Courtyard by Marriott in Stillwater, OK
HK Development is building a 123-key Courtyard by Marriott in Stillwater, OK, with 18,555 SF of meeting space, a full-service restaurant and bar, and a 355-space parking garage on a 2.64-acre site one block from Oklahoma State University. The 123,000 SF project is fully entitled with completed design and approved Marriott franchise rights. Its integrated hotel–convention– parking program is designed to capture year-round demand from university visitors, business travelers, athletic events, and regional conferences.
Timeline
Completed
Land acquisition, entitlements, full design, Marriott franchise approval, feasibility analysis
Next Steps
Finalize incentives → Complete capital stack → permitting → Construction
Construction Duration
20–24 months
Stabilization
Years 3–4, with strong operating margin
Market & Economic Impact
Located next to OSU’s academic and athletic core, the hotel will serve year-round university, sports tourism, business, and conference demand. The project will create 180 construction jobs, 85+ permanent jobs, and deliver Stillwater’s largest modern meeting facility, significantly increasing local tax revenue and tourism capacity.
Interested in Learning More?
Certain investment details are available to qualified parties upon request.