Hunter Advisors is pleased to present the Savannah Land Site, a rare 0.319-acre development parcel located on one of the last developable lots along Savannah’s historic Bay Street, offering an irreplaceable opportunity to deliver a hospitality asset within one of the most sought-after lodging corridors in the Southeast. Positioned just 0.2 miles from River Street and within immediate proximity to Forsyth Park and Savannah College of Art and Design (“SCAD”), the Property sits at the center of Savannah’s Historic District, the largest Historic District in the United States and one of the nation’s most visited urban leisure destinations. New hotel development opportunities within the urban core are increasingly limited due to historic preservation restrictions, zoning constraints, and the scarcity of available land, making sites of this scale and positioning virtually impossible to replicate.
Savannah continues to demonstrate exceptional tourism fundamentals, welcoming approximately 12.9 million annual visitors, including 7.2 million overnight travelers generating more than $4 billion in visitor spending annually. Supported by strong accessibility through Savannah/Hilton Head International Airport, national accolades including Travel + Leisure’s 2025 “Best Cities in the U.S.” ranking, and the continued outperformance of boutique and lifestyle hotels as travelers increasingly prioritize experience-driven accommodations over standardized branded offerings, the market provides an ideal backdrop for new boutique hotel development. With Savannah’s Historic District remaining one of the most supply-constrained hospitality markets in the country, the Savannah Land Site presents a compelling opportunity to develop a highly differentiated asset in one of the Southeast’s strongest and most desirable tourism markets.
