Latest news with #BeaconGroup
The Hindu
13 hours ago
- Business
- The Hindu
Gokulam Group invests in road restroom start-up Travlounge
Travlounge, which provides premium restroom services to travellers on road, has received an investment of ₹25 crore from Sree Gokulam Group of companies. Promoted by the Kozhikode-based Beacon Group, it has already set up units at Walayar in Palakkad and Adimali near Munnar. Travlounge's co-founder P.T. Safeer said that apart from building more units, the company would also be partnering with existing businesses that operate on the highways across the country. The services offered to travellers include hygienic toilets, cafeteria and sleeping pods. 'We have had 1.5 lakh customers so far at our Walayar unit, which became operational two years ago,' Mr. Safeer said. 'We have received a lot of interest from States outside Kerala as well, especially Tamil Nadu.' Travlounge's app was launched here by Kerala's Minister for Tourism and Public Works P.A. Mohamed Riyas, who said the government was also open to the idea of cooperating with the project. The start-up was seed-funded by Abdul Azeez of AZCCO Global. Gokulam's chairman Gokulam Gopalan said his company made the investment in Travlounge because the business had a lot of potential. Mamta Mohandas, brand ambassador, said she wanted to be part of the company after discovering Travlounge's maiden unit on her drive from Chennai. 'This was something travellers, especially women, badly needed in India,' the popular actress said. 'I wanted to be part of the company.'
Yahoo
05-05-2025
- Business
- Yahoo
Margin District project brings more tourism charm to downtown Franklin
FRANKLIN, Tenn. (WKRN) — A new high-end, mixed-use development is in the works on the south side of historic downtown Franklin. The Margin District is a $165-million project that will include 25 luxury residential units ranging in size from 2,000 to 3,500 square feet and have a price tag of more than $2 million. There will also be 50,000 square feet of retail space and another 50,000 square feet of executive office space. News 2 On Tour | Explore the communties that shape Middle Tennessee The development will serve as an addition and new attraction to downtown Franklin and Main Street, which are the No. 1 drivers of tourism in Williamson County. 'One of everyone's favorite things about downtown Franklin is the walkability that adds so much to the charm and character of the city and at the Residences at The Margin District, not only are you walkable to downtown, but downtown will walk to you,' said Megan Garrett, a real estate agent with Beacon Group of Tennessee at Fridrich & Clark Realty, the team marketing the Residences at the Margin District. LIST | Check out these farmers markets in Middle TN Although it will lie just beyond the city's historic preservation overlay, developers said it's being designed to reflect the character of old Franklin. The Beacon Group told News 2 that community feedback has played a vital role in their decision making, especially when it comes to parking capacity, as folks who live nearby wanted to ensure visitors won't encroach on residential streets. They said their ultimate vision is to create a new standard for uniting progress and preservation. 'They are weaving the historic aspect of downtown Franklin, of course, with their own personal design stamp on it,' said Leah Crutchfield, a real estate agent with the Beacon Group. 'It is a beautiful exterior building, and these luxury residences are really an answer to what the neighbors wanted, what the community has been looking for – one level living, lock-and-leave lifestyle, and walkable to downtown Franklin with incredible restaurants.' ⏩ As of May 5, The Beacon Group confirmed that nine of the 25 residential units have already been reserved. The project is set to be completed by the end of 2027. For more information, visit The Margin District's website. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
