The Loudermilk Companies, LLC plans to build a Hilton Garden Inn on the property, currently a parking lot, next to the Buckhead Theatre.
According to a report from the BuckheadView, the development process for the new hotel is slated to begin in the next six months and President and CEO Robert C. “Robin” Loudermilk said he would like the hotel to be completed in the next one and a half to two years.
“There is a three-mile radius restriction from that site on anyone else developing a Hilton Garden Inn, which I am pretty sure would cover all of Buckhead,” Loudermilk told BuckheadView.
Loudermilk Companies also acquired the former Pearson’s Wine, Beer and Liquor store site at the corner of West Paces Ferry Road and Early Street, Loudermilk announced.
According to BuckheadView, "The Loudermilk family interests own half of the block along Roswell Road north of Peachtree and West Paces Ferry roads."