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Plans advance for $335M convention center hotel in Houston

A proposed $335 million convention center hotel project in Houston takes a step closer toward actual construction after its developers, Rida Development and Ares Management LLC, announced that they have secured funding for the project. More than 1,800 construction jobs will be created to build the 1,000-room hotel that is slated to break ground in April, and scheduled for completion by 2016. Read the GlobeSt.com story here.

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