Savannah's first Ritz-Carlton hotel now underway

TMGOC secures $104.5 million loan for historic redevelopment in Johnson Square

An office complex on Johnson Square in the Savannah Historic District is being redeveloped into the Ritz-Carlton Savannah. (TMGOC Ventures)

By Christopher Goodwyn

CoStar Research

April 8, 2026 | 3:54 P.M.

A Florida developer bringing the first Ritz-Carlton hotel to Savannah, Georgia, has secured financing to officially kick off the project.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Already A Subscriber? Sign In