The Key Bridge Marriott and the 5.5 acres of prime Rosslyn real estate around it are being purchased by a pair of Los Angeles investment firms for $190 million, the Washington Business Journal reported today (Friday).
The firms plan to invest in rehabbing the hotel, WBJ reports, and a portion of the partially-wooded site between Lee Highway and the GW Parkway is expected to be redeveloped as new residential properties and possibly some retail. The buyers were among a number of companies with redevelopment visions bidding to acquire the site, ARLnow.com hears.
The hotel first opened in 1959 as the Key Bridge Motor Inn, one of Marriott’s earliest hotels (the first was the Twin Bridges Motor Hotel, in Arlington near the 14th Street Bridge).
Photo via Google Maps
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We invite you to visit our website and explore our full Summer Session schedule, brimming with a diverse range of classes and camps. Classes and camps begin June 20th. Unleash your inner artist, broaden your horizons, and embark on a summer adventure like no other. Let’s make this a summer to remember at Art House 7!
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Our wide range of massage services includes Swedish, deep tissue, prenatal, sports massage, hot stone, aromatherapy, and more — all tailored to your individual needs. Whether you’re seeking relief from stress, muscle tension, or chronic pain, our skilled therapists will help you achieve total wellness.
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