Wednesday, 24 June 2026
Skanska has signed a contract with an entity managed by Portman Holdings to construct a new Marriott hotel adjacent to the convention center in downtown Cincinnati.
The contract is valued at USD 325 million (approximately SEK 3.0 billion) and will be included in Skanska’s U.S. order bookings for the second quarter of 2026.
The project involves the development of a 61,400 sqm (approximately 660,500 sq ft), 21-storey hotel located opposite the First Financial Convention Center. The property will comprise 700 guest rooms and include conference facilities, meeting spaces, ballrooms, ground-floor retail areas, a rooftop terrace, and a skybridge linking the hotel to the convention center and nearby parking facilities.
According to the project partners, the development is intended to expand Cincinnati’s convention and hospitality infrastructure and support the city’s ability to host larger events.
Construction is scheduled to begin in June 2026, with completion expected by the end of 2028.
