Park Street Tuscany, LLC Announces $20 Million Capital Raise for Tuscany National Resort via tZERO Platform

Park Street Tuscany, LLC, collaborating with Park Street Development Group and Buena Vista Hospitality Group, launches a capital raise aimed at acquiring a prestigious 200-acre property in Tuscany, Italy. Utilizing the tZERO Securities platform, the venture targets the development of Tuscany National Resort and Club, expected to open in Q1 2025. This property will feature a boutique hotel, VIP villas, a Gary Player golf course, a restaurant, and a spa in the scenic town of Cortona.

The initiative reflects a broader move towards democratizing investment in commercial real estate, particularly in the hospitality sector, leveraging technology for wider accessibility. According to tZERO Group's CEO, David Goone, this step underscores the commitment to opening up traditional institutional investments to a broader audience. The use of tZERO's regulated platform promises transparency and a structured pathway for interested investors.

Scott Brown, co-owner of the venture, highlights the exceptional opportunity this presents to diversify into high-quality real estate, historically reserved for institutional investors. Notably, this project further cements tZERO's position in facilitating secure, efficient investment opportunities in significant ventures through blockchain technology.