I've received a press release from ICP Partners, the folks who own the properties along Potomac Avenue between Eighth and Ninth (just north of M Street). Quoting: "The ICP Group, Inc. announces today that it will create an urban hotel index fund that will focus on developing and operating hotels in U.S emerging markets. As a benchmark, ICP has signed [letters of intent] with a couple of the largest hospitality companies in the world to evaluate the feasibility of developing and managing hotels in certain urban markets, including 820 Potomac Avenue in SE Washington, DC." This would be on the eastern part of the Potomac Avenue stretch of the block, the parking lot that wraps around onto Ninth Street. No word on who the hospitality companies are. Some may remember that this land (along with the building at Eighth and Potomac where Quizno's resides in the ground floor) was put up for sale in a sealed bid process back in December. More as I get it.