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Originally Posted by thoraudio
unofficial word on the street (what does that mean?) is that 100 Commerce St. will be reborn as a Hampton Inn/Suites.
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Wow, Thoraudio! You were right again...of course. Except now they're saying it will be a Hilton brand hotel. Man, it's nice to have the inside scoop on developments like you do.
Did you work with the current buyers in any way? If so, how?
I liked your condo proposal too, but I guess with so much development in that area and tourism growing at such a rapid rate downtown, maybe they felt that a hotel will make an even faster impact and return on their investment.
That will give your condo proposal (and other developers' proposals) even higher priority as each developer will want to get its project off the ground quickly so they can be first to fill the leases.