Jayne Kirkpatrick, Director, Public Affairs

Prepared by: John Boyette, Public Affairs Specialist

 

For more information: Public Affairs Department, 919-996-3100

 

July 17, 2013

 

City Council Supports Sale of Convention Center Hotel

 

The Raleigh City Council voted unanimously Tuesday to support the sale of the Marriott City Center hotel to CWI Raleigh Hotel, LLC. Under an agreement with the City of Raleigh, the hotel’s current hotel --- Noble Raleigh Associates, LLC --- is required to obtain the City’s approval before it can assign leasehold interests in the convention center hotel to a new owner.

 

The City is endorsing the sale on the condition the new owner continues the hotel’s business arrangements under the terms of its agreement with the City. In 2004, Stormont-Noble Development of Atlanta was selected by the City Council to be the developer of the hotel. Development of the four-star hotel, located adjacent to the Raleigh Convention Center on the northeast corner of Lenoir and Salisbury streets, included $20 million in public funding for construction of public meeting areas with the facility. The $20 million came from the City/County Interlocal Agreement that allocates revenues from the county-wide hotel and prepared food tax.

 

Opened in 2008, the 17-story Marriott City Center hotel has 400 guest rooms, a 9,000-square-foot grand ballroom, a junior ballroom, meeting rooms, an indoor pool and fitness spa. There is also a restaurant with outdoor dining, a coffee shop, and a pedestrian connector to allow guests to move back and forth between the hotel and the convention center.