Redevelopment Planned after $9.5M Downtown Hotel Purchase

The Marina Inn hotel on W. Grape Street is set to become a boutique hotel, according to the company that purchased the property

An affiliate of San Diego-based Hotel Investment Group has acquired the 157-room Marina Inn hotel in downtown San Diego for $9.5 million, the company announced.

The sellers of the property, at 929 W. Grape St., were Phyllis E. SanFillippo Revocable Trust and SanFillippo Revocable Family Trust of San Diego.

A company statement said Hotel Investment Group plans to redevelop the property as a 157-room boutique hotel.

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