Project Overview
Stillwater Marriott Hotel Development
A $44 million mixed-use development featuring a 123-room Courtyard by Marriott hotel, 18,555 SF convention center, and 355-space parking structure in downtown Stillwater, Oklahoma.
Development Overview
The Stillwater Marriott Hotel represents a landmark development opportunity in the heart of downtown Stillwater, Oklahoma. Strategically located at the corner of Main Street and Duck Street, this project will serve as the premier hospitality destination for Oklahoma State University visitors, business travelers, and event attendees.
The development encompasses 2.638 acres and includes a 123-room Courtyard by Marriott hotel, an 18,555 square foot convention and event center, and a 355-space parking structure. The project is designed to meet the significant unmet demand for quality hotel accommodations in the Stillwater market.
Room Configuration
| Room Type | Count |
|---|---|
| King Rooms | 75 |
| Double Queen Rooms | 48 |
| ADA Accessible Rooms | 4 |
| Total Guest Rooms | 123 |
Parking Structure
| Parking Type | Spaces |
|---|---|
| Standard Parking | 325 |
| EV Charging Stations | 5 |
| Accessible Parking | 10 |
| Van Accessible | 3 |
| Total Parking Spaces | 355 |
Hotel Amenities
Property Gallery
Market Opportunity
Oklahoma State University Impact
Oklahoma State University is the primary demand driver for the Stillwater hotel market. With over 31,000 students and 6,000 faculty and staff, the university generates consistent year-round demand for hotel accommodations.
Key demand generators include football game weekends (7 home games annually), graduation ceremonies, parent weekends, campus visits, academic conferences, and athletic events across 17 varsity sports programs.
Market Dynamics
The Stillwater hotel market demonstrates strong fundamentals with limited new supply and growing demand. The market currently lacks a full-service hotel option with significant meeting space, creating an opportunity for the Stillwater Marriott to capture premium rate positioning.
The convention center component will serve as the premier event venue in Stillwater, attracting corporate meetings, weddings, and community events that currently leave the market due to lack of suitable facilities.