Portman Closes on $540 million in Financing to Develop Cincinnati Downtown Marriott Hotel
700-key hotel anchors the city’s $828 million reimagined Convention Center District
National developer Portman, in partnership with the City of Cincinnati, Hamilton County, the State of Ohio, Cincinnati Center City Development Corp. (3CDC), The Port of Greater Cincinnati and Visit Cincy, today announced it has closed on $540 million in financing to develop the Cincinnati Downtown Marriott hotel. The official groundbreaking for the hotel is planned for Tuesday, July 21 at 10 a.m.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260624269785/en/ Rendering: Cincinnati Downtown Marriott hotel
The new, full-service hotel will anchor the city’s reimagined Convention District, bringing 700 rooms, 60,000 square feet of meeting space, a 17,000-square-foot events terrace and upscale amenities to serve the needs of group, business and leisure travelers. Connected to the newly renovated First Financial Center via skybridge, the hotel will also include multiple ballrooms and ground-floor retail.
