JBG, Marriott Break Ground on Two Hotels That Will Pursue LEED Certification
Posted by at Oct 23rd, 2008 in Green Design
CRYSTAL CITY, VA.—Congressman Jim Moran (D-VA-8) and Chris Zimmerman, Arlington County Board Member, joined The JBG Companies and Marriott International, Inc. this past week to officially break ground on two major hotels: the Renaissance Crystal City Potomac Yards and the Residence Inn Crystal City Potomac Yards. The hotels are owned by The JBG Companies and will be managed by Marriott. Both properties are anticipated to be LEED certified “green†buildings when complete—the first hotels of such distinction in Arlington County. Wells Fargo arranged $128.7 million in construction financing for the project. Three other financial institutions participated in the loan. Katherine Reid of Wells Fargo Real Estate Merchant Banking Group in Washington oversaw the transaction.
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