Construction crews could begin preliminary groundwork as early as next week for the Convention Center's newest addition, the 1,175-room, 15-story Marriott Marquis, a project headed by
Quadrangle Development and
Capstone Development. The
Washington Convention & Sports Authority (WCSA) announced earlier today that it will provide limited early
access in order for developers to orchestrate initial site remediation work including: "removal of underground storage tanks, demolition of the Erhlich Building, erecting fences, placing signage around the site and readying the area for construction."
A more ceremonial and celebratory start to construction will soon follow, says
Gregory A. O’Dell, Washington Convention and Sports Authority President. "The Authority and the District are finalizing the documentation and preparing to close on the bonds as we anticipate a groundbreaking within the next 30-45 days," he explains. Once construction begins, a build-out of 42 months is anticipated, placing the delivery date in the spring of 2014. While this is not the official groundbreaking, convention center authority spokeswoman
Chinyere Hubbard confirms that this is indeed the beginning of construction and an indication of nothing but green lights going forward. There are "no further legal obstacles", says Hubbard, who notes that the WCCA board will officially approve the financing bonds tomorrow.
The soon to be active construction site is bounded by Massachusetts Avenue and L Streets, NW. Because of District height limitations, the massive hotel is burying much it's square footage beneath the earth, so the first order of business for contractors is to dig a giant hole and start building back up to ground level. Progress above ground might not be visible for almost a year after construction starts. Upon completion, the building will feature over 100,000 s.f. of meeting and ballroom space, 25,000 sf of retail, and 385 parking spaces. The plan also calls for a below grade tunnel (vehicle and pedestrian) connecting the hotel and Convention Center. The hotel will become only the third Marquis in the country. Developers and District officials hope the already impressive Convention Center will be a world-wide attraction now that an accompanying state-of-the-art, large-scale hotel is on the way.
Last year,
Mayor Adrian Fenty signed the
New Convention Center Hotel Amendments Act of 2009 that authorized Tax Increment Financing (TIF) and the issuance of bonds, to fund up to $206m in construction and operational costs. Private developers will pick up the remaining portion of the estimated $550 million total cost. With JBG's spat over the project and ensuing lawsuit now ended, today's announcement means the project is officially moving forward.
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Construction began today on Quadrangle Development Corporation and The Wilkes Company’s development of a 234-unit, 14-floor residential building at 440 K. It’s part of Mount Vernon Triangle’s “critical mass” and should be finished in the last quarter of 2013.
