The city will be selecting a project manager in the next several weeks and will then issue a formal request for proposals, conduct interviews with the two construction firms and then make a selection.

Earlier, the city selected Hyatt Corp. to begin exclusive negotiations to develop a 1,100-room convention center hotel.

The new hotel is estimated to cost more than $150 million to construct--some estimate it could cost more than double that amount—and will be publicly financed by a non-for-profit hotel corporation.

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