What Weyland Ventures does

Weyland Ventures is a family-owned, multi-disciplinary real estate development firm founded in 1990 by Bill Weyland and headquartered in Louisville, Kentucky. The firm specializes in adaptive reuse of historic buildings and mixed-use urban development, with core technical competency in structuring layered financing that combines federal and state historic rehabilitation tax credits, new market tax credits, and public-private capital. Operating geographies span Kentucky (Louisville, Bardstown, Frankfort, Paducah, Elizabethtown), Ohio (Dayton, including senior-living JV Longfellow Commons), Indiana (Clarksville — Clockworks), and projects in Michigan, Minnesota, and New York through its historic consulting practice.

The company's revenue model mixes one-time development gains and property sales with recurring managed services. Revenue streams include (i) mixed-use property development and disposition (executed in part through affiliated brokerage Core502), (ii) hospitality ownership and management via the Common Bond Hotel Collection (covering Hilton Garden Inn, Tempo by Hilton, Home2 Suites, Hancock House, The Myriad Hotel, and Bardstown Motor Lodge), (iii) full-service property and asset management, (iv) historic preservation consulting (National Register nominations, Part 1/2/3 tax credit applications), and (v) urban planning consulting via subsidiary CityVisions Associates. Customer segments include municipal and community stakeholders seeking urban revitalization, joint-venture equity partners (e.g., First Hospitality, G.F. Bailey, United Church Homes), regional banks providing construction and tax-credit bridge financing (West Point Bank, Cecilian Bank), and end users including residential tenants and boutique-hotel guests.

The firm is structured around its Louisville headquarters with wholly owned operating subsidiaries — Common Bond Hotel Collection (hospitality), CityVisions Associates (urban planning consulting), and Core502 (brokerage/leasing). Leadership transitioned to second-generation CEO Mariah Gratz in 2016, after which the company publicly states it has more than doubled in size and scope. Active projects as of mid-2026 include the $500M Clockworks redevelopment in Clarksville, IN, the E-town Courthouse Hotel in Elizabethtown, KY (opening 2027), and the recently opened Yard Apartments and Tempo by Hilton in Louisville, KY.

Name

Weyland Ventures

Legal name

Weyland Ventures

Website

https://weylandventures.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Weyland Ventures is a Louisville, Kentucky-based, family-owned real estate development firm specializing in adaptive reuse of historic buildings and mixed-use urban projects, leveraging historic and new market tax credits. It develops, owns, and operates residential, hospitality (Common Bond Hotel Collection), and consulting (CityVisions) assets across Kentucky, Ohio, and Indiana.

Ownership category

akta.pro rank

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Property Development and Sales: Development of mixed-use urban properties including residential, commercial, retail, and hospitality, with sales and disposition services through Core502 brokerage
2. Hospitality Management: Management of boutique hotels through Common Bond Hotel Collection, including guest quarters, bar concepts, chef-led dining, sundry retail, and swim clubs
3. Property and Asset Management: Full-service property and asset management including facilities management, maintenance, marketing, leasing, and investment preservation
4. Urban Planning Consulting: CityVisions consulting services including urban planning, urban design, real estate project feasibility, and economic development advisory through subsidiary consulting firm
5. Historic Preservation Consulting: Historic consulting services including building research, feasibility studies, National Register nominations, and historic tax credit applications

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Weyland Ventures is a multi-disciplinary real estate development firm that develops, owns, and manages mixed-use urban properties with a specialization in adaptive reuse and historic preservation. It operates integrated service lines including historic preservation consulting, urban planning consulting via CityVisions Associates, property and asset management, sales and leasing via Core502, and boutique hospitality via the Common Bond Hotel Collection.

