Marriott closing bumped to next week
by Doug Walker, Associate Editor
Mar 09, 2013 | 3427 views | 5 5 comments | 7 7 recommendations | email to a friend | print
The sale of city-owned property for a Courtyard by Marriott Hotel was delayed Friday and is now apparently set to take place Monday or Tuesday in Rome.

Rome City Manager John Bennett said specific architectural site plans for the project could not be completed in time to seal the deal Friday.

“We couldn’t get all of the plans to the attorneys, and the attorneys in Atlanta wanted to review what (City Attorney) Andy (Davis) did, and there just wasn’t enough time to get all of that done,” Bennett said.

Duke Hospitality has agreed to pay the city $400,000 for the 1.54 acre parcel on West Third Street where the hotel will be constructed and has already put $10,000 down. After the deal closes and Duke obtains its construction loan, the company will pay the city another $15,000 in cash.

Rome has agreed to Tax Allocation District financing for the remaining $375,000. The TAD redevelopment tool dedicates to a project the property tax increases that came about because of the project.

Samson Developers — owned by Rome businessman David Doss — spearheaded the hotel deal but sold its interest in what was a 2.14-acre site to Duke Hospitality in exchange for $75,000 and 0.60 of an acre on the site.

The project covers nearly half of a 4.4-acre parcel city officials put together around the former Rome-Floyd Parks and Recreation Authority headquarters. Rome paid a total of $1,825,000 for the three adjacent tracts: Just Sports and Tennis at 296 W. Third St., owned by Steve Grissett; Dempsey Auction at 302 W. Third St.; and 322 W. Third St., owned by Patsy Ingram.

Samson still maintains an option to buy the remaining acreage for $1.4 million.

Bennett said the property was never viewed as a money-maker, although he expects to recover expenses over the long term through the generation of taxes and other revenue related to use of the property.

The city assembled the parcel in order to control the type of redevelopment that would go into the riverfront property across from the downtown district.

Concept plan 
Comments
(5)
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atlthrasher
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March 13, 2013
Anytime there's a new business or development happening, there's always a naysayer like Rootytooty. At this point we should all be thankful that there is development happening in Rome which would result in job creation. Rooty, I suggest you bring a major industry to Rome that will add to our tax base and create jobs.
rootytooty
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March 09, 2013
Just what Rome needs...another motel. The NAIA championship is going to move its football game to another city.

Jameson Inn sold its property to Quality Inn, Motel 6 sold its hotel to Comfort Inn...I don't know how all the hotels have barely the minimum to keep them open between the yearly Tennis Tournaments.
LogicalThinker
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March 09, 2013
If you think that this is just another hotel you should do some homework into the site plans the RNT put up yesterday. This will be a major asset to Rome unlike the quality inn or la quinta in or whatever you are comparing it to.
FormerRomanJr.
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March 09, 2013
Rooty, You're a hoot..This is a first class facility to compliment the Forum and Downtown..

You keep frequenting those Motels..

This would be known as a "Hotel":-)
sickandtiredofit
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March 10, 2013
Would you rather have a new privately run Hotel, which will create jobs and bring in tax revenue. Or another public housing facility funded by the taxpayers. ANY private development in Rome is good development, I wish they would build 200 more hotels in Rome, 200 more gas stations, 200 more restaurants etc... Its no skin off your teeth whether they are successful or not so why do you care
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