Le Meridien Breaks Ground on New Hotel in Arts District of Columbus

Le Meridien Breaks Ground on New Hotel in Arts District of Columbus

Slated to Debut in Early 2015, Le Méridien Columbus, The Joseph, to be located in the City's Short North


NEW YORK--(BUSINESS WIRE)-- Starwood Hotels & Resorts Worldwide, Inc. (NYS: HOT) today announced the debut of Le Méridien Columbus, The Joseph, adding this cosmopolitan Midwest city to Le Méridien brand's rapidly expanding global portfolio. Owned by The Pizzuti Companies and operated by Wischermann Partners, the new build 10-story hotel will offer 135 modern rooms with all of the Paris-born brand's signature amenities and services. Located in the Short North Arts District, the city's cultural center, Le Méridien Columbus is slated to open in early 2015, and today's ground-breaking ceremony, attended by representatives from Pizzuti, Starwood, and Wischermann Partners, marked the start of construction for not only Le Méridien Columbus but also the office and retail building and parking garage that make up Pizzuti's The Joseph mixed-use development project.

"The uptick of Le Méridien hotel deals we're seeing underscores the success of the brand's recent repositioning and its popularity among cosmopolitan travelers," said Allison Reid, Senior Vice President of North America Development, Starwood Hotels & Resorts Worldwide, Inc. "We are delighted to partner with The Pizzuti Companies and expand our relationship with Wischermann Partners as we work together to bring this contemporary design-led brand to Columbus."

Le Méridien Columbus will feature a full-service restaurant, signature bar, two deluxe spa suites, and 1,200 square foot 24-hour fitness center. The hotel will be equipped with nearly 8,000 square feet of state-of-the-art meeting and event space, perfect for social occasions and business functions.

"Le Méridien Columbus, The Joseph is an exciting addition to Columbus and the Short North Arts District," said Joel S. Pizzuti, president of The Pizzuti Companies. "As part of our overall Joseph development, which also includes a mix of office, retail, parking and art exhibition space, the new Le Méridien hotel will further establish the Short North as the place to be in Columbus."

Le Méridien Columbus, The Joseph will feature a two-story signature Le Méridien Hub™ experience, which re-interprets the traditional lobby into a social gathering place for creative people to converse, debate, and exchange. The Le Méridien Columbus Hub will offer both guests and locals a creative atmosphere where contemporary, curated artwork from the famed Pizzuti Collection will set the environment. Le Méridien Hub further builds on the brand's award-winning arrival experience and coffee culture. Le Méridien arrival consists of four elements: large-scale artwork in high impact areas to reset the mind and stimulate dialogue and curiosity; the sensory experience, illustrated through Le Méridien signature scent, sound and use of light, creating a unique and distinctive atmosphere; UNLOCK ART™ programme, featuring LM100 ™ artist designed key card collections that not only offer access to the guestroom but also to Le Méridien affiliated contemporary cultural centers in the city; and a 24-hour curated soundtrack.

"We are delighted to partake in the creation of this modern classic design experience in Columbus, the fourth Le Méridien branded hotel in our portfolio," said Paul Wischermann, President of Wischermann Partners. "The Short North is the perfect setting, where Starwood's most loyal guests will be invited to discover, explore and engage with the local cultural scene."

Le Méridien Columbus will anchor a highly anticipated, new mixed-use Joseph development complex that is slated to open in 2014 and will include a six-story, cubist-inspired office building with 60,000 square feet of premium office and retail space, a 313-space parking garage adjacent to the office building, and the Pizzuti Collection, which houses the contemporary art collection of Ron Pizzuti, founder and CEO of The Pizzuti Companies, and will open September 7, 2013. Pizzuti announced in July that women's apparel and accessory retailer Anthropologie will occupy approximately 9,800 square feet on the first two floors of the office/retail building.

Located at 620 North High Street, Le Méridien Columbus will be one block north of the Columbus Convention Center and within walking distance to the art galleries, restaurants, coffee shops, boutiques and nightclubs of the Short North. The hotel will also offer close proximity to The Ohio State University campus and the corporate headquarters of Nationwide Insurance, Cardinal Healthcare and the Limited Brands.

About Le Méridien Hotels & Resorts

Le Méridien, the Paris-born hotel brand currently represented by nearly 100 properties in more than 40 countries, was acquired by Starwood Hotels & Resorts Worldwide, Inc. (NYS: HOT) in November 2005. With more than 80 of its properties located in Europe, Africa, the Middle East, and Asia-Pacific, Le Méridien provided a strong international complement to Starwood's then primarily North American holdings at the time of purchase. Since then, Le Méridien has gone through a brand re-launch, which included a large scale hotels product consolidation as well as redefining its brand strategy. Through creation of the LM100 artist community, Le Méridien has transformed numerous guest touch points, thus bringing unique, interactive and curated experiences to its guests. Plans call for dynamic expansion of Le Méridien Hotels and Resorts within the next five years, concentrating on markets in Asia-Pacific and the Americas. Le Méridien recently opened new hotels in Bali, Atlanta, Dallas, Istanbul, Oran (Algeria), Arlington (Virginia, USA), and Coimbatore (India), and will open in the next 12 months in Chicago, Zhengzhou (China), Mahabaleshwar (India), Ho Chi Minh City (Vietnam), Cairo (Egypt), Qingdao (China), Dhaka (Bangladesh), Tampa (Florida, USA) and Columbus (Ohio, USA). For more information, please visit www.lemeridien.com or www.facebook.com/lemeridien. Follow @lemerdienhotels on Instagram.

About The Pizzuti Companies

The Pizzuti Companies is a recognized leader in the development, marketing and management of real estate. With operations in Columbus, Chicago and Orlando, Pizzuti has developed more than 40 million square feet of Class A office, hospitality, medical and healthcare, retail, residential and institutional-quality industrial facilities throughout the Midwest and Southeast regions of the United States. Pizzuti also has considerable experience working with local governments in the development of creative public-private partnerships. A leader in sustainable design practices, Pizzuti has completed build-to-suit and speculative construction projects in each of their major markets. Pizzuti Solutions LLC, a wholly owned subsidiary, boasts a staff with decades of combined public-sector work experiences, and focuses extensively in the areas of public facilities, sports and recreation, cultural facilities, education and strategic planning.

About Wischermann Partners

Wischermann Partners, Inc. is a national hospitality firm, focused on the operations of upper upscale and luxury hotels. Recognized by clients, peers and industry experts, Wischermann Partners brings a unique mix of knowledge, experience and insight to hospitality management, development and acquisitions. Currently, Wischermann Partners operates a hotel portfolio of nearly 3,000 rooms. For more information about Wischermann Partners, please visit www.wischermannpartners.com.



Media:
Global Public Relations, Le Méridien
Trey Sarten, +1 212-380-4010
Trey.Sarten@starwoodhotels.com
or
The Pizzuti Companies
Bob Monds, +1 614-280-4058
bmonds@pizzuti.com

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