3CDC and the developer, Portman Holdings, plan to start construction on a $480 million convention center hotel project in Cincinnati, Ohio during the first quarter of 2025. The new 800 guest room hotel at 251 W. Fifth St., which does not yet have a national hotel flag, will have 80,000 square feet of meeting rooms and 45,000 square feet of ballroom space. Skanska USA is the lead general contractor, Bayer Becker is the civil engineer, Piper Sandler is the capital markets partner. The project will take 33 months to complete.
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