Product overview

Weyland Ventures is a multi-disciplinary real estate development firm offering a comprehensive portfolio of services and properties. The company operates through several distinct service lines: Real Estate Consulting and Urban Planning through CityVisions Associates, Property and Asset Management, Historic Preservation Consulting, and Sales/Leasing via Core502. Their hospitality operations are managed under the Common Bond Hotel Collection brand. Their property portfolio includes residential apartments (The Yard Apartments, Painters Row, Whiskey Row Lofts, The 503 Apartments, The Wheelhouse Lofts), hospitality properties (Hilton Garden Inn, Home 2 Suites, Hancock House, The Myriad Hotel, Bardstown Motor Lodge, Tempo by Hilton), mixed-use developments (The Henry Clay, Glassworks District), and commercial spaces (Mercury Ballroom, Louisville Slugger Museum). The company specializes in adaptive reuse of historic buildings and mixed-use urban developments across Louisville, Dayton, and other markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Common Bond Hotel Collection A collection of distinctive boutique hospitality properties offering Common Bond signature guest quarters, bar concepts, chef-led dining, sundry retail, and swim clubs, with end-to-end hospitality management services ensuring high standards in design, food and beverage, and guest experiences.
• The Yard Apartments Modern apartment property in Louisville's urban core featuring 189 units with amenities including a courtyard, swimming pool, fitness room, and resident lounge. Studio, 1- and 2-bedroom apartments, many with balconies.
• Painters Row Mixed-use development in the Portland Neighborhood of Louisville featuring 71 market-rate residential units and over 37,000 square feet of commercial space in restored historic masonry and timber warehouse buildings with exposed brick, wood beams, and an outdoor courtyard.
• Whiskey Row Lofts Mixed-use development in downtown Louisville featuring restaurants, entertainment venues, offices, corporate entertainment suites, apartments, and live-work opportunities. Historic buildings renovated with 14'-16' ceilings, exposed brick, and sustainable design elements.
• The 503 Apartments Four-story residential development in Dayton, Ohio's Oregon District bridging the neighborhood with the Third Street corridor. Studio, one-bedroom, and two-bedroom loft-style apartments with exposed concrete floors and 10-foot ceilings.
• The Wheelhouse Lofts Historic loft apartments in Dayton, Ohio created from a restored 150-year-old automobile assembly plant building. One- and two-bedroom units with modern amenities in the Oregon East area.
• Hilton Garden Inn Louisville Downtown 162-room downtown Louisville hotel opened in 2014 as a joint venture with First Hospitality Group, part of the Clay Commons District adjoining The Henry Clay, featuring a courtyard, parking garage, and 8UP rooftop restaurant.
• Tempo by Hilton Six-story, 130-room Hilton-brand hotel with first-floor lobby and lounge and rooftop bar and restaurant, located at 710 E. Jefferson Street in Louisville's NuLu neighborhood.
• Home 2 Suites by Hilton Extended-stay hotel at 240 South Hancock Street in Louisville's NuLu Medical District with convenient access to hospitals, restaurants, distilleries, and attractions including Churchill Downs and KFC Yum! Center.
• Hancock House Micro-boutique hotel at 601 East Jefferson Street in Louisville with 16 units offering a hands-off approach to luxury hospitality with authentic Louisville experiences.
• The Myriad Hotel and Paseo Eclectic 65-room boutique hotel from the Common Bond Hotel Collection in Louisville's Highlands neighborhood. Features a labyrinth of surprising spaces, the Paseo restaurant with wood-fire stoves, and the Myriad Swim Club.
• Bardstown Motor Lodge and Toogie's Table Mid-century-inspired boutique motel in Bardstown, Kentucky on the Bourbon Trail with 35 rooms, outdoor spaces, fire pits, swimming pool, and retro rec room. Includes Toogie's Table destination restaurant.
• The Henry Clay Historic 1924 building in downtown Louisville offering event space, commercial space, live/work apartments, condos, and theatre. Originally built as Elks Lodge, later served as Henry Clay Hotel and YWCA before redevelopment.
• Mercury Ballroom Music venue in the renovated Wright-Taylor Building at Fourth and Chestnut Streets in Louisville. Opened in 2014, serves as a major entertainment venue in downtown Louisville.
• Glassworks District Planned downtown neighborhood anchoring the west end of Louisville's Central Business District. Features glass art galleries, studios, restaurants, live music, retail, office space, and urban lofts and condos.
• Louisville Slugger Museum & Factory Baseball bat factory and museum at 800 W. Main Street featuring a 120-foot tall bat. Opened in 1996 as one of Louisville's top attractions, including historic building integration and a screened parking structure.
• Core502 Realty Brother company of Weyland Ventures providing first-in-class acquisition, disposition, and leasing services. Offers property evaluations, adaptive reuse consultations, new development guidance, transaction audits, and full receivership services.
• CityVisions Consulting Professional consulting firm specializing in community planning, urban design, real estate project development feasibility and assessment, and economic development. Helps cities create vibrant, sustainable, and equitable places through holistic planning approaches.
• Property and Asset Management Full-service property and asset management for residential, commercial, and hospitality properties. Includes facilities management, maintenance, marketing, leasing, and investment preservation strategies.
• Historic Consulting Historic preservation and adaptive reuse consulting services. Helps clients navigate historic rehabilitation tax credits, National Register nominations, and building research, with expertise across Kentucky, Ohio, Indiana, Michigan, and New York.
• Clockworks Major mixed-use redevelopment project at the former Colgate-Palmolive manufacturing campus in Clarksville, Indiana, envisioned as a mixed-use district with hotels, conference and event space, restaurants, retail, apartments, greenspaces, entertainment venues, and a sports complex.
• E-town Courthouse Hotel Adaptive reuse of the historic 1933-34 Georgian Revival Hardin County Courthouse into a 24-room boutique hotel with dedicated event space in downtown Elizabethtown, Kentucky.

