Development Groundbreaking Scheduled for Mid-2023

Courtyard by Marriott Gainesville

Celebrate Groundbreaking of the Courtyard by Marriott Gainesville, Georgia

Capstone Property Group, LLC, McKibbon Places and McKibbon Hospitality recently celebrated the official groundbreaking of the Courtyard by Marriott Gainesville, Georgia on Monday, December 6. The 130-room select-service hotel is set to anchor the highly anticipated mixed-use development, The National - a revival and redevelopment of Gainesville's long-vacant First National Bank building, whi ch also broke ground during the event. Both the hotel and The National are anticipated to open in mid-2023.

Capstone Property Group, LLC purchased the iconic First National Bank building from investment group, 111 Green Street, LLC in 2019 with the intent to convert the building into a 50-room hotel. Plans quickly evolved to provide Gainesville with an attractive live-work-play development, including not only a hotel, but also mixed-use and residential offerings.

The Courty ard, which will offer 130 rooms and five suites across seven stories and 77,000 sq. ft., will connect to The National's main building and existing structure by way of a courtyard plaza and lobby. In addition to comfortable, modern accommodations and a state-of-the-art fitness center, leisure and business travelers and Gainesville residents alike will appreciate the hotel's thoughtful spaces designed for entertaining and connecting such as the lobby lounge and bar with outdoor dining space and an elevated terrace with bar service, perfect for hosting outdoor gatherings and activities.

Local architect Steve Hill of H. Lloyd Hill Architects is overseeing the design of The National's Luxury Apartments with McKibbon Places providing development and project management services for the hotel component of the project and McKibbon Hospitality taking on management of the hotel, which is anticipated to employ up to 45 individuals post-opening.

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Courtyard by Marriott is the hotel brand of choice for trailblazing guests who are inspired by a passion to do great things. With more than 1,250 locations in over 55 countries and territories, Courtyard is passionate about empowering its guests and serving the needs of travelers everywhere, no matter the purpose of their trip. Its thoughtfully designed guestrooms provide an elevated experience to relax and recharge, complete with plush...

Marriott International, Inc., (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.

Headquartered in Tampa, FL, McKibbon Hospitality creates memorable hospitality experiences that inspire brand and property loyalty. It’s how we’ve grown into one of the largest (and most awarded) hotel management companies in the country. We operate dozens of hotels for Marriott, Hilton, Hyatt, IHG, and other iconic hospitality brands. Our legacy is built on a foundation of integrity, anchored in how we value our guests, treat our associates...