Tony Fraga, developer of Main Street at Biltmore Lake, has purchased the Haywood Park Hotel, the Starnes Building, the Haywood Atrium and the associated parking deck from Joe Kimmel for $18.5 million. Fraga said that the Haywood Park properties would be the geographic and figurative centerpiece of his development efforts in Asheville.
Tag: downtown Asheville
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Air fair?
People Advocating Real Conservancy, an Asheville community activist group, has decided to challenge the city’s policy of selling air rights to developers. At the same time, the group has placed an upset bid on air rights above the sidewalk at 82 Patton Avenue offered for sale to redevelopers of the old First Union Building.