Notes on 7th/Market: The Ritz Carlton is only about 25 max 30% of the project its just the upper floor section. Most of it is residential and office space. If it broke ground now it would open in late 23 early 24. By then we should have a lot of that biotech office space online so more high end business travel could fill those rooms.
Even if tourism/convention biz is only at 70% of pre CV levels in early 24 this is a small and unique property as it will be the only 5 star hotel in DT so it has a decent shot
at staying full.
Question: What is up with East Village Green Park that was supposed to have started construction last year anyone heard any updates?
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