The change in name and management, and the planned upgrade of the 370-room lodging property mark a move toward the $300 million redevelopment of the 900,000-sf complex under the guidance of complex owner the JBG Cos. "The revitalization of the entire L'Enfant Plaza complex is a dynamic and high-profile project," says JBG partner Ken Finkelstein.

Having debuted in 1973, the L'Enfant Plaza Hotel is an upscale destination located within close proximity to the Smithsonian Castle the National Mall. The property features 21,000 sf of meeting space, a fitness facility and a rooftop swimming pool.

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