College Park city manager Terrence Moore said in a written statement that the announcement comes after news of an expansion of the Federal Aviation Administration’s regional headquarters, a new arena at the Georgia International Convention Center that will host the Atlanta Hawks development league team and plans for an expanded Chick-fil-A headquarters.
The city of Atlanta recently purchased the Sheraton Atlanta Airport for $16.8 million and closed the hotel on Sunday July 23, as the Atlanta airport makes way for future expansion. Hartsfield-Jackson is seeking Atlanta City Council approval for a $1.6 million contract for security and maintenance of the former hotel building.
The closure of the Sheraton has decreased the hotel supply in the area, according to Rod Mullice, partner at AirRealty, which developed an upscale apartment community called ThePad on Harvard in College Park.
An Aloft hotel is planned to be built next to ThePad on Harvard and the new BMW training facility will bring in guests who might stay at that new hotel, a nearby Hotel Indigo and other hotels in the area, according to Mullice.
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