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Blake Hotel to become Sheraton, Le Méridien

A big change is on the way for an uptown Charlotte hotel with a bumpy past.

A major company just announced it will invest millions of dollars to renovate the current Blake Hotel into a Sheraton and a Le Meridien Hotel.

Starwood Hotels and Resorts Worldwide made the announcement Wednesday.

The company will make a $20 million investment in the renovation and rebranding.

The Sheraton will open by August. The Le Meridien Hotel will open next year.

Charlotte City Councilman David Howard said it will help return the property to its former glory.

Over the past few years Eyewitness News reported on a host of problems at the Blake Hotel.

In 2011 the county gave it a $21,000 fine for doing major renovation with no building permit.

Days before the Democratic National Convention, huge chunks of the building came crashing down and inspectors deemed seven room unsafe.

"To see it go down has not been a pleasant thing for me," Howard said.

The complex will undergo major renovations before the two hotels open.

Some said the brand hotel name will ensure the building's upkeep.

Tom Murray Chief Executive Officer of the CRVA also praised the investment.

Eyewitness News reached out to the current general manager of the Blake Hotel, but haven't heard back from them just yet.