Marriott Springhill Suites at Old Dominion University, Norfolk, Va
Investment Amount: $14,000,000
Closing Date: December 2006
Development of a 110-room Marriott Springhill Suites hotel to be developed adjacent to Old Dominion University.
Developer/Operator committed to co-sponsor a workforce development initiative, in partnership with local housing authority and Empowerment Zone to train and hire public housing residents for hotel positions.
Project is an integral component of a comprehensive redevelopment initiative administered by the Norfolk Redevelopment and Housing Authority.