OTO Development Unveils Plans for 219-Room AC Hotel by Marriott in Bethesda, Maryland
November 9, 2017 12:19pm
BETHESDA MD (NOVEMBER 9, 2017) -- A new AC Hotel by Marriott is coming to the heart of downtown Bethesda MD -- part of an ambitious mixed-use development and just a few short blocks away from Marriott International's future global headquarters.
"It's always exciting to announce plans for a new project," says Corry Oakes, President/CEO of OTO Development, a Spartanburg SC-based Johnson Management company, "and that's especially true of our AC Hotel Bethesda. The brand is vibrant. The design is exceptional. And the proximity to Marriott's headquarters provides us an incredible opportunity to be the flagship for a philosophy that's all about 'A New Way to Hotel.'"
Upon completion, this will be the sixth AC Hotel within OTO's owned portfolio. Each property is designed to incorporate elements of its particular urban location while keeping within the brand's emphasis on carefully edited style. AC guestrooms exude a subtle European sensibility, with neutral color palettes, sleek furniture, classic hardwoods and natural lighting.
While every AC Hotel focuses on shared spaces where guests connect, the 219-room AC Hotel Bethesda also serves as the social center of 7373 Wisconsin, a $300-million mixed-use project by StonebridgeCarras. Located at the corner of Wisconsin and Montgomery avenues, the AC Lounge will spill onto a public plaza, where a 45-foot overhang creates a signature sense of place. Indoors and out, the lounge is designed to draw guests, office tenants, and neighborhood residents during both daytime and evening hours.
The lobby and all amenities -- including an oversized fitness center -- will welcome not only hotel guests but also employees who work in the development's 380,000 square feet of Class A office space.
"Integrating AC Hotel Bethesda's amenities with the wider development enhances what the office spaces can offer their tenants," Oakes notes, "and that, in turn, augments opportunities for the hotel. We anticipate incredible synergies between every component of 7373 Wisconsin."
StonebridgeCarras and OTO Development previously worked together, with OTO developing a 204-room Hilton Garden Inn as part of NoMa's Constitutional Square.
"Our companies enjoy a history of successful collaboration. We are excited to join forces, once again, with a company noted for creating exceptional places," says Oakes. "Given the Bethesda market's significant, diverse demand generators -- plus proximity to Bethesda Row, the Metro, and the future Purple Line stop -- this project has the potential to become one of the country's most dynamic mixed-use developments to be delivered over the next few years."
Construction is slated to begin in early 2019, with anticipated project completion in 2021.
Tags: oto development,
OTO Development, a Johnson Management company, is an award-winning, fast-growing hotel development and management company. Founded in 2004 and partnering with the Hilton, Hyatt and Marriott brands, OTO's industry leadership position is anchored by a portfolio of excellent hotels staffed by exceptional people. The company has developed more than 70 hotels over the past 13 years while also adding to its list of managed properties, which now comprise approximately 8,600 room keys. Today, OTO's impressive growth is focused on new urban development projects in San Francisco, Los Angeles, San Diego, Manhattan and Washington DC as well as increasing emphasis on adding new management contracts with clients ranging from publicly traded REITs to private equity firms to high net worth individuals. For more information, visit OTODevelopment.com.
Contact: Diane Jackson
Twenty Four Seven Hotels to Manage Holiday Inn Ontario Airport for New Owner Sunway Investment Group
R.D. Olson Breaks Ground on AC Hotel by Marriott in El Segundo, California
Quinta del Golfo de Cortez Plans June 2018 Opening for Solaz, a Luxury Collection Resort, Los Cabos
Cleveland Marriott Downtown at Key Center Appoints Hartmut Ott as General Manager
NewcrestImage Begins Construction of Adaptive Reuse Property in Downtown Houston to Become AC Hotel by Marriott
Anichi Development Breaks Ground on 120-Room Anichi Resort in Dominica Set to Open Late 2019
Brand Finance Hotels 50 Claims Marriott Closer to Checking In as Most Valuable Hotel Brand
Fairfield Inn & Suites Grand Mound Centralia Opens in Rochester, Washington with General Manager Curtis Crimmins at the Helm
Owned by Dreamcatcher and Managed by Sun Capital Hotels, Fairfield Inn & Suites by Marriott Now Open in Albuquerque, New Mexico
Owned by Starwood Capital and Managed by Aimbridge Hospitality, Courtyard by Marriott Opens in Woodbury, Minnesota
Aramark Completes Purchase of Avendra for $1,350 Million
SSN Hotels Opens 111-Suite Residence Inn by Marriott in Collegeville, Pennsylvania
Pacific Hospitality Group Appoints Kenneth Jacques General Manager of AC Hotel New Orleans Bourbon
Owned and Managed by Stonebridge Companies, Residence Inn by Marriott Set to Open in Downtown Seattle
Michael Lamey Named Director of F&B at Fort Lauderdale Marriott Harbor Beach Resort & Spa
Hotel Development Partners Celebrates Grand Opening for Residence Inn Atlanta Perimeter Center Dunwoody
New 116-Suite Residence Inn by Marriott Set to Open in Littleton, Colorado Led by General Manager Steve Ryan
Frontier Development Breaks Ground on Homewood Suites by Hilton in Largo, Maryland with Completion Slated for Late 2018
Hotel Equities to Manage Courtyard North Brunswick and Spring Hill Suites Woodbridge in New Jersey
The Luxury Collection Signs with The Mori Trust Group for IRAPH SUI, a Luxury Collection Hotel in Okinawa, Japan
Please login or register to post a comment.