HOT HOTEL MARKET
A handful of hotels are underway or planned for downtown Chattanooga, adding more than 600 rooms if they’re all built:* Aloft Hotel, 150 rooms* St. George Hotel, 55 rooms* The Edwin, 90 rooms* Tru by Hilton, 114 rooms* Westin, 200 roomsSource: Developers
Downtown Chattanooga will see a new Hilton brand when a Tru hotel opens its doors in 2018, adding still more lodging in the central city amid a flurry of projects.
Vision Hospitality Group plans to bring the 114-room, seven-story hotel to Chestnut Street, said Andrew Hibbard, the Chattanooga-based company’s vice president of finance and investment.
The $17 million hotel will go up on what’s now a parking lot next to Vision’s DoubleTree Hotel near Fourth Street, he said. A one-level parking deck will go beneath the new hotel that will service it along with the DoubleTree, Hibbard said.
“For us, as hoteliers first and foremost, we looked at what’s missing from the Chattanooga market,” he said about the addition of Hilton’s new brand. “We’re really excited about it. We think it will be dynamite.”