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Comstock and Marriott International Announce Plans to Develop Virginia’s first JW Marriott at ...
Comstock Holding Companies, Inc.February 11, 2021 GMT
RESTON, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Comstock Holdings Companies, Inc. (Nasdaq: CHCI or Comstock) announced that one of its managed companies, CRS Hotel, LC has entered into a Franchise Agreement with Marriott International (Nasdaq: MAR) providing for the development and operation of Marriott’s luxury brand hotel, a JW Marriott in Reston, Virginia. The approximately $250 million project will be the centerpiece of the next phase of Comstock’s 60+ acre mixed-use and transit-oriented Reston Station development.