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Comstock Announces Agreement for New Hotel at Reston Station

Plans to develop a new luxury brand hotel in Reston were revealed today.
Comstock Companies made the announcement that one of its managed companies, CRS Hotel, LC, entered a franchise agreement for the development and operation of a JW Marriott and Residences Reston.
The hotel is expected to be in Phase I of the Reston Row District at the Reston Station development. It will take up 8.4 acres of space at the intersection of Reston Station Boulevard and Wiehle Avenue near the Wiehle Reston-East Metrorail Station.
“We are excited to partner with Marriott to bring Virginia’s first JW Marriott to Reston,” Chris Clemente, CEO of CHCI, said in a press release. ....

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Comstock and Marriott International Announce Plans to Develop Virginia's first JW Marriott at ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Comstock and Marriott International Announce Plans to Develop Virginia’s first JW Marriott at .
Comstock Holding Companies, Inc.February 11, 2021 GMT
RESTON, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) Comstock Holdings Companies, Inc. (Nasdaq: CHCI or Comstock) announced that one of its managed companies, CRS Hotel, LC has entered into a Franchise Agreement with Marriott International (Nasdaq: MAR) providing for the development and operation of Marriott’s luxury brand hotel, a JW Marriott in Reston, Virginia. The approximately $250 million project will be the centerpiece of the next phase of Comstock’s 60+ acre mixed-use and transit-oriented Reston Station development. ....

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