Construction on a 20-story hotel tower at the EpiCentre in Charlotte, N.C., is slated to begin in early 2015.
McKibbon Hotel Management will work with real estate firms Vision Ventures and Mount Vernon Asset Management to build a dual-brand hotel roughly 200,000 square feet in size.
The hotel project will have a 182-room AC Hotel and a 120-room Residence Inn, both Marriott International brands.
Vision and Mount Vernon have owned and operated the EpiCentre since 2010. Those firms recently sold the uptown Charlotte property to Los Angeles-based CIM Group for $130.5 million.
The Charlotte location will be among the first AC Hotels to be built in the United States — the brand originated in Europe in 1998. Others are planned in Kansas City, New Orleans, New York City and Miami.
The project is estimated to take about 18 months to complete. The hotels will be located in space initially planned for a condominium project on the Trade Street side of the property.