Skanska Secures $325 Million Contract for Landmark Cincinnati Marriott Hotel
Skanska has been awarded a major $325 million (approximately SEK 3.0 billion) contract to construct a new landmark Cincinnati Marriott Hotel in downtown Cincinnati.
The contract was awarded by an entity managed by Portman Holdings, LLC. Skanska will officially record the substantial project in its U.S. order bookings for the second quarter of 2026. As construction begins this month, you can track this project and other major commercial developments by visiting our dedicated construction and infrastructure news hub.
A New Hospitality Landmark for Downtown Cincinnati
The striking new Cincinnati Marriott Hotel will rise 21 stories and encompass approximately 61,400 square meters (660,500 square feet) of premium real estate.
Situated directly across from the Duke Energy Convention Center, the development is strategically engineered to strengthen the city’s hospitality sector. The hotel will offer 700 high-end guest rooms alongside modern amenities specifically tailored for both business executives and leisure travelers.
Key Features Designed for Convention and Event Travelers
To fully cater to convention attendees, the layout incorporates seamless connectivity and premium event spaces:
- Direct Skybridge Connection: An elevated skybridge will span across to the Duke Energy Convention Center, maximizing safety and convenience for guests.
- Flexible Event Space: The layout features extensive conference rooms, flexible meeting spaces, and expansive grand ballrooms.
- Rooftop Terrace: A premium rooftop terrace offering scenic views of downtown Cincinnati.
- Ground-Floor Retail & Parking: Integrated ground-floor retail storefronts alongside direct, seamless access to nearby parking facilities.
Driving Local Economic Development
The expansion of high-capacity accommodation near the convention center is set to dramatically alter Cincinnati’s position in the highly competitive meetings and events market.
By allowing the city to attract significantly larger conventions, the project is expected to inject substantial visitor spending into local restaurants, hotels, and retail storefronts.
Construction Schedule and Timeline
Skanska is scheduled to break ground on the site in June 2026, with a targeted completion date set for the end of 2028.
Throughout the multi-year building phase, the massive development will generate significant regional economic activity and create numerous localized construction jobs, providing an immediate boost to the workforce before opening its doors to global travelers.
