ATLANTA—Noble Investment Group and IHG (InterContinental Hotels Group) have formed a joint venture to develop a dual-branded EVEN Hotels and Staybridge Suites hotel in downtown Seattle. The nine-story building, expected to open in mid-2017, will be located at the intersection of Mercer St. and Fairview Ave. North, adjacent to the Amazon urban campus in the South Lake Union area. This new dual-branded hotel will be the first EVEN Hotels property on the West Coast and the third Staybridge Suites property in the Seattle market.
Joel Eisemann, chief development officer, The Americas, IHG, said: “This project demonstrates the strong momentum behind IHG’s new and established brands and shows our commitment to growing in high-profile, high barrier to entry markets with experienced owners.”
Rodney Williams, chief investment officer, Noble, added: “The South Lake Union area of downtown Seattle is a dynamic confluence of medical, corporate and leisure demand anchored by the expanding global headquarters of Amazon.”
The 123-room EVEN Hotel Seattle – Downtown/South Lake Union will feature an Athletic Studio; flex space for small group fitness classes; guestrooms with the In-Room Training Zone; and Cork & Kale Market and Bar, which offers a menu of freshly prepared food items and signature cocktails. The hotel will also include more than 2,000 sq. ft. of meeting space and an outdoor garden.
The 112-room Staybridge Suites Seattle – Downtown/South Lake Union will feature a mix of studio and one-bedroom suites, and amenities such as a complimentary daily hot breakfast buffet and evening reception, guest laundry room and a 24-hour business center.
The area is home to a mix of retail, office and residential buildings, and continues to substantially grow as a major hub for technology and life science organizations. The area is also supported by 170 acres of parks, as well as lakefront access and a myriad of alternative transit options.
The hotels will be a joint venture between Noble and IHG and will be managed by an affiliate of IHG.