Washington, DC (PRWEB) March 03, 2014 - Hilton Worldwide and Englewood LLC today announced plans for a 195-suite Homewood Suites by Hilton, Hilton Worldwide's international brand of upscale, all-suite, extended-stay hotels, to be developed by KCG 50 M LLC, an affiliate of Englewood LLC, in the Capitol Riverfront neighborhood of downtown Washington, DC. Homewood Suites Washington DC - US Capitol / Ballpark Area will be located at 50 M Street SE, directly across from the Navy Yard Metro station, one block from Nationals Park and proximate to Capitol Hill, The Yards Park, and the National Mall.
Construction of the eleven-story building is expected to commence in the late 2014/early 2015 with opening planned for the second quarter of 2016.
"Hilton Worldwide is actively expanding the Homewood Suites by Hilton brand in major urban markets throughout the United States, and we are excited to be working with Englewood to bring Homewood Suites to this rapidly growing area," said Bill Duncan, Global Head, Homewood Suites by Hilton.
Ken Finkelstein, President of Englewood LLC, said, "We are very excited to be working with Hilton Worldwide. This product is the perfect fit for the vibrant, diverse mixed-use environment that is developing in and around the Capital Riverfront area of Washington."
KCG 50 M LLC is a collaboration between Englewood LLC and CG Investments, a Washington, DC real estate investment and development organization formed by Greg and Candy Fazakerley subsequent to their ownership and management of Development Resources, Inc. (DRI), one of the leading private real estate development firms in the Washington, DC region. This is the two firms' second such venture; they are also jointly developing a 208-key select service hotel in the Harbor East submarket of downtown Baltimore, with delivery scheduled for late this year.
Upon completion, Homewood Suites Washington DC - US Capitol / Ballpark Area will contain 195 attractively designed guestroom suites with a contemporary décor package. Ideal for both business and leisure travelers, Homewood Suites by Hilton offers roomy studio, one-and two-bedroom suites, with additional guest amenities including daily complimentary full hot breakfast in the hotel's hospitality center - the "Lodge" - a full evening meal with drinks Monday - Thursday*, and a 24-hour Suite Shop/Pantry. The hotel will also offer complimentary internet, a fully equipped 24-hour fitness center, an indoor pool, rooftop terrace, business center and grocery shopping service.**
Homewood Suites by Hilton received the highest ranking in the J.D. Power 2013 North America hotel Guest Satisfaction Index Study? in the upper extended stay segment. This is the fourth consecutive award – and tenth award in the past 13 years for the brand - since J.D. Power began ranking hotels in 1999.
The planned building will also contain approximately 5,000 square feet of well-located and highly visible retail space on M Street, directly across from the Metro entrance.
Homewood Suites by Hilton is an upscale, all-suite, residential-style hotel with more than 300 hotels open in the United States, Mexico and Canada. Homewood Suites by Hilton is the first choice for guests seeking comfortable, home-like accommodations when traveling for an extended stay. Beyond its spacious suites, which feature separate living and sleeping areas, and fully equipped kitchens with full sized refrigerators, additional value-driven amenities include: complimentary Internet, a daily full-hot breakfast, and healthy, delicious evening meals with drinks every Monday-Thursday*. The brand is focused on guest satisfaction and stands behind each stay with its 100% Suite Assurance® guarantee. For more information, please visit http://www.homewoodsuites.com.
*Service of alcohol subject to state and local laws. Must be of legal drinking age.
**Guest pays for groceries. Other restrictions apply.
Hilton Worldwide is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 94 years, Hilton Worldwide has been dedicated to continuing its tradition of providing exceptional guest experiences. The company’s portfolio of ten world-class global brands is comprised of more than 4,000 managed, franchised, owned and leased hotels and timeshare properties, with nearly 672,000 rooms in 90 countries and territories, including Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Hotels, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The company also manages an award-winning customer loyalty program, Hilton HHonors®. Visit http://www.hiltonworldwide.com for more information and connect with Hilton Worldwide at http://www.facebook.com/hiltonworldwide, http://www.twitter.com/hiltonworldwide, http://www.youtube.com/hiltonworldwide, http://www.flickr.com/hiltonworldwide and http://www.linkedin.com/company/hilton-worldwide.
Englewood LLC is a privately-held real estate investment, development and consulting company headquartered in Bethesda, Maryland.
Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When we use the words "will," may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside of Englewood LLC’s or Hilton Worldwide's control, which could cause actual results to differ materially from those expressed in or implied by the content of this document. Forward looking statements made in this press release are made only as of the date of their initial publication and neither party undertakes an obligation to publicly update any of these forward looking statements as actual events unfold.
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