ATLANTA, GA (Sept. 8,
2015) – Beltway Investment International, Smart Hotels and Hospitality Ventures
Management Group (HVMG), today announced a joint venture to develop the first
hotel on the phenomenally successful Atlanta BeltLine, a project that has
changed Atlanta to a city that can be explored on foot and by bike.
“The Old Fourth Ward and the
Atlanta BeltLine project are successful national achievements in urban redevelopment,"
said Christopher Plockelman,
managing director of Beltway Investment International.
"The only thing
missing from this multi-dimensional effort is a hotel that reflects the area's
history and provides an original and unique vision for Atlanta’s future.
"The boutique hotel will be a fully-integrated
exclamation point on the BeltLine, the first choice hotel for travelers and a
social centerpiece for residents and the community."
The $30 - 35 million project will be in one of
Atlanta’s most dynamic neighborhoods, the Old Fourth Ward (O4W), just minutes
from downtown.
The 140-room, high-end
boutique hotel, located on the corner of Irwin Street and Auburn Avenue, will
have direct access to the Atlanta BeltLine’s Eastside Trail and be within
walking distance to the Martin Luther Jr King Historic Site, Krog Street Market
and the Inman Quarter.
Coretta Scott King |
The planned boutique hotel
design will draw from O4W architecture and be locally inspired by the in-town
neighborhood’s urban setting, culture, community, art and entertainment.
Excellent guest service and exceptional
design, coupled with locally inspired food and beverage, will be the hallmarks
of the Atlanta BeltLine’s first hotel.
The Old Fourth Ward, a historic
Atlanta neighborhood, manufacturing district and birthplace of Martin Luther
King Jr. has become the highly desirable
epicenter of Atlanta old and new.
The hotel site is adjacent
to Studioplex, one of the City’s earliest and most successful adaptive reuse
renovation projects (housing 130 contemporary urban live and workspaces).
Originally purchased and
developed by the Historic District Development Corporation (founded in 1980 by Coretta Scott King to preserve,
revitalize and maintain diversity in the Martin
Luther King Jr. National Historic District) in 2000, Studioplex, an Atlanta
landmark, is the inspiration for the hotel’s design - creating a luxurious
property with an industrial aesthetic.
For a complete copy of the company’s news release,
please contact:
Chris Daly
Daly Gray, Inc.
703-435-6293
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