Today, reports Prime Property’s Nancy Sarnoff, the city and developer Rida announced that an agreement has been reached and construction will begin soon on the 1000-room Downtown Marriott Marquis — the one with that Texas-shaped lazy river on the roof. A batch of renderings that Morris Architects released last year suggest that the hotel will replace what’s now a surface parking lot at Walker St. and Avenida de las Americas near Minute Maid Park, Discovery Green, and the George R. Brown Convention Center. Additionally, the Houston Business Journal’s Olivia
Pusinelli Pulsinelli reports that much of the initial funding oomph for the development will come from Houston First, which will pay to acquire the property and to add a parking garage before transferring the holding to Rida. [Prime Property; Houston Business Journal; previously on Swamplot] Rendering: Morris Architects
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