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JW Marriott at Reston Station
Crescent Resorts & Resorts has entered right into a administration settlement with an affiliate of Comstock Holding Corporations, Inc. (Nasdaq: CHCI) protecting the JW Marriott at Reston Station. The brand new resort, Virginia’s first JW Marriott and solely the second within the Washington, D.C. area, will anchor the most recent part of improvement at Comstock’s Reston Station, the premier mixed-use and transit-oriented neighborhood within the Dulles Hall.
The JW Marriott at Reston Station is a 28-story glass and concrete high-rise adjoining to the Wiehle-Reston East station on Metro’s Silver Line. Above the 12-floor, 243-room resort will likely be 94 ultra-luxurious JW Marriott-branded condominiums that lately opened on the market. Comstock appointed Marriott Worldwide because the condominium supervisor pursuant to a long-term model administration settlement.
Scheduled to open in mid-2025, the JW Marriott at Reston Station will function a JW Membership, health facility, fine-dining restaurant, a signature bar, and a café. The resort will even provide 25,000 sq. toes of premier occasion house, together with a 9,000 sq. foot principal ballroom and a number of intimate assembly rooms, designed to accommodate conferences, banquets, weddings, commerce exhibits, and extra.
“It is extremely thrilling to be concerned on this prestigious improvement,” mentioned Michael George, President and CEO of Crescent Resorts & Resorts. “Crescent excels in the luxurious full-service resort sector, and Reston Station is a extremely sought-after location. The addition of the JW Marriott Resort to the Reston Station neighborhood will set a brand new commonplace for luxurious and service in each the Dulles Hall and the D.C. area.”
Ideally located throughout from the Silver Line and simply minutes from Dulles Airport, the JW Marriott at Reston Station gives unparalleled comfort and accessibility. It serves because the centerpiece of The Row at Reston Station, the $1.3 billion improvement that spans roughly 1.5 million sq. toes, and is the latest addition to the colourful Reston Station neighborhood, becoming a member of the totally developed Metro Plaza District. The Row at Reston Station will embody high-end residential, workplace, eating, and leisure areas and is concentrated round a big central inexperienced with a brand new LED sculpture that’s the largest high-quality outside display screen within the Washington DC metro space. The display screen, able to broadcasting in Full HD decision with over 2.3 million pixels, consists of rotating pylons that create an immersive viewing expertise, good for occasions.
“Comstock is thrilled to be working with Crescent Resorts & Resorts as supervisor of the primary resort that can open within the expansive Reston Station neighborhood,” mentioned Chris Clemente, Chairman and CEO of Comstock. “The Crescent staff has been instrumental in model choice, market positioning, design, and operational preparations that can make sure the JW Marriott Resort at Reston Station units a brand new commonplace for luxurious within the Dulles Hall whereas offering the premier convention and occasion house in northern Virginia. We sit up for welcoming the primary visitors in mid-2025.”
