Two more new hotels are on the horizon in Atlanta, with one coming downtown and another on the Westside.
The Atlanta Business Chronicle reports that Atlanta developer Dion Meltzer is in the process of purchasing the old office tower at 34 Peachtree St., across from Woodruff Park, with the intention of bringing a 170-room boutique hotel to the upper floors of the building.
Work to convert 12 floors of the building from office space could begin as soon as January, with exterior and interior overhauls planned as part of the $50-million project, the ABC reports.
This isn’t the first dated downtown office building to go halvsies on hotel space, with John Portman unveiling the new Hotel Indigo at Peachtree Center in January.
Meanwhile in West Midtown, permit filings indicate Bridgesouth Hospitality is planning to bring a hotel to Northside Drive and 10th Street. The permits offer little information other than that the name of the project is Hotel Cameron.
It is the second hotel to be proposed in the burgeoning neighborhood, following permit requests for the “Brady Hotel” filed earlier this fall.
The news comes as plans for a dual-branded Homewood Suites / Canopy by Hilton are now officially shelved, according to BisNow.
Proposed back in February, the dual-branded property was expected to bring 350 rooms to Marietta Street, a block from Centennial Olympic Park, across the street from Stats restaurant and that pie-in-the-sky Times Square South idea.
Due to changing market and lending conditions, however, Legacy Ventures has decided to hold off on the project for the foreseeable future and reevaluate the proposal next year.
Meanwhile, it seems there will be no shortage of downtown places to stay, with work underway at the Candler Building and SpringHill Suites.
- New hotel to check into downtown office tower [Atlanta Business Chronicle]
- LEGACY 'TAPPING THE BRAKES' ON DOWNTOWN CANOPY HOTEL [BisNow]
- Hilton 'Canopy' Hotel to Rise Downtown, with 'Local' Flair [Curbed]