IHG Signs With Fortress Development for New InterContinental Hotels & Resorts Property in Bellevue, Washington
February 27, 2019 1:56pm
InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, today announces the development of a new InterContinental® Hotels & Resorts property in Bellevue, Washington, located in the Seattle metropolitan area. Developed by Bellevue-based Fortress Development, the new-build hotel is expected to open in Q4 2021 and will be part of a luxury, two-tower mixed-use development known as Avenue Bellevue.
Located at the epicenter of downtown Bellevue on the northwest corner of Bellevue Way and NE 8th Street, the InterContinental Bellevue at The Avenue hotel will feature 252 elegantly appointed guest rooms, and two bars and a restaurant from the team behind Buddakan NYC. Additional property features will include 14,250 square feet of meeting space including a grand ballroom and a junior ballroom, a business center, a full-service spa, and a fitness center.
This will be the first InterContinental hotel in the Pacific Northwest and continues IHG’s expansion on the West Coast, following recent hotel openings in downtown Los Angeles and San Diego. The hotel will bring a new wave of sophistication and luxury to Bellevue’s thriving downtown neighborhood.
Joel Eisemann, Chief Development Officer, Americas, IHG said: “This stunning new project from Fortress Development will be a beacon of luxury and elegance and will be an outstanding addition to our luxury portfolio as we grow the InterContinental brand in the Americas. We look forward to working with Amin Lakha and his team at Fortress on this project and making Bellevue the next destination for the world’s largest luxury hotel brand.”
Avenue Bellevue will be a one-of-a-kind project, utilizing the finest luxury materials and refined details from designers assembled from across the globe. The project will include 332 luxury residences and will feature 85,000 square feet of high-end retail, food and nightlife – including the sealife-focused restaurant, Angler, from three-Michelin-star chef Joshua Skenes. Fortress is designing the new project in partnership with Weber Thompson, CollinsWoerman and HBA.
The hotel will occupy the first 11 floors of the 26-story south tower, with 98 luxury “Estate Homes” above it. A second, 25-story west tower will be located across from the hotel and will include the remaining luxury residences.
With its unique location across Lake Washington, picturesque lake and mountain views, and proximity to a world-class airport and multiple business and cultural attractions, Bellevue is an ideal market to host business and leisure travelers from around the globe who are seeking sophisticated, luxury hotel accommodations and a high-end, personalized guest experience.
Fortress Development CEO and Principal Amin “Andy” Lakha said: “As a Bellevue resident for 20 years, I am deeply committed to the future success of the community – and Avenue Bellevue is the biggest and most important project of my life. We are creating something that will set a new standard for architecture, residential design and amenities and luxury hospitality in a mixed-use environment, not just for Bellevue but for the entire Pacific Northwest. Growing up in Pakistan, my entire world view of luxury was shaped by the InterContinental Hotel in Karachi, which at the time was the country's only five-star hotel. I am delighted to be able to introduce this revered luxury brand to the Pacific Northwest for the first time.”
Construction is anticipated to begin in mid-2019.
InterContinental Hotels & Resorts, the largest luxury hotel brand in the world, is experiencing exciting growth in the United States, with recent openings in Houston, San Diego, Los Angeles, Washington, D.C. and Minneapolis. The brand also recently celebrated the opening of the 200th InterContinental hotel, the InterContinental Shanghai Wonderland, an 18-story resort built in an abandoned quarry. With more than 200 InterContinental hotels open worldwide and 60 in the global development pipeline, IHG continues to expand the brand’s portfolio in the most sought-after destinations around the world.
intercontinental hotels & resorts,
InterContinental Hotels & Resorts has 204 hotels located in more than 60 countries with local insight that comes from over 70 years of experience. As a brand, we believe that superior, understated service and outstanding facilities are important, but what makes us truly different is the genuine interest we show in our guests. Our desire is to help guests make the most of their time. We connect our well-traveled guests to what’s special about a destination, by sharing our knowledge, so they enjoy authentic experiences that will enrich their lives and broaden their outlook. For more information about the InterContinental Hotels & Resorts brand, visit www.intercontinental.com.
Fortress Development is a commercial real estate developer and privately held investment company based in Bellevue, Washington. Founded by Andy Lakha, a Bellevue resident who has been in commercial real estate for more than two decades, Fortress’ diverse team brings more than half a century of combined experience and a commitment to quality, and to creating homes and communities that matter. For more information, visit www.fortressdevelopment.com.
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