Friday, December 21, 2018

Vancouver, USA Approves Hotel Lease

By Karen Robes Meeks

The Port of Vancouver USA Board of Commissioners recently agreed to a new lease with T1 Hotel LLC, allowing for a 160-room AC by Marriott Hotel to be built at Terminal 1.

This replaces the original lease inked in August 2017 between the port and Vancouver, Washington-based owner of T1 Hotel Vesta Hospitality. According to the port, it incorporates subsequent amendments and includes language on green building standards and ground stabilization necessary to construct at the waterfront.”

Work on stabilizing the ground that will support the hotel and future Renaissance Trail connection through Terminal 1 is anticipated to start next year. Meanwhile, the hotel, which will be LEED Gold certified, is expected to be ready in 2021 and is projected to employ more than 80 workers.