Hotel operator buys site in Midtown Atlanta

By November 26, 2007Development, Hilton

Midtown may be getting yet another hotel, this one across the Downtown Connector from Georgia Tech. North Point Hospitality Group, Inc. of Alpharetta purchased 0.69 of an acre at the corner of 10th and Williams streets to build a Hilton Garden Inn or a Hilton Homewood Suites, according to Databank. The site is now a parking lot behind H.M. Patterson & Son Funeral Directors where the homeless frequently sleep.

North Point paid 10th & Williams LLC $4.6 million for the land, the equivalent of $6.6 million an acre, Databank says.

The hotel would have approximately 182 rooms, Databank says.

S. Jay Patel, North Point’s president, declined to comment.

North Point operates two Hilton Garden Inns in Savannah. It also owns Hilton DoubleTree Hotels in Alpharetta and Savannah, and Hilton hampton Inns in Alpharetta.

One-and-a-half miles south of the Midtown site, a Hilton Garden Inn with 242 rooms is under construction near the Georgia Aquarium downtown. That Hilton, part of a mixed-use project called the Park Pavilion, is owned by the Legacy Property Group. It’s scheduled to open in march.

A flurry of hotels have been announced or are under construction in the intown Atlanta. The brands include W. St. Regis, Mandarin, Palomar, Rosewood, I, Monaco and Lowes.

Atlanta has plenty of large hotels but needs more small and medium-size ones, Atlanta convention & Visitors Bureau spokeswoman Lauren Jarrell said.

The new Hilton would be considered medium in size.