PACO Group provided Cost Estimating services for the new 500,000 square-foot Raleigh Convention Center. The project represents Step Two of a five-step renaissance for the City of Raleigh. The convention center was built to attract conferences and trade shows while improving the environment for restaurants and hotels, all within walking distance of the convention center. A four-star Marriott hotel was also be constructed, with both opening in 2008. The City of Raleigh and and Wake County used interlocal funds for the two projects: $192 million for the new convention center; and $20 million for construction of public-use spaces in the 400-room, $58-million Marriott hotel.