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Four firms pitch hotel near new Falcons stadium | News

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Four firms pitch hotel near new Falcons stadium

ATLANTA -- Four developers will compete to build a new hotel alongside the new Falcons stadium. One of the potential developers says he wants the Atlanta Falcons to be part of the project. 

Atlanta based Legacy Property, which built the Embassy Suites hotel near Centennial Olympic Park, is one of the bidders. David Marvin, president of Legacy Property, told 11Alive News that he's "highly desirous of finding a way to partner with the Falcons" in the hotel project.  Marvin says his group has begun talks with the Falcons but "it's too early in the process" to says how much of a stake the Falcons would have in the project if the GWCC selects his firm to build the hotel. 

Legacy has pitched a joint venture with Stormont Hospitality, another Atlanta-based company.  Three other companies – Capella Hotel Group, Drew Company and Matthews Southwest – have also pitched projects.  A spokeswoman for the Drew Company declined comment. The other two companies had not responded to requests for comment by late Monday. 

The Atlanta Falcons, the team that will play in the new stadium under construction nearby, have pitched being an equity partner in the hotel, according to the Request for Proposals issued by the Georgia World Congress Center.

"I do think a hotel on the property downtown would be a good decision," said Falcons owner Arthur Blank last month. He conveyed some enthusiasm about the Falcons as a potential hotel owner, when questioned about it by 11Alive News.

"We'd be supportive of it. And obviously we would have an interest in it. So we have an interest in it, potentially financially," Blank said. "Depends on the timing, what the needs are, what the situation is, what the opportunities are." Blank is already spending more than a billion dollars on construction of the new stadium, due to open in 2017.

It will also depend on whether the winning bidder wants the Falcons as a hotel partner. The partnership is optional. The GWCC Authority board will decide which proposal to choose.

Although the Falcons role in the hotel is to be determined, the hotel project seems all but a done deal. As pitches have gone out for Super Bowl and NCAA Final Four events at the new dome – those pitches also talk about the hotel right next door as a reason to choose Atlanta.