The first transaction of a deal that will lead to a Hampton Inn & Suites being built downtown was completed today. Red Stick Hospitality LLC, the local business venture of Windsor/Aughtry Co. of Greenville, S.C., paid just over $1 million for 16,384 square feet of property across the street from St. James Episcopal Church. Developer Richard Preis sold the lots; part of the land had been in his family since 1898. The next steps involve Preis getting Gordon LeBlanc’s parking lot at Lafayette and Main streets, LeBlanc obtaining 14,000 square feet of land the church owns at Third and Florida streets and St. James acquiring the parking lot across from the church. Work on the 137-room hotel is set to start in May, with an opening set for fall 2012.
First phase of downtown Hampton deal completed
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