AC Hotels by Marriott is an upscale, lifestyle brand targeting a younger consumer generation with “design-led sensibilities” and is Marriott’s first select-service offering to be launched in over fifteen years. The brand is Marriott’s answer to Starwood Hotel’s Aloft among others, but setting out to bring a new modern design style to the select-service segment through the development of stylish, European-inspired urban hotels appealing to upper-moderate tier business and leisure travelers. Marriott already has over 50 AC Hotels in pipeline, of which 37 are under contract. The Orlando and Tampa AC Hotels will be the first to open in their respective markets.
Part of the MetWest International complex, a beautifully designed and nationally recognized mixed-use development and one of the most important, new projects in the Tampa Bay area, boasting six upscale restaurants and bars within a few feet as well as a variety of large corporate tenants. High-traffic location in the heart of Westshore, Florida’s largest office district, supporting over 13 million SF of office space and 4,000 businesses with 100,000 employees within a 5 square-mile radius.
Adjacent to International Plaza and Bay Street, an upscale shopping and entertainment center managed by Taubman Centers, and Tampa International Airport, currently undergoing one of the largest airport expansion projects in the U.S. (expected to double its current capacity to over 35 million passengers per year). Proximity to Downtown Tampa, Raymond James Stadium and George M. Steinbrenner Field. Rapidly expanding local economy registering 11.5% increase in gross metropolitan product over the last five years and low unemployment (at 5.1%, over 50 basis points lower than both state and national averages).
Development Cost: $25,000,159