Dinsmore has represented Cincinnati Center City Development Corporation (3CDC) in connection with the financing of the new $540 million Marriott convention hotel in downtown Cincinnati, a major milestone in one of the region’s most significant economic development projects.
“Dinsmore is dedicated to supporting transformative projects that create lasting economic opportunity for our communities,” said John Merchant, who led the firm’s representation of 3CDC.
Atlanta-based Portman Holdings closed on financing for the 700-room hotel on June 23, clearing the way for construction to begin. The hotel is expected to strengthen Cincinnati’s convention and tourism economy while serving as a catalyst for continued investment in the city’s urban core.
Dinsmore attorneys worked cooperatively with 3CDC, the City of Cincinnati, Hamilton County, and the Port of Greater Cincinnati Development Authority throughout the transaction, advance a project years in the making. 3CDC has coordinated development of the hotel, which will complement the recently transformed convention center district and further position downtown Cincinnati as a premier destination for meetings and events.
The hotel is expected to open in late 2028 or early 2029 following approximately 30 months of construction.