The company is negotiating to develop a 200-room hotel with million dollar-plus condominiums on the upper floors, smack dab in the middle of Midtown.
The estimated construction cost of the hotel shell alone is $40 million.
The site is Midtown Square at Peachtree and Tenth Streets. The location is the site of a nearly two million-sf, mixed-use project by Dewberry Capital Corp. planned to get under way in about two years.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
