MARYLAND HOLIDAY INN TO UNDERGO $35 MILLION RENOVATION

CHEVY CHASE, MD. — Grosvenor has begun a $35 million renovation of a 214-unit Holiday Inn hotel, located at 5520 Wisconsin Ave. in Chevy Chase. The property will be rebranded as a Courtyard by Marriott. The project also calls for adding 1,500 square feet of retail space to the adjacent Chevy Chase Plaza and will be complete by spring. Renovations include expanding the hotel’s capacity to 226 rooms and pursuing a Silver LEED rating. Low-flow shower heads and toilets, energy-efficient windows and a reflective roof are some of the planned environmental features. Grosvenor bought the 112,500-square-foot Holiday Inn and the 40,000-square-foot Chevy Chase Plaza in 2004. Tenants at the plaza include Saks Jandel, Brooks Brothers, Sylene’s and Bank of America.