Largest African American Owned Resort in the US
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The Crosstown Center
Development.....a 175-room Hampton Inn & Suites
 The Crosstown Center development, linking Roxbury and
downtown, has been a dream of Mayor Thomas M. Menino and developer Kirk Sykes
for half a decade. Yesterday, they stuck shovels into the ground.
Boosted
by $17 million in public funding, the first phase - a 175-room Hampton Inn &
Suites hotel, restaurant and retail space, and a 650-car parking garage - is now
underway at the corner of Massachusetts Avenue and Melnea Cass Boulevard. It is
scheduled to be completed by May 2004, just in time for the Democratic National
Convention that summer.
''This is the largest minority-owned development,
we believe, anywhere in the country,'' Menino said. ''Today's another day of
victory in Boston's neighborhoods.''
Sykes, who is teaming up with
partners including Corcoran Jennison on the $140 million project, said it is one
of the largest projects controlled by a minority group in any empowerment
zone. Full Story....
Time Extended For
Bids On Baltimore Convention Hotel....RLJ has emerged as the
front-runner.
The
Baltimore Development Corp. has extended the deadline for developers to submit
proposals for a long-awaited convention headquarters hotel. Approximately eight
developers have called Baltimore's leading economic development agency for the
request for proposals, which outlines the need for a hotel next to the expanded
Baltimore City Convention Center by 2006.
However, the BDC cautioned all
those calls may not translate into hotel plans for the city-owned site bound by
Paca, Pratt, Howard and Camden streets, since several developers could be
working together, narrowing the field.
So far, RLJ Development LLC, the
Bethesda-based company led by Black Entertainment Television Founder and CEO
Robert Johnson, has emerged as the front-runner. The company's proposal for a
750-room Hilton � in conjunction with Quadrangle Development Corp. of
Washington, D.C. � was showcased during a November news conference at City
Hall. Full Story....
Johnson Unveils Grand
Plans For Salamander Inn & Spa
Jun 20, 2003 -- Sheila Johnson, co-founder of Black
Entertainment Television, entertained a few hundred of her friends and admirers
yesterday morning to celebrate the groundbreaking of her newest dream, the
58-room Salamander Inn and Spa located on 350 acres just outside Middleburg.
Luxury ruled the day as guests filed past a scale model of one of the inn�s
suites featuring everything from plasma screen television to a well stocked
mini-bar. Each bed will be covered in exclusive linens designed by Johnson that
she guarantees will be an experience unto itself.
Full Story....
Black-owned hotel
going up near Stonecrest mall, near Atlanta, GA
Thursday, April 24, 2003
In
another sign of the economic power of DeKalb County's black middle class, a
group of investors has broken ground on what is believed to be DeKalb's first
black-owned hotel.
Three of the hotel's owners are black businessmen
from south DeKalb.
The Microtel Inn & Suites franchise in Lithonia
will be about a mile from the Mall at Stonecrest, but its owners were attracted
more by comments from south DeKalb families who live in one of the country's
most affluent predominantly black areas.
Full Story....
First African
American-owned casino in the U.S. Virgin Islands set for groundbreaking in St.
Croix
Luck seems
to be on Curtis Robinson's side these days. His East Granby, Connecticut-based
C&R Development Company is getting ready to begin construction on his dream:
Seven Hills Beach Resort and Casino in St. Croix, the first African
American-owned casino in the U.S. Virgin Islands.
The St. Croix senate
voted unanimously, approving a re-zoning of St. Croix's Robin Bay area where the
$536 million resort and casino will be built. The project will be handled by
Robin Bay Associates L.L.C., a division of C&R, which was awarded a casino
license in December of 2001.
Full Story....
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