A new hotel is headed to Steele Creek.
The 120-room Residence Inn by Marriott will be located at the intersection of Dixie River Road and Trojan Drive, on a lot that’s currently vacant. Raleigh-based MJM Group is developing the $20 million project, which will include amenities such as an outdoor pool, meeting spaces and a fitness center.
It’s the latest hotel project in Charlotte for MJM, which also developed the dual-branded Residence Inn and Fairfield Inn & Suites by Marriott near Charlotte Douglas International Airport. Another hotel project, a 118-room Courtyard by Marriott at Statesville Road and W.T. Harris Boulevard, stalled and was eventually torn down last year after disputes with the contractor.
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The hotel is set to open in late 2017 and will be managed by Midas Hospitality. St. Louis-based Gray Design is the architect.
MJM bought the 3.5-acre site in May for just over $1 million, real estate records show. Childress Klein partner Chris Thomas represented the seller, and Selwyn Property Group’s Kurt Schoenhoff represented MJM Group.