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ATLANTA—As part of Turner Broadcasting’s $1.2-billion development program, the 470-room Omni Hotel will more than double in size to 1,063 rooms, with the addition of a 24-story, 593-room tower. The $100-million expansion raises the luxury asset into the big leagues of convention hotels—those with 1,000 rooms or more. Only four others in Downtown meet that size criterion. The Omni Hotel is across the street from the Georgia World Congress convention center. Currently expanding, the GWCC is adding 420,000 sf to its existing exhibition space for a total 1.4 million sf. The $220 million project is scheduled for completion in summer 2002. The dual expansion is expected to rev up Atlanta’s already thriving convention business.

Turner took on complete ownership of the Omni Hotel in 1996. TBS purchased the remaining 25% equity of the entire Omni International complex from Cousins Properties. This August, Turner and Irving, TX-based Omni Hotels will own the hotel jointly. The partnership also plans a $6-million renovation of the existing tower to begin in 2001.

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