Raleigh, NC (PRWEB) August 16, 2007
Privately held Noble Investment Group (Noble), a leading investment management, operating and development organization in the lodging and hospitality industry, today announced the topping off milestone of the 400- room Raleigh Marriott City Center. Established in the epicenter of Raleigh and Wake County's booming downtown, the $75 million hotel is adjacent to the 500,000 square foot Raleigh Convention Center. The Raleigh Marriott City Center and the Raleigh Convention Center are both scheduled to open in the summer of 2008.
The Raleigh Marriott City Center brings four star luxury accommodations to enhance the vibrant dining and entertainment district as part of the $1 billion dollar Raleigh downtown renaissance. The hotel's inviting, plush lobby was designed and developed to be the living room of the Raleigh and Wake County community, where visitors will relax and unwind as they gather to enjoy a morning Starbucks coffee or evening drinks with colleagues around a warm, crackling fireplace.
Located twenty minutes from Raleigh-Durham International Airport, the 16-story hotel features 400 rooms, including 20 suites, more than 15,000 square feet of state of the art meeting space featuring a 9,000 square-foot Grand Ballroom and another 6,000 square feet of individual/breakout meeting rooms. The Raleigh Marriott City Center, located on Fayette Street, is the official headquarters of the new Raleigh Convention Center. Complete with a vast, 30,000 square-foot ballroom and more than 150,000 square feet of meeting space, the hotel and convention center provide abundant solutions for any group size.
At the Raleigh Marriott City Center, meeting planners and guests will find all the amenities the world renowned Marriott name commands, including on-site audio/visual services, a business center, high-speed Internet access, room service and laundry/valet service. Luxurious bedding with 300-thread count sheets, large bathrooms featuring wood, marble and chrome elements, and clean lines with warm toned walls will welcome guests into comfortable, urban-style surroundings influenced by the city's rich history and culture. State-of-the-art hotel technology is displayed in each room, featuring 32-inch flat panel plasma televisions, complete with speakers, digital music and data ports, and a custom designed pivoting desk and ergonomic chair for the business traveler. Additional amenities will ensure quality "free time" as guests enjoy the scenic pool and extensive fitness center.
The Raleigh Marriott City Center will offer guests fine dining without ever having to leave the hotel.
Famed restaurateur Marco Betti, will bring a taste of Tuscany to Antica Posta Ristorante Toscano with authentic Italian fare to Raleigh and Wake County. Betti will bring the feel of his original San Casciano, Italy restaurant with a menu consisting of traditional Tuscan recipes utilizing only the freshest ingredients, imported from Italy when possible. Betti will offer dishes ranging from tortelli topped with duck ragu to scallops over chickpea puree with authentic Italian dessert favorites like parmigiano-reggiano cheese and frothy espressos in a warm atmosphere for a perfect way to relax after a long day of meetings. Antica Posta will be open for breakfast, lunch and dinner and will be complemented by an 1,170 square foot retail Starbucks Coffee House.
Keeping in mind Raleigh's unofficial slogan of "Trees, Tees, and PhD's," more than 150 parks, lakes, greenways and gardens offer meeting attendees a way to relax and unwind. Visitors also can plan a stay around an upcoming major league event with the NHL's Carolina Panthers, Carolina Mudcats minor league baseball and the triangle's college basketball and football. The discerning golfer may choose from hundreds of holes of golf at any of the Raleigh area's 22 golf courses. With 11 historic towns such as Wake Forest and Morrisville making up the Greater Raleigh area, visitors will have no shortage of places to explore. From eclectic museums and old-fashioned soda fountains to winery tours and the shady greenery of Raleigh and Wake County's many parks and gardens, meeting planners and guests are centered in the midst of five exciting entertainment districts - including the shops of Cameron Village, nightlife of Fayetteville Street and trendy atmosphere of Glenwood South.
About Noble Investment Group
Noble Investment Group is an integrated real estate investment management, operating and development organization focused on value-added investments in luxury and upscale hotels and resorts throughout North America. Through its private equity funds, Noble and its predecessors have acquired and developed over $1.5 billion in lodging assets. Noble's current discretionary private equity fund represents $310 million of equity commitments and expects to invest over $1 billion in assets during the next three years. By strategically utilizing the organization's in-house property management and project development core competencies, Noble has achieved premium risk-adjusted investment returns since 1993. For more information, please visit http://www.nobleinvestment.com.