David McNair

Archive for the ‘Lodging’ Category

Developer closes deal on DTM eye-sore

In Architecture, Development, Lodging, Real Estate on August 10, 2012 at 12:41 am

According to recently filed court documents, the ‘Landmark Hotel’ property on the Downtown Mall has now officially changed hands. On August 8, Atlanta-based developer John Dewberry, who won the property at auction for $6.25 million, officially closed on the purchase, to the partial relief of former owner Halsey Minor’s creditors. That amount is a far cry from the $23.7 million loan Minor took out, then defaulted on, to build the proposed 101-room luxury hotel.

The City was a winner, too, as a little over $160,000 in back real estate taxes, over three years worth that had gone unpaid, were finally paid. As reported in Hook, and nationally, Minor has left a trail of debt across the country since construction on the hotel came to a halt in January 2009.

“This is an exciting step forward, both for the City of Charlottesville and for those creditors who are owed money,” says Bill Shmidheiser, a lawyer who READ MORE

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South Street Inn gets a fab Tripadvisor review….

In business, Lodging on April 25, 2012 at 4:46 am

“Upon arriving, we were offered a bottle of wine and homemade cookies, to make up for the fact that we’d arrived after their cocktail hour– very nice touch and delicious cookies!! Breakfast in the morning was also nice, nothing too elaborate, but some homemade breads, yogurt, fruit, etc…everything we needed. Private parking, and easy walking distance to the downtown area with shops, restaurants, etc.

My only negative comments would be:
-The train runs directly behind this property, which we were warned of when we booked our room. It didn’t really bother us, but I could imagine it would be tough for those who are light sleepers.

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