North Central Group Breaks Ground on AC Hotel in Downtown Madison, Wisconsin

. August 31, 2015

MIDDLETON, WI. August 31, 2015 - North Central Group ("NCG") of Middleton, WI, a prominent Midwest owner, developer and operator of hotels, announced today that the company broke ground on the AC Hotel Madison at 1 N. Webster St., downtown Madison's first Marriott brand property and one of the first 25 AC Hotels by Marriott properties opening in the United States.

The August 26th groundbreaking celebration marks two years of planning and approvals for the site located one block off the Capitol Square. Founder and Chairman of NCG, Dave Lenz, said "This will be one of the largest and most substantial hotels in the 35-year history of our company and it was important for us to build it at home in Downtown Madison."

The ten-story AC Hotel Madison set to open in late 2016 will provide 164 much needed guest rooms to the downtown Madison market. The hotel will offer valet parking, a fitness center, coffee and espresso bar, ninth floor terrace and lounge, and flexible meeting space for business, social or family events. The tenth floor will also feature a rooftop bar/restaurant offering hotel guests and local diners spectacular views of Lake Mendota and Monona as well as the State Capitol building and will serve signature cocktails, specialty wines, craft beers and an exciting menu of European and locally influenced small plate cuisine. The contemporary styling of the AC Hotel brand brings an exciting, design-focused feel with modern architecture and active public spaces to create a unique property that is an inviting entry to the city.

The marquee location of the AC Hotel Madison serves as the gateway to the city's vibrant downtown full of restaurants, bars, live music and performance venues, the Monona Terrace Community and Convention Center, museums, University of Wisconsin campus and State Street, the city's mile-long local shopping/entertainment district.

The design and architecture of the AC Hotel Madison is by Gary Brink & Associates of Middleton, WI. Gary Brink & Associates was able to successfully blend NCG's vision, Marriott's brand requirements, and the City of Madison's entitlement process to create a truly exceptional design. Construction of the hotel is by Kraemer Brothers, LLC, a 67-year-old company with Wisconsin roots. The company has an impressive portfolio of hospitality projects, including many large-scale resorts as well as several luxury hotels throughout the state.

"We believe this urban, design oriented hotel will provide a competitive edge in the downtown Madison market. The combination of our management expertise, the power of the Marriott brand, and the distinctiveness of the AC Hotel concept will all lead to an unparalleled guest experience," said Jeff Lenz, President and Chief Development Officer of NCG.

North Central Group owns, develops and operates premium select-service hotels. They currently own and operate hotels in six states including nine Marriott and Hilton branded hotels in the Madison area, making them the largest hotelier in the Madison area. The company has over 30 years of award-winning expertise managing premium brand hotels across the U.S. in Arizona, Iowa, Illinois, Minnesota, Nebraska and Wisconsin.

About AC Hotels by Marriott

AC Hotels by Marriott is a lifestyle brand within the Marriott International global portfolio of 18 brands. AC Hotels currently offers a portfolio of more than 75 hotels throughout Spain, Italy, Portugal and France, along with New Orleans. Growth plans for the brand include the opening of its next North American locations in Kansas City's stylish Westport neighborhood, Washington, D.C. and in the heart of Miami Beach early this year, as well as more than 50 additional hotels set to open within the next three years throughout the U.S. and Latin America.

About Marriott International, Inc.

Marriott International, Inc. is a global leading lodging company based in Bethesda, Maryland, USA, with more than 4,000 properties, and more than 690,000 rooms in 77 countries and territories and reported revenues of nearly $13 billion in fiscal year 2013. For more than 80 years, the company has been committed to guest satisfaction.

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