Duke University is getting into the hotel business with a $62-million development on the school's West Campus in Durham, N.C.
The new JB Duke Hotel was named after James Buchanan Duke, creator of The Duke Endowment in 1924 and the son of Washington Duke, after whom the university was named. It will replace existing hotel accommodations Duke had been using for visiting executives in the Fuqua School of Business' training and education programs.
The new building will consist of 198 guestrooms across seven stories. The building will have 20,850 square feet of meeting, classroom and event space, as well as a 5,450-square-foot ballroom, an in-house restaurant and two bars.
When it opens January 2017 at 230 Science Drive, the hotel will be managed by WDI Hospitality. WDI also manages the Washington Duke Inn & Golf Club, which is also located on the Duke campus and is owned by the university.