Downtown Augusta hotel to be tranformed into Holiday Inn Express

Friday, March 12, 2010 11:39 AM
Last updated Friday, July 16, 2010 8:58 PM
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A vacant, downtown hotel building will soon get a major facelift.

 

The vacant Regency Inn is seen in downtown Augusta, Friday, March 12, 2010.  Local engineer and businessman T.R. Reddy plans to transform the building at 444 Broad St. into a Holiday Inn Express & Suites by July 2011.    Rainier Ehrhardt/Staff
Rainier Ehrhardt/Staff
The vacant Regency Inn is seen in downtown Augusta, Friday, March 12, 2010. Local engineer and businessman T.R. Reddy plans to transform the building at 444 Broad St. into a Holiday Inn Express & Suites by July 2011.

Local engineer and businessman T.R. Reddy plans to transform the former Regency Inn hotel at 444 Broad St. into a Holiday Inn Express & Suites by July 2011.

Reddy purchased the property at auction last year for $588,500. He plans to spend $5 million or more to renovate the building, which hasn't been used as a hotel for a decade.

"Everything will be gutted to the bare bones. Only the steel structure will be used. We will tear down all the buildings around ... it's a total revamping," Reddy said. "I'm optimistic about the location. I'm very confident that it will do well, and it will clean up the area."

The current building has 160 rooms. When the project is finished, it will have 100 rooms, 80 hotel rooms and 20 luxury suites. - plus a conference room. He will demolish a small building at the rear of the hotel.

Reddy is working with Atlanta-based Tirella Associates on architectural plans. He said construction should begin in six months.

The Downtown Development Authority of Augusta will meet with Reddy next week to begin searching for financing for the project, said executive director Margaret Woodard.

"It would be a great project for that end of the block. The gate way coming in from Olde Towne. We're excited about the project and hopes it comes into fruition," Woodard said. "The Downtown Development Authority appreciates Mr. Reddy's investment in downtown, and he's got a reputation as being a great hotel operator."

The hotel building was built in 1965, so it could possibly qualify as a certified historic structure, said Erick Montgomery, executive director of Historic Augusta.

Historic Augusta will work with Reddy to determine if the building meets the criteria. If the project meets the criteria, it could be eligible for historic preservation tax credits, Montgomery said.

Reddy said he selected Holiday Inn over other interested brands, such as Comfort Inn and Country Inn, because he thought it was the "best brand" for the project.

Like his finished hotel project at Comfort Inn & Suites on Noland Connector Drive, Reddy plans for the Holiday Inn hotel to be a green building and meet Leadership in Energy and Environmental Design (LEED) certification.

It will contain geothermal air conditioning, designed to use only 15 percent of the power normally used to operate air conditioning units. Also, it will use solar systems to reduce water, heating and power costs.

Comfort Inn & Suites was the area's first green hotel, Reddy said.

Comments (15) Add comment
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TrukinRanger
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TrukinRanger 03/12/10 - 01:05 pm
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About time something happens
Unpublished

About time something happens to that eye-sore!

coco rubio
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coco rubio 03/12/10 - 01:07 pm
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cheers!

cheers!

Taylor B
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Taylor B 03/12/10 - 01:45 pm
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Spent my 21st birthday there,

Spent my 21st birthday there, got stuck in the elevator with only a fishbowl from timepieces to keep me company. Good times!

bree026
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bree026 03/12/10 - 01:49 pm
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yes, yes,

yes, yes, yes......................

Fiat_Lux
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Fiat_Lux 03/12/10 - 02:07 pm
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Too funny Taylor B. I was

Too funny Taylor B.

I was last there Spring of 1969, up from Savannah for a youth convention at St. Paul's. Completely forgettable accommodations, but the fun and antics were a blast. I still have pictures.

Riverman1
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Riverman1 03/12/10 - 02:10 pm
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I wonder if the city will

I wonder if the city will build them some sort of exhibit building since the Hyatt got the TEE?

treerock
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treerock 03/12/10 - 02:20 pm
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about time, that place is a

about time, that place is a haven for crime.

SNOB30904
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SNOB30904 03/12/10 - 02:20 pm
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Wonderful news!!! Thank you

Wonderful news!!! Thank you Mr. Reddy for seeing the bright future in downtown Augusta. I'm happy to see them using the existing infrastructure and taking it down to the studs!

Can't wait to see the plans!

Grimzine
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Grimzine 03/12/10 - 02:25 pm
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Wow, that is crazy I was

Wow, that is crazy I was driving by that location like 3 days ago wondering what would ever become of it. Glad to hear they will have a good hotel there. Maybe the bright lights and constant traffic will run off the hookers and bums.

AugustaVoter
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AugustaVoter 03/12/10 - 03:53 pm
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I know it was being used for

I know it was being used for housing as recently as 3 years ago. I am not sure what they mean by it hasn't been used in a decade. RCSO used to get called over to there all the time.

jb1234
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jb1234 03/12/10 - 04:09 pm
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AugustaVoter, the article

AugustaVoter, the article said that it hasn't been used as a hotel in a decade... Anyway, I'm glad something's finally being done to that eyesore, it gave quite the poor 1st impression of Augusta when crossing the river from SC.

Taylor B
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Taylor B 03/12/10 - 05:33 pm
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Its been less than a decade,

Its been less than a decade, but probably close to it. I'm only 30. It was a pretty lame hotel back then.

jasonpilgrim
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jasonpilgrim 03/12/10 - 06:02 pm
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WOW!!!! what a great story.

WOW!!!! what a great story.

Frank I
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Frank I 03/12/10 - 09:18 pm
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I'm sincerely greatfull..

I'm sincerely greatfull.. like Grimzine said, maybe the lights and traffic will run off the hookers and panhandlers and such.. seeing as I'm only a couple of blocks from there ANY positive direction is appreciated...

iakovos
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iakovos 03/13/10 - 12:07 am
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Great Job Mr Reddy you're a

Great Job Mr Reddy you're a tuff fellow!!

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