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[[Image:The Marketplace rendering.jpg|right|thumb|275px|Rendering of The Marketplace]] | [[Image:The Marketplace rendering.jpg|right|thumb|275px|Rendering of The Marketplace]] | ||
The '''Marketplace''' is a planned hotel and entertainment district to be located adjacent to the [[Birmingham-Jefferson Convention Complex]] in [[downtown Birmingham]]. The $70 million project is being developed by National Ventures Group LLC of Atlanta, Georgia with $57 million in public bonds issued by the BJCC authority and backed by an extension of the city's existing 14% lodging tax, with no additional incentives from the city. | The '''Marketplace''' is a planned hotel and entertainment district to be located adjacent to the [[Birmingham-Jefferson Convention Complex]] in [[downtown Birmingham]]. The $70 million project is being developed by National Ventures Group LLC of Atlanta, Georgia with $57 million in public bonds issued by the BJCC authority and backed by an extension of the city's existing 14% lodging tax, with no additional incentives from the city. In October [[2010]] the [[Birmingham City Council]] approved a measure to extend the city's 3% lodging tax for 30 years to help fund the project. | ||
The project is set to include 303-room Westin Hotel and space for as many as 20 restaurants, nightclubs, retailers and other tenants. The 10 or 11-story hotel would be owned and operated by the BJCC through its existing contract with Starwood Hotels, operator of the [[Sheraton Birmingham]]. The two hotels would share a back-office. | The project is set to include 303-room Westin Hotel and space for as many as 20 restaurants, nightclubs, retailers and other tenants. The 10 or 11-story hotel would be owned and operated by the BJCC through its existing contract with Starwood Hotels, operator of the [[Sheraton Birmingham]]. The two hotels would share a back-office. | ||
The architect for the prokect is Rabun Rasche Rector & Reece of Atlanta in association with Birmingham's [[NGH Group]]. [[Brasfield & Gorrie]] was announced as lead contractor, along with minority-owned partners [[A. G. Gaston Construction]] and [[Monumental Construction]]. The developer hopes to break ground in Spring 2011 and to open the hotel in [[2012]]. | The architect for the prokect is Rabun Rasche Rector & Reece of Atlanta in association with Birmingham's [[NGH Group]]. [[Brasfield & Gorrie]] was announced as lead contractor, along with minority-owned partners [[A. G. Gaston Construction]] and [[Monumental Construction]]. The developer hopes to break ground in Spring 2011 and to open the hotel in [[2012]]. | ||
Revision as of 12:58, 5 January 2011
The Marketplace is a planned hotel and entertainment district to be located adjacent to the Birmingham-Jefferson Convention Complex in downtown Birmingham. The $70 million project is being developed by National Ventures Group LLC of Atlanta, Georgia with $57 million in public bonds issued by the BJCC authority and backed by an extension of the city's existing 14% lodging tax, with no additional incentives from the city. In October 2010 the Birmingham City Council approved a measure to extend the city's 3% lodging tax for 30 years to help fund the project.
The project is set to include 303-room Westin Hotel and space for as many as 20 restaurants, nightclubs, retailers and other tenants. The 10 or 11-story hotel would be owned and operated by the BJCC through its existing contract with Starwood Hotels, operator of the Sheraton Birmingham. The two hotels would share a back-office.
The architect for the prokect is Rabun Rasche Rector & Reece of Atlanta in association with Birmingham's NGH Group. Brasfield & Gorrie was announced as lead contractor, along with minority-owned partners A. G. Gaston Construction and Monumental Construction. The developer hopes to break ground in Spring 2011 and to open the hotel in 2012.
See also
- The Forge, an unbuilt proposal for the same site
References
- DeButts, Jimmy (March 26, 2010) "Lodging tax extension eyed to spur entertainment district." Birmingham Business Journal
- Tomberlin, Michael (May 2, 2010) "$70 million hotel, retail plan proposed near Birmingham-Jefferson Convention Complex." Birmingham News
- Bryant, Joseph D. (May 10, 2010) "Birmingham Mayor William Bell to unveil hotel, retail BJCC plans." Birmingham News
- Bryant, Joseph D. (June 9, 2010) "Developer shows new sketches of proposed Westin Hotel." Birmingham News
- Bryant, Joseph D. (October 19, 2010) "Birmingham City Council approves hotel funding, gives initial approval on stadium." Birmingham News
- Williams, Roy L. (January 5, 2011) "Contractors named for Birmingham entertainment district hotel." Birmingham News