JBG had been fighting the selection of Marriott to develop the1,167-room Marquis hotel before it filed its suit in District Court,lodging a complaint last year to the city's Contract Appeals Boardthat was eventually dismissed.
The hotel had originally been slated to break ground last year, after along-winded city legislative process and lobbying push that ended inAugust when Mayor Adrian Fenty signed legislation to provide $206 million infinancing for a hotel at the Walter E. Washington Convention Center.The project has seen one hold up after another even before the JBGsuit--namely through controversy regarding the public financing.
The District's convention center hosts about a million visitors a yearand generates about 500,000 hotel room nights. The hotel project hasbeen widely deemed as essential if DC wants to more firmlyestablish itself as a convention city destination. The proposed hotelwill be a 14-story building situated on a two-acre site at Ninth andMassachusetts Ave. There will also be 100,000 square feet of meetingspace and 400 parking spaces. It was originally scheduled to deliverin 2013.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
