Hilton Worldwide has reached a deal to open a 195-room Homewood Suites less than a block from Nationals Park's in Washington, D.C., one of a handful of new hotels in the works by the stadium.
Hilton is teaming up with a development group including Bethesda's Englewood LLC, which plans to develop the 11-story hotel at 50 M St. SE, reports the Washington Business Journal.
Englewood and its affiliate, KGC 50 M LLC, acquired the site in May for $13 million from MR Ballpark 6 LLC.
"The Homewood Suites by Hilton is a very strong brand," Finkelstein said. "This kind of a hotel, an extremely strong hotel, is a good fit for Washington in general and for this location specifically."
In addition to the planned Homewood Suites, the Buccini/Pollin Group is developing a 168-room Hampton Inn & Suites by First and N streets SE and Grosvenor Americas and Skanska USA Commercial Development Inc. have teamed up to develop Square 701, which is slated to include a 170-room hotel. A little further away, The Wharf is slated to include a 278-room Intercontinental Hotel.