Tuesday, September 8, 2015

Beltway Investment International, Smart Hotels and Hospitality Ventures Management Group (HVMG) To Develop Landmark First Hotel in Atlanta's Old Fourth Ward

  
 
Christopher Plockelman
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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