Marriott International has announced the commencement of construction of the Gaylord Pacific Resort and Convention Center in Chula city, Port of San Diego, California, US.
A ground-breaking ceremony was held on the more than 500-acre Chula Vista Bayfront, site of the anticipated 1.8 million-square-foot Gaylord Pacific.
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The ceremony was attended by the Gaylord Pacific’s developers RIDA Development Corporation (RIDA Development) and Ares Management (Ares), funding partners and city and state officials.
Marriott International CEO Anthony Capuano said: “We are thrilled to announce the growth of the Gaylord Hotels brand with the addition of the Gaylord Pacific Resort & Convention Center.
“Adding a West Coast group destination of this scale and quality to Marriott’s portfolio will provide our customers the exceptional meetings and events service and design that the Gaylord Hotels brand is known for in a highly desired, premier Southern California location.”
The resort and convention centre will be managed by Marriott International under a long-term management agreement.
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By GlobalDataThe Gaylord Pacific will feature 1,600 hotel rooms, including 89 spacious suites with 12 presidential suites.
The project is expected to open in summer 2025 and will serve as an important component of the Chula Vista Bayfront, located in Chula Vista and within close proximity to San Diego.
It will provide 360-degree views with San Diego Bay to the west and Chula Vista Marina to the south, offering views across the bay and on to the Pacific Ocean.
RIDA Development Corp CEO Ira Mitzner said: “The closing of the Gaylord construction loan and the commencement of construction will bring over 10,000 construction jobs and over 4,000 direct and indirect permanent jobs to the state of California.
“This $1.275 billion project represents the finest of public-private partnership and will create a strong and unique economic engine for the City of Chula Vista, Port of San Diego, and State of California for many decades to come.”
Ares Real Estate partner Andrew Holm said: “We are excited to celebrate the groundbreaking for the Gaylord Pacific and the further expansion of our collaboration with RIDA Development and Marriott.
“We are pleased to have the support from the City of Chula Vista, Port of San Diego, and the State of California, and we look forward to working closely with them to realize the potential benefits for stakeholders in the community.”
Marriott, along with the owner and development led by RIDA Development and a real estate fund managed by Ares Management, announced the closing on a $685m construction loan from a nine-bank consortium.
Gaylord Pacific is expected to provide nine signature dining options with over 418,746ft2 of indoor and outdoor convention centre space, inclusive of a flexible 143,553ft2 exhibit hall, up to 62 technologically advanced breakout and conference rooms, five outdoor event lawns and terraces.
It would also feature a full-service Relâche signature spa and salon, and a fitness centre, a premium outdoor waterpark complex with water slides, ample pool seating and cabanas.
The Chula Vista Bayfront is a waterfront site situated seven miles south of downtown San Diego. To be constructed in phases over several years, this will serve as a mixed-use development.
Currently, Marriott International operates five Gaylord Hotels across Nashville, Tennessee; Kissimmee, Florida; Grapevine, Texas; National Harbor, Maryland; and Aurora, Colorado.
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Image: The resort will provide views across the Chula Vista bay and on to the Pacific Ocean Credit: Engin Akyurt from Pixabay.
