JFB Construction Holdings has announced that it has signed a US$18 million contract for the development of a Marriott Hotels project. The company that focuses on commercial, retail and residential property development will construct a Courtyard by Marriott with 117 rooms. The hotel will be located in Olive Branch, Mississippi. Construction on the project is expected to begin in early June of this year. Furthermore, the construction company has been signed as the co-developer for the project.
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“This is a major milestone for JFB Construction, as we are also a general partner in this Marriott hotel project, aligning with the goals we have set for the future of the company. We were active in the land acquisition process, and we have an ownership position in this location. Furthermore, Courtyard by Marriott is a nationally recognized brand of hotels, and we believe that the successful completion of this project will lead to additional projects as well, as we ramp up our efforts to become increasingly active in the hospitality development sector,” said CEO Joseph F. Basile, III.
Project Overview
Location: Olive Branch, Mississippi
Co-Developer: JFB Construction Holdings
Contract value: US$18 million
Construction start date: June 2025
Upcoming Marriott Hotel projects in the country
Further south of the country, Marriott Hotels is also developing a new European-inspired AC Hotel. Located in St. Augustine, Florida, the hotel will have 142 rooms spread across four floors. Construction on this project began in April last year and is expected to be completed by fall of this year. While no information about the amenities at the Courtyard by Marriott in Olive Branch have been announced, the AC Hotel in Florida will have a 24-7 fitness center; and a stylish outdoor lounge pool ideal for cooling off after a day of exploration. Additionally, it will feature 1,500 square feet of flexible meeting space, and will be well equipped to host weddings, corporate meetings, and special events.
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