For years there were rumors of a Hard Rock or a hip Ian Schrager hotel or something like that for the area around LA Live in South Park. Instead, they built a Marriott (the JW Marriott/Ritz tower), and another couple Marriotts (the under-construction Courtyard/Residence Inn across the street), and now hey look, another Marriott is coming! It was announced this morning that LA Live developer AEG and double-Marriott developer Williams/Dame & Associates will be building a Renaissance Hotel (a Marriott brand!) on the northeast corner of Olympic Boulevard and Georgia Street, right next to the Courtyard/Residence Inn project. The hotel will have 450 rooms and, according to the LA Times, "will be more than 20 stories tall." A press release says "The approximately $200M project is anticipated to begin construction in first quarter of 2014 and completed by early 2016." Meanwhile, the Courtyard/Residence Inn hotel is slated to open in July 2014. The city and Downtown boosters have been dying for new hotel rooms around the Convention Center, so we're sure the latest Marriott will make everyone very happy (and maybe even a little tax-break-hand-out-y).
· South Park Double Marriott Tower Set to Start Work Next Month [Curbed LA]