The hotel is under development by a joint venture between Atma Hotel Group Inc. and Main Street Properties of Chapel Hill. The two groups submitted an application to the town government to change the lot’s zoning rules to accommodate the new hotel.
Jeff Kleaveland, town zoning development specialist, said the two groups are in the home stretch now.
“They want their project to go to the joint advisory boards in the first week of December,” Kleaveland said. “They’re on target for it.”
Kleaveland said this means the zoning change will go in front of the Board of Aldermen in January.
This is not the first time the lot has been considered for development. The Carrboro ArtsCenter and Kidzu Children’s Museum wanted to develop the lot into the Carrboro Arts and Innovation Center, before a lack of local funds ended the idea.
But many feel that the hotel will be different. The lot is near a parking deck, which could be helpful for guests.
The driving force for the construction of the hotel is the success of the first Hampton Inn the Atma Group opened in Carrboro. The new hotel will also be a Hampton.
“The hotel exceeded expectations,” Board of Aldermen member Bethany Chaney said.