahead of the 2021 New York City zoning change which makes approval of future hotels nearly impossible.

The VOCO Hotel TimesSquare

Project Highlights

Located at 711 Seventh Ave And 48th Street overlooking Times Square. Times Square is visited by approximately 50 million visitors per year and 460,000 pedestrians per day and is also called the “Crossroads of the World”

Confirmed TEA location.

Fully approved by USCIS

This is likely to be the last hotel built in Times Square due to new zoning regulations.

Project is 73% complete as of February 1, 2025.

Opening October 1, 2025

Property Highlights

The VOCO Times Square will have the look and feel of a boutique hotel. It will represent Times Square in its early heyday.

The project is backed by IHG’s reservation system and loyalty program, with over 6,000 hotels in its portfolio

The VOCO Brand is growing by 10-15% per year, attesting to its popularity.

Average Occupancy of all major hotels (Hilton/Marriott/IHG/Hyatt) around this area is usually 90-96% which is amongst the highest in the world

MENA Representative: Mr. Sam Bayat, ESQ.

H.Q. DUBAI OFFICE

23rd Floor, Al Moosa Tower II, Trade Centre area, Sheikh Zayed Rd, Dubai.

TÜRKIYE OFFICE

10 floor, Block A, 48, BJK Plaza, Vişnezade, Süleyman Seba street, 34357 Beşiktaş/ Istanbul.