Quote:
Originally Posted by kornbread
I think that empty lot is there in the first place because the original developer of the mall left open the possibility of adding office or a second hotel to the mall.
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that would make sense, but the plans released intended to build a parking garage on that lot in order to utilize the current garage space on commerce...
how much more savvy to utilize both the commerce st frontage and macy's (which is neighbor to marriott rivercenter)....
if marriott intended to expand their DT convention presence (with the grand hyatt threatening to steal a little of their thunder as the new large convention host hotel), they would be wise to purchase or otherwise make use of the macy's space, which would allow them a larger convention footprint.
and what is marriott's upscale brand? ritz-carlton, people. the same that was rumored to be the brand for that hotel site long ago. perhaps a little partnership is in the works that would allow them to build the upscale hotel and use the combined ballroom/convention space as one...thereby remaining the convention hotel champion of SA...
and all of this (which is beautiful speculation, right?) would mean that the commerce street location (rc comedy garage) would be in prime position to become the residential portion of the deal.
even two 25-story towers would dramatically thicken up the skyline over there....