WASHINGTON, DC-The Washington Post has reported that InterContinental Hotels Group and Carr Hospitality LLC have planned to construct a four-star hotel containing 268 rooms as part of a redevelopment of the District's Southwest waterfront. Carr Hospitality is negotiating with Madison Marquette and PN Hoffman Inc. to purchase the site situated near Water and Ninth streets SW.
The District government and Hoffman-Madison plan to start a $2-billion redevelopment of the waterfront area into a mixed-use development in late 2012. For the full story, go to Washington Business Journal .
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