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Which 'Ultra High-End' Boutique Hotel is Coming to D.C.?

April 6, 2009 at 3:28 PM | by | Comments (2)

We've got some hot goss out of our nation's capital today: according to the Washington Business Journal, an "ultra high-end" 50-room hotel is on its way to Georgetown. Castleton Holdings Inc. and ICG Properties have "attracted an undisclosed high-end, boutique operator" to put its name on the hotel, which will be at the site of the former headquarters of the American Trial Lawyers Association (yes, the building pictured above that resembles your college dorm).

From the article:

Although the partners will not identify the hotel operator they have selected, [a rep] said, "The hotel concept we're looking at is unlike anything currently in D.C."

The freestanding five-story brick building on 4,400 square feet along the Chesapeake & Ohio Canal path is vacant. The developers plan to begin the rehab at the end of this year and open the hotel in 2011, but still need financing.

Ah, the ol' "still in need of financing." We won't get our hopes up — but we're dying to know who's interested. It's a bit small to be a Denizen, but maybe something from Kor? An Ace? A fashion hotel? Maybe a newbie from Desires?

We're not sure what to expect here, but feel free to give us your ideas.

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Kor?

Didn't Kor Hotels own the Jefferson in DC for a short time?  It wouldn't surprise me if they were going to try again.  The Viceroy Santa Monica doesn't look like much from the outside.
JonathanA8 on April 6, 2009 at 4:16 PM #Permalink

i think

kor used to manage it.  i think some big new york money owned it and its gonna open without anything resembling a brand (the jefferson that is)

it would make sense for kor to get back into dc, since they dont really have a presence here at all.  

its a weird building and its gonna take forever to get going if they dont have any money in place right now.  at 50 rooms, it'll easily be another $5-10M on top of the purchase price to turn that into something 'ultra high end'

bangerang on April 6, 2009 at 5:52 PM #Permalink

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