Five-star hotel planned for Baghdad

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BAGHDAD — Iraqi officials say they have approved plans to build a five-star hotel in the Baghdad's heavily guarded Green Zone.

Iraq's National Investment Commission says land for the project is being leased by the Summit Global Group, a U.S.-based investment company.

Robert Kelley, head of Summit Global, says the 300-room hotel will cost $100 million. He says American and Iraqi investors are involved in the project, but he did not name them.

At a groundbreaking ceremony on Saturday, Kelley said construction would begin soon, but he did not specify a date.

Iraqi government offices and American diplomatic and military facilities are inside the Green Zone, also known as the International Zone.

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{"commentId":2234520,"authorDomain":"jennifer-troupe"}

I can't imagine what that building is going to cost to insure.

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    Reply#1 - Sat Jul 19, 2008 11:52 PM EDT
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