The Cobb Board of Commissioners has approved a zoning change that clears the way for construction of a four-story, 105-room Courtyard by Marriott near the intersection of Barrett Parkway and I-75.
Property owner Peachtree Hotel Group is building the hotel on 1.3 acres, placing the 98 parking spaces under the hotel, said attorney Kevin Moore, who represents the owner.
"They first began working on this property and this project in 2007, received approval to move forward with this project from Marriott essentially in that same time frame, but all parties agreed to wait to bring the project forward until they believed the market conditions would be more productive," Moore said.
Those market conditions are now right.
"It's good news not only for the overall economy but that the local economy has enough positive indicators that a company like Marriott and Peachtree Hotel Group are ready to invest heavily in building this new site," he said.
Cobb Board of Commissioners Chairman Tim Lee expects the hotel will open in the fall of 2014.
"It's phenomenal for Cobb because it's meeting a demand that's been created by the growth of Kennesaw State University and the growth of new businesses in that area, and it's a quality brand for the industry that brings that to Cobb County's mix of hoteliers," Lee said.
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