Guest Rooms
(139)
Renovation of all hotel rooms, including FF&E and interior upgrades.
Villa Roma is undergoing a $52.1 million renovation and expansion program designed to modernize the guest experience across hotel guestrooms, serviced apartments, common areas, new construction, and critical infrastructure. The scope of work is part of the Project’s Property Improvement Plan (“PIP”) and supports the overall business plan for this EB-5 Rural TEA project in Callicoon, Sullivan County, New York (Catskills Region).
EB-5 capital raised through the New Commercial Enterprise (“NCE”) is intended to be deployed into the Project in accordance with the offering documents and applied toward the capital upgrades, infrastructure improvements, and additions identified in the PIP. The renovations and new development are intended to support Project execution and EB-5 job creation planning, as reflected in the Project’s economic impact analysis.
EB-5 funding via the NCE will be applied to the capital upgrades, infrastructure, and additions identified and outlined in the Project Company’s Property Improvement Plan (PIP). The scope of the Project includes renovations, infrastructure upgrades, and aesthetic improvements as well as the addition of new features and amenities. The table below summarizes the scope of renovations by Resort area and amenity:
Renovation of all hotel rooms, including FF&E and interior upgrades.
Complete FF&E replacement and interior upgrades.
Upgrades to lobbies, wellness areas, and food & beverage outlets.
New 15,000+ SF conference center and employee housing.
Major upgrades to fire protection, HVAC, IT, and electrical systems to support long-term operational stability.
A comprehensive program of renovations, upgrades, and new development to transform the Resort experience.
Full replacement of FF&E, interior repairs and renovations
Repairs, painting / staining, façade and fountain improvements (main building frontage)
Updates to existing amenities, including:
New recreation additions planned:
New outdoor pools: renovation and upgrade of the outdoor pool area, including a planned reconfiguration, the addition of new pools, and updated outdoor dining options.
Hotel Rooms (Full replacement of FF&E in all rooms + Repairs and renovations to interiors to all rooms)
Before
After
Renovation of hotel lobby
Before
After
Renovation of public spaces in the hotel
Before
After
Serviced Timeshare Apartments (Full replacement of FF&E in all rooms | Repairs and renovations to interiors of all rooms)
Before
After
Façade & Fountain (Front of Main Building)
Before
After
Signage and Road Signs
Before
After
Street Lighting
Before
After
Construction of a new 15,000 square foot executive conference space
Renovation of existing hotel meeting rooms
Before
After
Club House renovations to enable activation as a meeting venue
Before
After
Alba Nuova (main building restaurant)
Before
After
Club Forum – Tivoli Lounge
Before
After
Integration of dining venue at Chamanwoods (clubhouse)
Before
After
Villa Cafe
Before
After
The Roman Garden (restaurant)
Before
After
The 19th Hole Restaurant (Golf Clubhouse)
Before
After
Altura (Peruvian restaurant at Ski Chalet)
Before
After
Splash! (The Pool Grill Restaurant)
Before
After
Eleanor’s Kitchen (Deli and Pizza restaurant)
Before
After
Bar Serata (Mezzanine Bar)
Before
After
EOLO (Pond Dining) *New Dining Addition
Juice store at Recreation Center *New Dining Addition
Pool area upgrades indoor
Before
After
Pool area upgrades outdoor + Creation of a new outdoor pool
Before
After
Recreation Center
Before
After
Children’s play area
Before
After
Ski Lift Upgrade
Before
After
Retail shops
Before
After
Recreation / Fitness Center
Before
After
Spa Services
Before
After
Arcade
Before
After
Development of 100 unit (20 two-bedroom units and 80 one-bedroom units) of employee housing (approximately 80,000 total square feet)
Before
N/A *New Build*After
In addition to renovations of existing accommodations and amenities, the Job-Creating Entity (“JCE”) plans to add new features intended to enhance the guest experience and support additional demand.
A new 15,000+ square foot conference center is planned.
Planned additions include EOLO (a dining concept at the pond site), OKAGA (a contemporary Japanese restaurant at the ski chalet), and a new juice café at the recreation center. A new dining concept is also planned for the Clubhouse.
Approximately 80,000 square feet (100 units) of employee housing is planned on the Property grounds, consisting of one- and two-bedroom, intended to support workforce needs.
The property was acquired by the Sponsor in 2024. The Project is proceeding through planning and design, and the JCE has engaged specialists, including construction experts, lighting professionals, food and beverage consultants, and interior designers. The Project team has organized renovations into five zones for implementation. Restoration, repairs, and infrastructure upgrades are expected to be addressed first, while design plans and construction documents are prepared for structural renovations and new ground-up construction.
Renovation activities are currently underway from the end of November 2025 and are projected to occur through to the end of December 2027 (approximately 25 months). The Resort is expected to remain operational while the PIP is implemented, with guestrooms and serviced apartments updated in sections to support continued room availability.
he Job-Creating Entity (“JCE”) expects to obtain required local permits and approvals for certain renovations (including electrical and structural upgrades) as well as new construction contemplated by the Property Improvement Plan (“PIP”). As the Project is currently in the planning stages, permitting applications and related approvals are in process and are expected to be completed as needed prior to commencement of the applicable work.
All designs, renderings, architectural drawings, plans, specifications, and descriptions shown on this website relating to the Property Improvement Plan (PIP) are conceptual and for illustrative purposes only. They reflect current intentions and are subject to change, revision, value engineering, permitting or authority requirements, and availability of materials and labor. Nothing shown constitutes a representation, warranty, or commitment that any particular improvement will be made, or that final design, scope, finishes, dimensions, or timing will match what is depicted.
Focusing on revenue-generating areas while funding essential new construction.
| Category | Amount (USD) |
|---|---|
| FF&E | $7.8m |
| Renovations | $30.8m |
| New Construction | $8.4m |
| Soft Costs | $5.1m |
| Subtotal PIP | $52.1m |
Additional $29m allocated to existing resort valuation. Total project ~$81.1m.
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Consultations are informational only and do not constitute legal, tax, or investment advice.