Skanska, SG Contracting Chosen to Develop $308.3M Signia by Hilton Hotel in Downtown Atlanta

The new Signia by Hilton lodge will be related to the Georgia World Congress Center through a walkway and will ignore the Mercedes-Benz Stadium in Atlanta.

ATLANTA — A joint undertaking in between Skanska and SG Contracting Inc. has been chosen to make a $308.3 million Hilton (NYSE: HLT) lodge adjacent to the Georgia Entire world Congress Centre (GWCC) in downtown Atlanta. 

The 1.2 million-sq.-foot lodge will be the 1st newly made job less than Hilton’s upscale Signia banner, and will act as a headquarters hotel for the GWCC. The home will forget about the Mercedes-Benz Stadium and is located near the Omni Atlanta Lodge, CNN Center, Condition Farm Arena and the Ga Aquarium.

The 40-story hotel is established to aspect 975 visitor rooms alongside features such as 75,000 sq. feet of world-class meeting and function space a connected walkway to the GWCC spa physical fitness heart 6,670-sq.-foot pool deck an outdoor party garden a market two chef-driven dining places and three bars. 

“The Signia by Hilton will even further elevate Atlanta’s international presence and place as a key host of civic, cultural and commercial occasions,” suggests Scott Cannon, govt vice president and standard supervisor for Skanska’s Ga and South Carolina operations. 

Skanska and SG Contracting will offer pre-development and construction management expert services for the lodge, which Gensler developed to realize LEED Gold certification. The development, which Cannon claims will generate about 600 design work opportunities, is scheduled for completion in early 2024.  

In 2019, the GWCC held a lot more than 580 gatherings and hosted 4.1 million website visitors. The heart also expanded in early 2020 with the opening of Show Corridor BC, a 100,000-sq.-foot addition by the Georgia Earth Congress Middle Authority letting for additional than 1 million sq. toes of contiguous exhibition area in the GWCC.

Hilton Throughout the world Holdings Inc. inventory shut at $123.91 for every share on Wednesday, April 21, up from $71.35 a yr back. 

—Katie Sloan