Bellevue! Get ready for your second Marriott.
A developer and hotel operator is in advanced discussions with Marriott International, Inc. to brand the hotel a full-service Marriott Hotel.
HEI Hotels & Resorts, a rapidly growing hotel ownership and operating company, announced on August 28, 2007 that it is planning to acquire a one-acre site in Bellevue, Washington, for its development of a 378-room full service hotel right in our backyard. The company is currently undergoing final permitting and development planning and expects to open in 2010.
“Development is an important component of our growth strategy,” said Steve Mendell, HEI’s executive vice president of acquisitions and development. “Combing with our W Hotel and Residences in Hollywood, California, we are adding top-quality properties to our portfolio that will provide substantial value to our investors.”
Located in the southeast quadrant of NE 110th and NE 3rd, the potential Marriott is placed in the heart of the rapidly expanding area. The planned 14-floor hotel would feature Marriott’s new “Great Room”, 13,000 square feet of meeting space, restaurant, fitness facility, indoor pool, and parking garage.
Marriott has already seen success in Bellevue. The Marriott Courtyard in downtown Bellevue met its financial goals within six months of opening.
