BETHESDA, Md.
Marriott International announced its intent to remain headquartered in Montgomery County, Md., and that its real estate search for a new corporate facility has been narrowed to the downtown Bethesda business district. Several sites in downtown Bethesda are still being considered and negotiations are ongoing. A final decision on a location is expected in the first half of 2017.
“Marriott has been headquartered in the state of Maryland for more than 60 years and we intend to remain close to our roots,” said Arne Sorenson, Marriott president and CEO. “Our goal is to provide a cutting-edge workspace for our associates, offering state-of-the-art technology, modern amenities, and access to a range of transportation options. After a comprehensive review of many excellent options in the D.C. metro region, we have focused our search on downtown Bethesda, which offers multiple sites that meet our priority needs.”
Sorenson also mentioned a new 200+-room Marriott-branded hotel to be built on the site. A release from Marriott also noted that the company has “not ruled out other locations” until a deal is reached.
Marriott’s headquarters relocation team, with the support of JLL, its real estate advisor, and Gensler, a global design firm and workplace strategy partner, evaluated a range of possible locations in North Bethesda, Washington, D.C., and Arlington and Fairfax counties in Northern Virginia.
“Our future headquarters will be a major investment in the local community, and we look forward to remaining a strong economic engine for Montgomery County and the entire region,” Sorenson said.
