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Development Du Jour

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Hotel development intown might be sporadic, but plans are in the works for two new lodges in the heart of the Perimeter. A group called Hotel Equities plans to break ground this year on a 124-key Residence Inn and 132-key Hampton Inn. State Farm's expansion plans for the area are largely driving the decision to build there, one official said. Elsewhere in Sandy Springs, average nightly rates at not-the-Ritz lodges have topped $200. [Bisnow]