Park Street Development Group is finalizing due diligence on their newest acquisition; a 200-acre property, set in the Tuscan region of Italy, at the base of the town of Cortona.
Park Street has finalized deal with
The new hotel, planned to finalize construction this year, will be named Tuscany National Golf Resort and Spa.
The resort was originally started by former Fiat Automobiles S.p.A. CEO Cesar Romiti, who sadly passed away in 2020. Mr. Romiti’s son, former CEO of RCS Mediagroup S.p.A., Maurizio Romiti will stay involved in the project, as Park Street finalizes the remaining resort construction, and finishes the final 9-holes of the 18 designed by Gary Player Design, with plans to host guests in time for the upcoming 2023 Ryder Cup in Rome, Italy.