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NASHVILLE-A team of developers known for erecting hotels around the country was picked Tuesday to build a 1,000-room hotel to serve the city’s proposed downtown convention center, according to The Tennessean. The hotel will be the city’s largest, though it remains unclear how the city will pay for it.

The Metro Development and Housing Agency’s board voted unanimously this week to choose Colorado-based Phelps Development and Atlanta-based Portman Holdings to develop the approximately $300-million hotel. It would stand at least 40 stories tall on a 2.4-acre site owned by Tower Investments, another team member, just south of the Country Music Hall of Fame and next to the convention center site.

Phelps and Portman have built hotels together in San Diego, Atlanta, Charlotte, New York, Orlando, Denver and other cities, and 10 of their projects have 1,000 or more rooms. Portman designs the buildings, while Phelps, a subsidiary of Hensel Phelps Construction Co., builds them. Click here to read more from The Tennessean.

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