Tuesday, August 14, 2012

Purchasers add more information on downtown hotel

This photo courtesy of Windsor/Aughtry Company, Inc. of the Riverplace Hampton Inn in Greenville South Carolina provides a sneak peek of the work the company has in mind for Roanoke. It is built on top of the Greenville city-owned parking garage. No restaurant is planned due to space constraints but according to Charles Reyner, Broker in Charge, the Hampton Inn & Suites slated to sit atop the Market Garage on Church Street will offer a free breakfast for the hotel guests just off of the lobby.

“About one third of the rooms will have balconies. The views from that height are gorgeous,” said Reyner.

The ground floor level of the Riverplace Hampton Inn is filled with the hotel’s common areas, and includes the lobby, large fitness center, board room, conference rooms, breakfast area, registration, soft seating, and all back of house functions, like laundry and sales offices.

The Roanoke hotel would use about 120 parking spaces at peak demand. The bulk of the hotel’s demand occurs at night, so it is very complimentary with the existing users and creates new revenue for the City instead of swapping revenue from one user to the next explained Reyner. The Market Garage has 506 parking spaces accord to Rob Ledger Economic Development Manager.

“This agreement will allow the developer to begin their due diligence period during which formal designs will be created in detail. The development agreement will reveal much more and we’re hoping this will come together over the next few months,’ said Economic Development Manager Rob Ledger in an e-mail.

There will be some impact on parking,” said Morrill. There are still a lot of legal issues to work through when putting a private building on top of a public garage.

 A public hearing is scheduled for August 20 for the Company operating as South Commonwealth Partners, LLC to purchase the 11,500 square feet at the ground floor portion as well as a portion of the associated air rights above the garage for $800,000. The Roanoke Hampton Inn & Suites will have 123 rooms.

Posted By Valerie Garner

Categories: Business

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