The project held its official groundbreaking ceremony yesterday. The hotel, which is expected to open mid-2013, will feature 11 floors and 183 all-suite rooms.
The Residence Inn is part of the Founders Square development, which by fall 2014 is expected to consist of two high-rise office buildings, one high-rise 257-unit apartment building, and a smaller building reserved for retailers — in addition to the hotel. All told, the complex will feature 775,000 square feet of office space and 28,000 square feet of retail space.