Developer seeks to build $28 million downtown hotel

(Mountain XPress) Local developer Tony Fraga wants to build a $28 million hotel downtown at the intersection of Battery Park and Page Avenues. He’ll present more about his plans at a neighborhood meeting Wednesday, Oct. 30. “I am excited to announce that I am in the process of developing plans for a new hotel to be built at the corner of Battery Park Avenue and Page Avenue,” the letter from Fraga to downtown neighbors reads. “The project is being designed to comply with all requirements of the Downtown Master Development as adopted by the Asheville City Council in 2009. The project represents a $28 million dollar investment and will add new excitement to our side of town.” The meeting begins 5 p.m. in the downstairs of Isa’s Bistro, with the presentation to start at 6 p.m.

Read the full story HERE>


Posted on October 29, 2013, in Uncategorized. Bookmark the permalink. Leave a comment.

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