Reno Contracting Set to Build $50 Million Marriott Hotel in Historic Gaslamp Quarter

SAN DIEGO--(Business Wire)--
Walt Fegley, President of Reno Contracting, one of Southern
California's premier general contractors, is proud to announce his
firm's construction of a new Marriott Residence Inn located in the
heart of San Diego's Gaslamp Quarter. The new hotel is next to the
historic Brunswig Building, built in 1900, which originally housed the
Brunswig Drug Company.

The San Diego architectural firm of Awbrey Cook McGill has
designed the new hotel. The firm's design incorporates brick and metal
exterior finishes that replicate the materials used in existing
structures within the historic warehouse district. "The overall design
of the Residence Inn reflects a trend we are seeing not only in urban
centers but also in emerging suburban 'lifestyle' centers - a
combination of retail, restaurant and residential uses which
represents a more environmentally responsible sense of urban
planning," said Scot McGill, Principal of the firm.

With an impressive history of building biotech and pharmaceutical
structures, office complexes and corporate campuses, Reno Contracting
is continuing to broaden its horizons with the Marriott Residence Inn
project. Reno's Walt Fegley noted: "In keeping with our market
diversity and working with clients who are like-minded - having the
same business philosophies and culture - Reno Contracting is delighted
to work on this new hotel. We see nothing but a great future for this
project, and we hope that this is the beginning of a long-term
relationship with a great client."

Reno began construction March 13th on the 240-suite, 13-story
hotel site located at Sixth Avenue and 'J' Street, a block from the
San Diego Convention Center and Petco Park. The extended-stay hotel
will have more than 8,000 square feet of ground-floor retail space and
three levels of subterranean parking. The 121'-2", post-tensioned,
concrete building will include a street-level bar and lounge, meeting
rooms, banquet facilities and a rooftop pool and deck overlooking
Fifth Avenue. The hotel is scheduled for fast-track completion by
November 2009. David Peckinpaugh, President and CEO of the San Diego
Convention & Visitors Bureau, noted, "The new Marriott Residence Inn
will provide yet another option for leisure travelers and meeting
delegates in San Diego's famous Gaslamp Quarter."

Reno Contracting is a leader in build-to-suit construction with
such award-winning projects as DiamondView Tower, located in the heart
of downtown San Diego adjacent to Petco Park; as well as Santa Fe
Summit; Biosite corporate headquarters; and Paseo Del Mar. Reno has
grown to more than $217 million in annual revenue while gaining some
of Southern California's largest developers as repeat clients. Reno
Contracting continues to diversify its portfolio with hospitality and
retail projects throughout San Diego and the Inland Empire.

Founded by Matt Reno in 1993, Reno Contracting is dedicated to
delivering notable projects of outstanding quality on time, while
maximizing value for the construction dollar. Their reputation has
been built as a result of outstanding client relationships, supported
by an experienced team of managers and subcontractors. Reno
specializes in build-to-suit for the biotech, medical, commercial,
industrial and retail industries, along with tenant interiors. With
the largest number of LEED-Accredited Professionals in San Diego, Reno
has been awarded General Contractor of the Year numerous times by the
American Subcontractors Association. The Associated General
Contractors, San Diego chapter, has also awarded Reno General Building
Contractor of the Year. For further information on Reno Contracting
services, visit their Website at www.renocon.com

Studio 2055
Nanette Newbry, 760-729-8205
E-mail: renocontracting@studio2055.com

Copyright Business Wire 2008