The second building at 111 Ann St. files to become a hotel

Tidal Real Estate Partners has filed permits to convert the 232-unit Ann Street Lofts into a hotel, following its sister building at 110 Ann St., which reopened as Ann Savannah by Marriott Bonvoy last year.

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Daylight exterior of The Ann Savannah with the hotel name above the central passage between its brick wings.
Project imageThe Ann Savannah's completed hotel entrance on Ann Street.Tidal Real Estate Partners
Street-facing exterior of The Ann Savannah, showing the two brick wings and the glazed connector across Ann Street.
Project contextThe Ann Savannah's completed Ann Street exterior and central glazed connector.Tidal Real Estate Partners
Nighttime aerial view into the landscaped central courtyard between The Ann Savannah's brick residential wings.
Project contextThe Ann Savannah's central courtyard and surrounding residential wings at night.Tidal Real Estate Partners
Daylight view across the landscaped courtyard and pool between the brick wings of 111 Ann Street.
Project context111 Ann Street's landscaped central courtyard and pool.LS3P
The Ann Savannah hotel lobby with reception desk, lounge seating and Marriott Bonvoy sign.
Project contextThe Ann Savannah hotel lobby after the Ann Street conversion.Tidal Real Estate Partners
Guest suite inside The Ann Savannah showing its mass-timber ceiling, kitchen and living area.
Project contextA guest suite inside The Ann Savannah, retaining the building's exposed mass timber.Tidal Real Estate Partners
Outdoor swimming pool and striped lounge chairs within The Ann Savannah's brick courtyard.
Project contextThe Ann Savannah's courtyard pool and surrounding brick building.Tidal Real Estate Partners
Glazed connector corridor at 111 Ann Street, with exposed mass-timber beams and brick wings visible through the windows.
Project contextThe mass-timber glazed connector inside 111 Ann Street.LS3P
Ann Street Lofts (110/111 Ann St.), the mass-timber building now converting to a hotel
Project contextAnn Street Lofts (110/111 Ann St.), the mass-timber building now converting to a hotelLS3P
110 & 111 Ann Street, Tidal Real Estate Partners' own project page
Project context110 & 111 Ann Street, Tidal Real Estate Partners' own project pageTidal Real Estate Partners

Ann Street Lofts opened in 2023 as the first mass-timber residential project in the Southeast, a 389-unit, two-building complex at 110 and 111 Ann St. designed by LS3P and built with cross-laminated timber panels shipped from Austria, aimed at SCAD students and young professionals.

Two years later, both buildings are leaving residential use. The 110 Ann St. building already converted and reopened in February 2025 as Ann Savannah by Marriott Bonvoy. Savannah Agenda reports building permit applications now filed by developer Tidal Real Estate Partners would convert the remaining building at 111 Ann St., 232 units, into a hotel with a restaurant, cafe and bars. Construction fencing already surrounds the site.

The unit count hasn't been announced for the hotel version. The building was refinanced with a $78.6 million bridge loan through Walker & Dunlop in 2024, arranged to pay off construction debt, before the conversion was announced.

Why it matters

Both buildings in Savannah's showcase mass-timber apartment project have now left the residential market for hotel rooms within three years of opening, in a downtown where short-term lodging demand is outbidding long-term housing.

JurisdictionCity of Savannah
Scale232 apartments converting; sister building already 389 units total
TimelineBuilt 2023; 110 Ann converted Feb. 2025; 111 Ann permits filed Aug. 2026
WhoTidal Real Estate Partners (developer); LS3P (architect)
Sources and documents5 sources

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Daylight exterior of The Ann Savannah with the hotel name above the central passage between its brick wings.
Street-facing exterior of The Ann Savannah, showing the two brick wings and the glazed connector across Ann Street.
by the Intermodal Transit Center

Same project111 Ann St. (Ann Street Lofts hotel conversion)

Milestone

Savannah's mayor questions a Margaritaville hotel downtown, but says the city cannot stop it

Mayor Van Johnson says he is not sure Margaritaville fits downtown, but acknowledges the city cannot block the conversion of the two-year-old Ann Street Lofts apartments at 111 Ann Street into a 230-room hotel.

by the Intermodal Transit Center Sep 7, 2026
Project: 111 Ann St. (Ann Street Lofts hotel conversion)