Skanska has signed a contract with Eighth and Demonbreun Hotel LP to manage the construction of its new 533-key JW Marriott Hotel and will include $153 million in order bookings for Skanska USA Building in the second quarter 2016.
The new 810,602-square-foot, 33-story luxury hotel will include 533 guest rooms and suites; 38,143 square feet of ballroom and meeting spaces; four food and beverage outlets, including a 250-seat restaurant, 200-seat rooftop specialty restaurant, lobby bar and coffee shop; and a 518-car below-grade parking garage.
The JW Marriott will sit on a 3.72-acre site located on the southwest corner of the intersection of Eighth Avenue South and Demonbreun Street in the city’s SoBro District.
Smallwood, Reynolds, Stewart, Stewart is the architect for the project. Construction will begin in June 2016 and is slated for completion in June 2018.