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Incentives approved for Durham hotel development

Posted September 20, 2010
Updated September 21, 2010

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— The Durham City Council approved plans on Monday to offer a developer an incentive deal to renovate the downtown SunTrust tower.

The city will give $4.2 million to Durham-based Greenfire Development to convert the old SunTrust building, located in an area of downtown known as the City Center, to a 150-room, four-star hotel and spa.

Greenfire bought the landmark Hill Building from Sun Trust in 2006 for $4.1 million.


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  • citizens4progress Sep 22, 2010

    We have a similar situation going on in Greensboro. Two groups have come together to build a 180-room Wyndham Greensboro luxury hotel in downtown Greensboro behind the Elm Street Center which has conference space. The developers applied for Recovery Zone Economic Development bonds. Guilford County approved it last weeks so there is one more step to go. However no incentives or public money will be involved with the downtown hotel project in Greensboro. Construction on the hotel here will begin by the end of the year and will be completed by 2012.

  • Slip Kid Sep 21, 2010

    It's amazing what elected officials and city employees will do with other people's money!

  • Mugu Sep 21, 2010

    I would first demolish all projects in Durham before even considering building this hotel.

  • schlitzmalt Sep 21, 2010

    .. and if you stay there, don't walk outside the hotel after dark!

  • no contest Sep 21, 2010

    Sure Durham could give the money as a raise to one group of people thinking only for themselves. They could hire more government people to do less work than they do now. Maybe they could lower our taxes. The problem these days is that one group always wants it just for them and the heck with the rest of us. That thinking has helped get the economy where it is now and it has to stop. We know that in the past Durham government has given money away for some questionable projects. But, more money coming into Durham from people staying in hotels, visiting entertainment venues or running businesses helps all of Durham. I am sure there are people looking for work right now that can't wait for this project to start, or work there once completed.

  • no contest Sep 21, 2010

    Sorry for the typo. Should be - Have you seen the crowds there when events are taking place in the city?

  • no contest Sep 21, 2010

    moth - "This hotel will help attract business to the downtown area." Every time I hear that I have to laugh.

    Do you know the occupancy rate of the Marriott? Have you seen the crows there when events are taking place in the city? I did not think it would happen, but downtown Durham is getting better.

  • heaf200 Sep 21, 2010

    why....nothing is going to change durham until you get the trash out.

  • moth Sep 21, 2010

    " This hotel will help attract business to the downtown area. " Every time I hear that I have to laugh.

  • davido Sep 21, 2010

    Actually, downtown Durham is a pretty cool place to work these days. Just sayin...