Funding

Funding Needed
$166 (Mio)
EB5 Funding
$35 (Mio)
EB-5 Investors
70
Investment Amount
$500,000

Jobs

Job Creation per Investor
14.3
Job Creation (Total)
1000+
Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
District of Columbia
Location
9th Street NW and L Street NW, Washington D.C. 20001
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DC Marriott Hotels - Phase 2


Developer Name
Quadrangle/Capstone Development

Project Description

This project is the development of a 338-room Courtyard and a 169-room Residence Inn:

  • Located adjacent to the Walter E. Washington Convention Center
  • ┬łUnderground walkway will connect the hotels to the convention center
  • Walking distance to the White House, Verizon Center, and National Mall
  • Less than a 10-minute walk to the Chinatown and Convention Center Metro stations

Project Timeline

Initial Government Approval - Quarter 1 2014 (Received)
Architectural Drawings - Quarter 2 2014
EB-5 Fundraising - Quarter 3 2014
Groundbreaking - Quarter 3 2015

DC Marriott Hotels - Phase 2: Map

9th Street NW and L Street NW, Washington D.C. 20001




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