JLL Hotels & Hospitality has completed a groundbreaking process to reimagine success for a publicly owned convention center
Working on behalf of Lynnwood Public Facilities, JLL has developed new key performance measures for Lynnwood Convention Center
SEATTLE, March 29, 2022 – JLL’s Hotels & Hospitality Group announced today that the company has completed a process that supported the selection of a new operator and instituted new key performance measures for the Lynnwood Convention Center in Lynnwood, Washington.
JLL’s Global Tourism and Destination Development team, Property Management team and Retail team have engaged in an oversight and planning process, which includes the selection of Oakview Group Facilities as the new operator. The newly developed plan is a community-based, multidimensional approach to defining success for the convention center. The new measurements include environmental stewardship, commitment to local business, inclusive support for the community and more.
“JLL engaged with our board of directors in creating a new course that is more aligned with the mission of the Lynnwood Public Facilities District,” noted Janet Pope, Executive Director at Lynnwood Public Facilities District. “Bringing a new operator on with these expanded criteria for success has galvanized our community and key partners.”
The publicly owned Lynnwood Convention Center is a premier event facility in Snohomish County, 15 minutes north of Seattle. The center, which totals 34,000-square-feet, offers a variety of meeting spaces for events from weddings, trade shows, banquets, conventions and more.
The JLL Hotels & Hospitality team representing Lynnwood Public Facilities District was led by Executive Vice President Dan Fenton.
“JLL firmly believes that the success of a publicly owned convention center must include strong fiscal and economic performance measures coupled with having a major impact on the quality of life for the citizens of Lynnwood,” stated Fenton. “We are proud to be engaged in the ongoing success of LCC.”
JLL’s Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totaling $83 billion worldwide. The group’s 350-strong global team in over 20 countries also closed more than 7,350 advisory, valuation and asset management assignments. Our hotel valuation, brokerage, asset management and consultancy services have helped more hotel investors, owners and operators achieve high returns on their assets than any other real estate advisor in the world.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Lynnwood Public Facilities District
The Lynnwood PFD was established under the authority of the Laws of the State of Washington, Chapter 165, Laws of 1999, pursuant to Ordinance 2266 of the City Council of the City of Lynnwood, passed August 24, 1999. Under RCW 35.57, the City has authority to form a public facilities district for the purpose of acquiring, constructing, maintaining and financing a regional center, which may be a convention center.
About Oakview Group Facilities
OVG Facilities, a division of the Oak View Group, is a full-service venue management and event programming company built on the foundation of truly putting their clients first. Founded in 2015 by Irving Azoff, Tim Leiweke, with Madison Square Garden Entertainment, OVG Facilities has one simple goal—to provide venues customized services that produce results. Their services are unrivaled and designed to deliver unprecedented results.