While converting the original JP Morgan office building to a high-end hotel, the developer experienced budget overages approaching $100M.
Paragon was called in to deal with the issues, mitigate further losses and finish as quickly as possible – which it achieved through its crisis-management processes. Facilities include a state-of-the-art fitness center, the Andaz Spa, a bar, restaurant, an outdoor beer garden, 5 conference rooms, a garden terrace, and modern loft style rooms with 11-foot ceilings.
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