WASHINGTON, DC—Rockville, MD-based Grunley Construction Co. has been selected to renovate the Watergate Hotel here. The $100-million project will increase the number of rooms at the storied hotel from 251 to 348.
Work will include gutting all 13 floors of the vacant, 277,000-square-foot building on Virginia Avenue NW. The project calls for the replacement of plumbing, electrical and mechanical systems and installing high-end, imported finishes, according to the Washington Business Journal.
The renovation also will include two new restaurants, renovated ballrooms and spa and fitness areas. The hotel, owned by Euro Capital Properties, is expected to open in the summer of 2015.
Last week, Grunley and Shalom Baranes were awarded a $139-million design-build contract to renovate the Center Building at St. Elizabeths for the Department of Homeland Security headquarters. See story in the Washington Business Journal.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.