W Hotel At Old Columbia Square

PROPERTY DESCRIPTION

ADDRESS:

The W Hotel is located on west "B" Street, between State and Columbia Streets, Downtown San Diego.

LOCATION:

Old Columbia Square consists of four lots, each containing 5,000 square feet for a total of 20,000 square feet on the north 1/3 of block 4 at Middletown, being lots 1, 2, 11, and 12 located in the central business district of downtown San Diego. It is located directly across the street to the south of the 27 story First National Bank building. The Cabot, Cabot and Forbes office tower is directly across Columbia Street to the west of the subject property. On the south side of the block across "C" Street is the 30 story Emerald Plaza office building and the 27-story Wyndham Emerald Plaza Hotel. Diagonally across "C" Street is the newly constructed 13-story Hall of Justice which houses superior courts and the District Attorneys' offices. Directly to the east of the subject property is a parking lot. That block is currently desiginated for future court expansion with plans for a 25-story court facility.

THE W HOTEL CONCEPT:

The W hotel is an entirely new hotel concept created by Starwood Hotels and Resorts. Starwood is the world's largest hotel company, owning such recognized names as Sheraton, Westin, Ciga, St Regis, The Luxury Collection, and the Four Points Hotels. The W Hotel brand is currently open and operating in New York City, San Fransisco, Atlanta, New Orleans and Seattle with W Hotels presently under development in Washington, DC, Chicago, Boston, Denver Los Angeles, Sydney, and now San Diego. W Hotels are designed as a business person's boutique hotel that marries boutique hotel flair with the quality and functionality of larger brand hotels. W Hotels represent an evolution in the hotel industry creating a unique union of style and substance. The W guestroom includes a fortune cookie at turndown; a W CD; a coffeemaker with W's own blend of coffee; a lush terry lined, cotton pique bathrobe; and custom-formulated Aveda bath products. Guestrooms will feature the latest in technology, including a 27" color TV equipped with ultra-fast Internet acccess ( via an infrared keyboard) . High-speed dataport connectivity will be available at speeds up to 100 times faster than conventional modems. Guests can also set up their own personal, secure E-mail addresses while staying at W hotels. Each room also has two phones (one with dataport and speakerphone capabilities and another 900MHz cordless dual line phone). Nearly any business equipment or service is available to W Hotel guests, and no fewer than 15% of the rooms are designated W Home Office offering special amenities geared specifically to the business traveler such as a combination printer/copier/fax/scanner. W Hotels has a service commitment that provides "whatever you want-whenever you want it." Whether it be a laser printer at 2 a.m. or a bath filled with chocolate, just ask The guest rooms are appointed with top of the line amenities including the finest materials and appointments, live plants in each room, and tub teas for aromatherapy. W Hotel will include a signature gourmet restaurant and an upscale bar designed to create a hangout for both guests and locals alike. W Hotels brand is truly an entirely new hotel concept.

The W Hotel construction was completed in December of 2002.