Barnett/Laura Trio Redevelopment to be announced

Started by thelakelander, May 24, 2010, 03:13:33 PM

acme54321

The Courtyard in DT Charlotte was pretty nice... no complaints.

thelakelander


Downtown Memphis

I get the gut feeling that it would probably be a Courtyard or Residence Inn.  Over the last decade, Marriott has been pretty aggressive at popping these up in historic highrise adaptive reuse projects all across the country.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

duvaldude08

Quote from: Clem1029 on June 22, 2011, 01:21:34 PM
Quote from: duvaldude08 on June 22, 2011, 01:08:57 PM
Well from the what the developers stated, they are only asking for valet parking. Thats it. But we will see how "true" this is and what actually happens. I think they developers would know a little more than we would though. But of course in typical Duval fashion we have to put the conspriacy theory on anything thats sounds promising.  ::)
Please don't get me wrong...I'm not saying there's a conspiracy theory here. I'm simply looking at it from Marriott's side. If they're going to put a hotel downtown, some of their brands make more sense than others depending on the given economics. A Courtyard or Springhill are going to have completely different expectations for success than a full service Marriott or Renaissance.

For example, a Courtyard downtown could probably be successful just picking off the low-hanging meeting fruit from the Omni or Hyatt (events for up to 100 people, not requiring all the "ballroom" style bells and whistles, at a competitive price point), and then pick up some overflow for some of the bigger events at the other two hotels.

A full service Marriott or Renaissance, on the other hand, is going to be competing in the exact same event space as Omni and Hyatt. Is there enough of that to go around today that would keep all 3 players happy? I think you'd be hard pressed to answer "yes" with the state downtown is in today. So to pull the trigger on a full-service hotel, there would have to be some expectations laid out that business and event traffic will significantly increase downtown. It might be in the form of a new convention center. It might be in certain policies that the city is saying their going to pursue. But one way or another, there would have to be an expectation of a significant increase.

I think it's awesome Marriott wants to get downtown. I just think there needs to be some tempered expectations over what type goes in...I can't put my finger on it, but I get the feeling that a Courtyard in that space would be very disappointing to a lot of folks around here.

I acutally LOVE the courtyard marriot. They are extremely nice IMO.
Jaguars 2.0

thelakelander

Quote from: tufsu1 on June 22, 2011, 01:39:02 PM
theer was a plan to build a Courtyard by Marriott on the 200 Riverside site...but that project is on life support, so maybe Marriott decided downtown would work well instead

There was also a plan to put up at Courtyard in the old San Marco Village project on the Southbank before Trump and Related ran away from that one.  Marriott was also interested in taking over the Adams Mark but Hyatt won out.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

duvaldude08

Quote from: thelakelander on June 22, 2011, 01:49:28 PM
Quote from: tufsu1 on June 22, 2011, 01:39:02 PM
theer was a plan to build a Courtyard by Marriott on the 200 Riverside site...but that project is on life support, so maybe Marriott decided downtown would work well instead

There was also a plan to put up at Courtyard in the old San Marco Village project on the Southbank before Trump and Related ran away from that one.  Marriott was also interested in taking over the Adams Mark but Hyatt won out.

Yeah it sounds like the Marriot has had continue interest in our DT for some time now.
Jaguars 2.0

JHAT76

Quote from: tufsu1 on June 22, 2011, 01:39:02 PM
there was a plan to build a Courtyard by Marriott on the 200 Riverside site...but that project is on life support, so maybe Marriott decided downtown would work well instead

So no Hotel at 200 Riverside now or no 200 Riverside?

cline

Quote from: JHAT76 on June 22, 2011, 01:54:29 PM
Quote from: tufsu1 on June 22, 2011, 01:39:02 PM
there was a plan to build a Courtyard by Marriott on the 200 Riverside site...but that project is on life support, so maybe Marriott decided downtown would work well instead

So no Hotel at 200 Riverside now or no 200 Riverside?

There won't be a hotel and they're probably won't even be a 200 Riverside.  At least not anytime soon.

fsujax

^^well, at least we got the hole in ground! maybe it will fill with water soon.

Wacca Pilatka

Am I correct in remembering that the hotel Bucky Clarkson proposed to locate next to the convention center (a project that died when the city incentivized Adam's Mark) was a Marriott, and that at some point afterward he advocated a mid-rise Courtyard for the Northbank?
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Henry J. Klutho

MusicMan

This thread/discussion is now claiming that there will be No 200 Riverside????????????????

Can you give us the source on that info, please? It sure likes like they are going forward at that site.

heights unknown

Quote from: stephendare on May 24, 2010, 10:44:56 PM
Quote from: 9a is my backyard on May 24, 2010, 10:42:16 PM
I can't wait to hear more.  Not ready to let my guard down quite yet, but as long as the plans don't involve demolition, anything is better than their current condition.

No demolition whatsoever.  All plans are for rebuilding, rehab and new construction. 

I know I am late in responding but all of this regarding the Central Core (Laura Project) has my juices oozing.

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iMarvin

I like the idea of the 'Bank Hotel.' I don't want Marriot to come in and mess up the building. The 'Bank Hotel' is much nicer.

duvaldude08

Quote from: iMarvin on June 22, 2011, 02:57:03 PM
I like the idea of the 'Bank Hotel.' I don't want Marriot to come in and mess up the building. The 'Bank Hotel' is much nicer.

Marvin, in an earlier post I questioned Stephendare about the status of the project. In that post he stated that some changes were made. Im thinking that the bank hotel idea was one of those changes. It may have been easier to go with a National Chain. OR It could be barnett bank themed Marriot. (only the developers would know deez details. Im just taking a stab at i t.)
Jaguars 2.0

cline

Quote from: MusicMan on June 22, 2011, 02:52:28 PM
This thread/discussion is now claiming that there will be No 200 Riverside????????????????

Can you give us the source on that info, please? It sure likes like they are going forward at that site.

What you see going on is the water feature/fountain/pond that is part of the infrastructure improvements being done by the City.  200 Riverside is still delayed.

iMarvin

Quote from: duvaldude08 on June 22, 2011, 03:06:27 PM
Quote from: iMarvin on June 22, 2011, 02:57:03 PM
I like the idea of the 'Bank Hotel.' I don't want Marriot to come in and mess up the building. The 'Bank Hotel' is much nicer.

Marvin, in an earlier post I questioned Stephendare about the status of the project. In that post he stated that some changes were made. Im thinking that the bank hotel idea was one of those changes. It may have been easier to go with a National Chain. OR It could be barnett bank themed Marriot. (only the developers would know deez details. Im just taking a stab at i t.)

I really hope they don't change that because that was a nice concept. I wouldn't mind Marriot owning/operating the hotel as long as the 'Bank Hotel' aspect was kept. I'm still happy that something WILL happen to that building.