It was reported in this week's Capital Business that Hoffman-Madison Waterfront is in negotiations with Carr Hospitality and Intercontinental Hotels Group to build and operate a 268-key, four-star hotel at The Wharf. The new hotel will be next to the office building that will be occupied by The Graduate School USA at 9th Street & Maine Avenue (the site of the temporary Kastles Stadium at The Wharf). The hotel operators are the same ones that operate the Willard Intercontinental Hotel downtown (Carr Hospitality also has plans to build a hostel/hotel at the 100 block of Q Street). Room rates at the waterfront hotel are anticipated to run between $300 and $400 a night, similar to rates at the Mandarin Oriental Hotel (the average cost for a room next Saturday). From the article:
Hammad Shah, president and chief operating officer of Carr Hospitality, said the company had been looking to open a second Washington hotel.
“The thought process here is really to create a unique luxury hotel, one of its kind, and I believe the Intercontinental brand fits the mold very well because of its success in Washington with the Willard, and because it’s an international brand,” Shah said.
Shah said the hotel would take advantage of the site’s location overlooking the Washington Channel. He said he expects the hotel to have a 5,000-square-foot rooftop lounge and two ballrooms looking out onto the water, as well as two restaurants.
The hotel also would be near one of the waterfront’s planned piers. Shah said Carr is in negotiations to purchase boat slips from the development team, which would allow guests to arrive by boat. “Everybody gets on and off at the doorsteps of the hotel,” Shah said.
Back in April, Hoffman-Madison Waterfront selected Humboldt Hospitality to advise them on the sale of the hotel site. Construction on the first phase of development at The Wharf is planned for the end of 2012.
Rendering courtesy of Hoffman-Madison Waterfront