Sheraton Hotel Development
June 30, 2016: MULTIMILLION-DOLLAR BISMARCK DEVELOPMENT GETS ANCHOR HOTEL
June 29, 2016: FIVESOUTH DEVELOPMENT ANNOUNCES SHERATON HOTEL
Hegg Hospitality will manage a full-service, four-star Sheraton hotel in downtown Bismarck, the first of its kind in North Dakota. The hotel will anchor the FiveSouth mixed-use, public-private development project which could surpass $350 million in public infrastructure build-out.
The highly-anticipated mixed-use project is made possible through a development agreement between the city, Bismarck Industries and master developer Cardon Development Group, as well as substantial support from Bismarck Futures, a local business coalition. In addition to the four-star 140-room “lifestyle” hotel, FiveSouth will bring residential, restaurants, retail and additional public parking into the downtown area.