I recall reading somewhere that this project was halted midway through construction as a consequence of the financial meltdown (but cannot find this link).
As an aside--I was excited about this new build as a great way to use my MR points.
More recently, all RC Reserve properties are off limits to MR points (even though MR offers partner redemption opportunities to non-Marriott owned hotels).
I guess this is yet another wondrous new idea that has emerged since Arne Sorenson took over as CEO....
PS Hyatt's Andaz may have a future property in T&C--so I am starting to accumulate some Hyatt points.
http://investors.hyatt.com/phoenix.z...024&highlight=