Local Developers Join Forces to Bring a Hotel and Apartments at The Acorn

Collaboration happens in all kinds of ways and in development, it’s great to see a sharing of space and resources. Two local developers, Williams Realty & Building Company Inc. and Summit Hospitality Group, are planning to build a seven-story apartment building and adjacent 138-room hotel. The site of the new development is at 415 South Blount which currently sits as a parking lot between Blount and Person Streets.

The property cuts the block in half with one side facing Blount and the other Person Street. On the Person Street side, the eastern side, will be the The Acorn apartments, shown in the rendering above. There will be 106 units on floors four through seven.

Facing Blount Street will be the hotel. A Marriott TownePlace Suites branded hotel will have rooms on all floors. The hotel and residents will share a 200-space parking deck on floors one through three below the apartments.

There’s not much to say about the property in it’s current state. It’s a surface parking lot surrounded by a chain-link fence. That’s it.

Construction is planned to start this December with the hotel portion coming later, planned Summer 2022.