Quantifiable outcome

• Hundreds of millions of dollars of investment in urban revitalization
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Local and State Stakeholders (Clarksville, Indiana)coreStrategic or Co-development Partner · 15 May 2026Weyland Ventures is partnering with local and state stakeholders as plans move forward for Clockworks redevelopment, including discussions surrounding tourism infrastructure, conference facilities, and historic redevelopment incentives. The project represents a major opportunity for regional tourism growth.
• Elizabethtown Renaissance AssociatescoreStrategic or Co-development PartnerLocal investment group formed specifically to support revitalization of the historic Hardin County Courthouse. Partners include Ben LaRue, Kevin Addington, and Carl Swope.
• Bosse ConstructionminorImplementation/ SI/ Consulting PartnerSelected as general contractor for E-town Courthouse Hotel project.
• G.F. Bailey CompaniescoreStrategic or Co-development PartnerJoint venture partner in Longfellow Commons independent senior living community project in Dayton, Ohio.
• United Church HomescoreStrategic or Co-development PartnerJoint venture partner and operator for Longfellow Commons senior living apartments, providing residential operations for 55+ population.
• Gill Holland and Gregg Rochman (4 Blokes LLC)minorStrategic or Co-development PartnerPartnership to redevelop about 100,000 square feet of vacant warehouse space into mixed-use complex with apartments and commercial tenants in Portland neighborhood.
• First Hospitality Group (Chicago)coreStrategic or Co-development Partner$18 million joint venture partner with Weyland Ventures for Hilton Garden Inn hotel development. First Hospitality provides hospitality management expertise.
• First HospitalitycoreStrategic or Co-development PartnerIllinois-based hospitality and hotel management firm partnered to bring Tempo by Hilton brand to NuLu development.
• Core502coreChannel Partner/ Reseller/ DistributorBrother company of Weyland Ventures providing first-in-class acquisition, disposition, and leasing services. Also provides property evaluations, adaptive reuse consultations, and special assets services.
• Sheehan Property Management (Indianapolis)minorStrategic or Co-development PartnerIndianapolis partner for 310 NULU development, designed and constructed in conjunction with their expertise.
• CityVisions AssociatescoreStrategic or Co-development PartnerSubsidiary of Weyland Ventures, professional consulting firm specializing in Community Planning, Urban Design, and Economic Development. Managing Partner Barry Alberts is a Harvard GSD graduate.

Scale indicators9 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. multifamily and student-housing operator/developer with growing mixed-use footprint; competes for the same urban-core residential and mixed-use tenants and capital that Weyland targets, but at vastly larger scale.

Direct peers

• Keystone Group: Indianapolis-area real estate developer with multifamily and mixed-use urban-infill projects that overlap with Weyland's downtown adaptive-reuse footprint across Indiana and adjacent states.
• The Alexander Company: Wisconsin-based developer specializing in historic preservation, adaptive reuse, and mixed-use projects using tax-credit-driven financing; one of the closest nationally comparable specialists to Weyland's core adaptive-reuse-plus-layered-financing model.
• 21c Museum Hotels: Louisville-headquartered boutique hospitality operator built around adaptive reuse of historic buildings with attached art museums; directly comparable to Common Bond Hotel Collection and to Weyland's broader boutique-hotel-with-cultural-positioning strategy in the same home market.
• Lauth Group: Indianapolis-based real estate developer focused on mixed-use, multifamily, and commercial developments across the Midwest; operates with similar JV and public-partnership structures on urban-infill projects.
• Pedcor Companies: Carmel, Indiana-based developer of multifamily, mixed-use, and historic-rehabilitation projects in the Midwest; competes for similar urban-core adaptive-reuse mandates across Indiana, Kentucky, and Ohio.
• Heritage Construction + Development: Indianapolis-based developer specializing in historic preservation, downtown revitalization, and mixed-use adaptive reuse with layered financing; one of the most directly comparable firms in scale and niche.
• Winstar Properties: Midwest mixed-use developer with experience in historic rehabilitation and tax-credit-supported developments; competes for similar urban-core mandates in secondary Midwest cities.
• Flaherty & Collins Properties: Indianapolis-headquartered mixed-use and multifamily developer active in the same Midwest regional footprint, including mixed-income and historic-adjacent urban projects comparable to Weyland's residential/mixed-use pipeline.

Others

• Abe Kinsela: Broader commercial real estate services / capital markets incumbents (Cushman & Wakefield, JLL, CBRE) compete for the same brokerage, valuation, and capital-placement mandates that Core502 and Brian McChesney's capital markets team pursue; not direct competitors on development but relevant for sales/leasing and advisory economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/weylandventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Weyland Ventures