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A New Luxury Hotel Is On Its Way to Georgetown

The hotel will feature up to 100 rooms and a high-end restaurant

This Wednesday, Thor Equities closed on its acquisition of the former Latham Hotel, located at 3000 M Street NW. According to a press release, the company paid $53.35 million and plans to redevelop the 10-story building for retail and a new luxury boutique hotel.

Below, you’ll be able to see some of what the press release states:

Thor Equities plans to redevelop the retail space along M Street to create a premier flagship location, with up to 27,000 square feet on the ground, lower, and second levels.

The company is also repositioning a portion of the property into a luxury boutique hotel with up to 100 rooms, a high-end restaurant, and additional food & beverage space.

The building at 3000 M Street NW offers 280 feet of wraparound frontage on both 30th and M streets NW.