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The new hotel aimed at Millennials, Moxy by Marriott, has opened at 585 S.W. 10th Ave.

COURTESY: MOXY BY MARRIOTT - The Moxy by Marriott has opened in downtown Portland near Target and between two other hotels, the Hyatt Centric and the still under construction Ritz Carlton.

Hospitality may be on its knees, but Portland keeps opening new hotels. The 12-floor Moxy, on the next block north from another new hotel, the Hyatt Centric, has 197 rooms, 55-inch TVs and a gym with boxing equipment and a Peloton (an exercise bike with a screen that lets users ride famous landscapes and compete remotely against friends).

Currently a standard weeknight queen size room costs $129 plus taxes.

Also opening in May 2021 is the Hotel Grand Stark at 509 S.E. Grand Ave. on the former site of the Shleifer Furniture company.

Marriott also has Moxies in New York's East Village, Miami's South Beach and in Austin, Texas.

The Moxy occupies three-sixteenths of a block on the corner of Southwest 10th Avenue and Alder Street. The space was formerly occupied by some food carts, including Nong's Khao Man Ghai. Across 10th Avenue used to be the Alder Street food cart pod, which also was a Goodman- owned lot and is being de- veloped as a five-star Ritz-Carlton hotel with offices and apartments attached.

COURTESY: MOXY BY MARRIOTT - The Moxy by Marriott has opened in downtown Portland, just in time for 'moderate risk' fun times.

Ground broke on the Moxy in October 2019. It is operated by Graves Hospitality in partnership with KCB Real Estate, and with funding by clients of Washington Capital Management.

Ben Graves and Matt Mering of Graves Hospitality, who are based in Minneapolis, are the Moxy Portland's developers, owners and operators. The Goodmans still own the land and rents it to the Moxy owners on a 99-year ground lease.

The design and build are a collaboration between DLR Group, Howard S. Wright Construction and Urban Resources, Inc.


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