Nov 4 2009
Multi-million dollar hotel development a key addition to Lakeview Village in the high-growth gateway to Biloxi
Encore Hospitality has announced the construction of its new $16 million, 125-room D'Iberville Courtyard® by Marriott® hotel with an expected opening in May 2010. Located in the heart of the fast-growing Gulf Opportunity Zone (GO Zone) created to stimulate economic development post Hurricane Katrina, the new property is ideally situated within Encore's 150-acre master planned, mixed-use Lakeview Village, and other entertainment attractions for both leisure and business travelers. Encore Hospitality is a subsidiary of Encore Enterprises, a private real estate acquisition, development and management company.
The five-story D'Iberville Courtyard by Marriott is owned by Encore Hospitality and will create a construction payroll estimated at $6 million, generating over 150 construction jobs. The property includes a redesigned bistro lobby with a restaurant serving breakfast and dinner, a lounge, bar, indoor pool and spa, exercise room and business center. It will also contain Marriott's latest open, bright and contemporary lobby design and furniture, fixtures and equipment package in the guestrooms.
"Encore Enterprises has been investing in and developing real estate projects in D'Iberville for the last 12 years and we are excited to announce another first-class development and great addition to our Lakeview development," said Dr. Bharat Sangani, chairman and co-founder of Encore Enterprises. "As the fast-growing gateway to Biloxi, D'Iberville is ideally situated in the I-10 corridor and a convenient stop for visitors traveling east and west. It has been rewarding to see all of the growth and investment taking place in D'Iberville over the last several years and we look forward to continued growth in the future."
In addition to its easy access to local entertainment and attractions, a city park is being built just east of the hotel and beaches are within close proximity. The new hotel will be located off of Interstate 10, with a newly expanded five-lane Sangani Boulevard to make the area more accessible to business and leisure travelers. The D'Iberville Courtyard by Marriott will be managed by Pineapple Management Services, also a subsidiary of Encore Enterprises, and an award-winning hotel management company with properties throughout the southeastern United States.
"D'Iberville is a high-growth area and a great location for our new D'Iberville Courtyard by Marriott property," said Glenn Pedersen, president of Encore Hospitality. "We are excited to be a part of the economic revitalization in the Gulfport-Biloxi metropolitan area. And our guests will enjoy easy access to the many nearby entertainment and lifestyle destinations, making it a natural fit for our newest hotel."
Source: http://www.encore.bz/