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Long-awaited Mount Vernon Triangle hotel moving forward

Rebecca Cooper
Long-awaited Mount Vernon Triangle hotel moving forward

The hotel on the site of the former Henry’s Soul Cafe in Mount Vernon Triangle is moving forward more than three years after the developer proposed the project.  Developer Habte Sequar has closed on financing for the $93 million hotel, which will have 247 rooms and fly the Holiday Inn Express flag. Stonehill Strategic Capital of Atlanta is providing the construction financing.  Sequar, who has developed residential projects in the District including the Josephine and the Cardozo, hopes to break ground later this month.  The 14-story hotel has morphed since Sequar first proposed it to city planners. At that time, it was a 200-room hotel with 30 residential units above.