City + Citizen News

Downtown Marriott set for upgrades as City Council approves property sale

Tuesday, October 11

Council approves $1.8 million property sale to Marriott ownership group, SMR Hospitality

 

Downtown Spartanburg's Marriott Hotel at 299 N Church Street is set for at least $4 million in upgrades as part of a deal approved by City Council 6-0 at their meeting on Monday. Mayor Jerome Rice was absent from the meeting. Under terms of the agreement, the City will sell the property the hotel sits on to its ownership group, SMR Hospitality, for $1.825 million provided the Marriott owners agree to invest in upgrading the facility, which first opened in 2004.

 

In his presentation to Council, City Manager Chris Story noted that the Marriott's ownership had the option to purchase the land in 2025 as part of the original agreement that led to the hotel's construction and said that owners wished to accelerate the acquisition in order to move forward with upgrades in the coming months. The property sale will require a second reading for final approval, to be held at Council's next meeting on October 24.

 

For more from Monday's City Council meeting, see the full video below.