ATLANTA—Homewood Suites by Hilton continues to drive the expansion of its portfolio in prime urban markets with the announcement of a new hotel in downtown Atlanta’s Luckie Marietta District. The hotel, which will be developed by Legacy Property Group, is the first new ground-up hotel development in downtown Atlanta in 5 years.
“Downtown and metropolitan locations present a strong expansion opportunity for Homewood Suites, as business and leisure guests seek the home-like amenities and value associated with extended-stay hotels,” said Bill Duncan, global head, Homewood Suites by Hilton. “Homewood Suites provides a scalable solution for developers in these markets, while also meeting modern travelers’ desire for hotels that deliver both comfort and productivity.”
The 129-suite hotel will utilize many of the in-place support facilities of Legacy Property Group’s Park Pavilion mixed-use project, which includes a 670-car public parking deck, a public helipad, and 50,000 square feet of restaurant and retail tenants.
Legacy Property Group’s hotel management subsidiary Legacy Hotel Partners will manage the new hotel, adding to the team already managing the existing Hilton Garden Inn Downtown. The hotel will be Legacy Property Group’s fifth Hilton Worldwide project.
“Atlanta visitors needing to stay five days or longer will now have a hotel option convenient to downtown, modern restaurants and nightlife, as well as Atlanta attractions, such as the World of Coca-Cola and the Georgia Aquarium,” said David Marvin, founder and president of Legacy Property Group. “The Luckie Marietta District is a perfect location for guests, and this new hotel will provide a comfortable and a superior option for lodging to them.”
Construction is set to begin in the second quarter of 2014, and is expected to be completed by the third quarter of 2015.