The Raleigh-Durham, NC-based Concord will manage the 102-room Marriott Residence Inn at 6900 Cascade Court and 104-key Marriott Fairfield Inn & Suites at 5909 Stone Creek Dr., side-by-side projects in the 100-acre Cascades at the Colony. The hotels will open in spring 2009 on a shared 5.75-acre tract.

"One of my first jobs was to find the right partner so we could move down the road on a management pact," says Christopher Sheldon, Jackson-Shaw's vice president of hotel operations. He tells GlobeSt.com that Concord's relationship with Bethesda, MD-based Marriott International Inc. was the chief dealmaker because that's the branding iron that the developer plans to use for part of its development push. Meanwhile, Concord, with 50 hotels in 11 states and two Canadian provinces, is looking to double its size by 2010.

[IMGCAP(2)]With the ink barely dry for the Texas hotels, Jackson-Shaw and Concord have jump-started talks for an upcoming project, a 175-key Embassy Suites for a five-acre tract at the corner of Airport Road and International Airport Boulevard in Jacksonville International Tradeport in North Florida. Sheldon says the eight-story hotel's financing should be in place in a couple months, allowing construction to start in late fall or early winter.

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