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
Autograph Collection Hotels Welcomes Ireland’s National Treasure, The Shelbourne
Marriott International Statement on Health of President and CEO Arne Sorenson
Owned and Managed by High Hotels, Residence Inn by Marriott Set to Open in Lancaster, Pennsylvania
Phoenix American Hospitality Adds Florida Hotel to Portfolio: Residence Inn by Marriott Cape Canaveral Cocoa Beach
Aloft Kuala Lumpur Sentral Appoints Rubel Miah as New General Manager
OTO Development Breaks Ground on Hyatt Place National Harbor in Prince George's County, Maryland
Hotel Equities and Virtua Partners Close on Fairfield Inn & Suites by Marriott in Colorado Springs
Welcome Group Plans Late Spring Opening of AC Hotel Los Angeles South Bay
Owned by Sunny Investment Properties LLC & Development, the Residence Inn Tulsa Midtown Opens
OTO Development Appoints Denise Beers-Kiepper as Vice President of Human Resources
Maria Florencia Arenaza Appointed General Manager of Los Sueños Marriott Ocean & Golf Resort, Costa Rica
Marriott Expands Across Africa With Hotel Signings in Morocco, Ghana and Liberia
Woodbine Legacy Investments Completes $20 Million Renovation of W Atlanta-Buckhead Led by General Manager Robert Woolridge
Marriott Appoints Jerome Briet as Chief Development Officer for Middle East and Africa
PHI Hotel Group and Siksika Resource Development Open Three Marriott Branded Hotels in the Province of Alberta
Lodging Dynamics Hospitality Group Set to Open New 128-Room Fairfield Inn & Suites by Marriott Denver West Federal Center in Lakewood, Colorado
JW Marriott Debuts in Northeast China With the Opening of JW Marriott Hotel Harbin River North
Auro Hotels Set to Open Dual-Branded Residence Inn and SpringHill Suites Hotel to Open in Greenville, SC
Idu Ribeiro Appointed General Manager at Panama Marriott Hotel, Panama
Marriott International Introduces Marriott Bonvoy – the New Brand Name of Its Loyalty Program
Please login or register to post a comment.