Marriott Hotel Construction Begins in Cincinnati; First Investors Acquires Cambria Property
Construction has started on a $325 million Marriott hotel in downtown Cincinnati. The project is expected to open in late 2028 and will feature 700 rooms, along with significant meeting space and rooftop amenities. Developed by Portman Holdings alongside 3CDC and designed by Cooper Carry and Moody Nolan, the hotel aims to enhance Cincinnati's appeal for conventions and events as part of a broader revitalization plan. In another development, First Investors has acquired Cambria Hotel Milwaukee Downtown in Wisconsin. The upscale property will undergo renovations over the next year to better align with market demands. This acquisition expands First Investors' portfolio of strategically located U.S. hospitality assets.
Topics: cincinnati hospitality real estate