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Development group buys land for uptown hotel

CHARLOTTE, N.C. — A hotel group has closed on land in uptown Charlotte where it will build the city’s first JW Marriott.

Marlotte Hotel LLC, affiliated with Indiana-based White Lodging, paid $6.3 million for a portion of the block where Ally Charlotte Center is under construction.

[ALSO READ: Luxury hotel debuts multimillion-dollar revamp of guest rooms, presidential suite]

White Lodging is building a 21-story, 381-room JW Marriott hotel at the corner of Stonewall and College streets as part of the mixed-use development, which also includes the 26-story Ally Charlotte Center office tower by Crescent Communities.

Charlotte-based Crescent sold the land to White Lodging in a deal that closed last month.

Read more here.

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