We've all been wondering... what is happening with the Marriott Marquis that is suppose to be built near the convention center. Well looks like we are one step closer to having our very own Marquis... Yesterday the Washington Examiner reported...D.C. Council members on Tuesday approved the project, which, including financing, will cost the District $272 million. If Mayor Adrian Fenty signs the bill, as expected, construction on the hotel could begin in the fall. About $2 million would be used for a worker training program.
Tourism officials argue that the $537 million hotel is crucial to Washington’s ability to attract major conventions. The hotel would be jointly financed between the city and its development partners, Quadrangle Development Corp. and Capstone Development LLC.
The developers would provide $331 million on top of the District and Washington Convention Center Authority’s approved $208 million, including $2 million to start an apprenticeship program aimed at training D.C. workers for the costruction.
More information at: http://www.washingtonexaminer.com/local/DC-Council-OKs-272-million-for-convention-center-hotel-50802627.html
1 comment:
Hey are you a professional journalist? This article is very well written, as compared to most other blogs i saw today….
anyhow thanks for the good read!
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