The University of Maryland, College Park announced Wednesday that developers will break ground next spring on a four-star, $115 million hotel near the college's main entrance, considered a key part of the institution's goal of enhancing its surroundings.
Officials said the project, to be developed by David H. Hillman of the Southern Management Corp., had been approved by the state. It is expected to open by fall 2016.
The hotel will feature nearly 300 guest rooms, 43,000 square feet of meeting space to accommodate events of up to 1,500 people, four restaurants and a coffee shop, a full bar in the lobby, a pool and a gym, 750 parking spaces and a rooftop banquet facility.
President Wallace Loh has said attracting development to College Park is one of his highest priorities, as he believes keeping the status quo will hurt recruitment of students and talented faculty. In a statement, Loh said the hotel "will catalyze the revitalization of College Park as a top university town with a top research university."
The building, which will be constructed on a parcel of underused land at U.S. 1 and Paint Branch Parkway, will be called The Hotel at the University of Maryland.