Petersburg reviewing plans for multi-million dollar hotel - NBC12 - WWBT - Richmond, VA News On Your Side

Petersburg reviewing plans for multi-million dollar hotel


Plans are now under consideration to build a new hotel in Petersburg's historic Old Towne, after the city forged a partnership with nearby Virginia State University to explore the project's feasibility.

VSU guests, parents and lecturers often look for accommodations in Richmond when they come to the university. But now, city leaders want to build a new hotel downtown to cater to VSU, and spark growth.

"I think it's great logic because we've seen a lot of remodeling in Old Towne Petersburg," said Joseph Pierce, an employee at Demolition Coffee Café on Bank Street. "I know it would attract the VSU crowd and help our business."

Several open sites along Bank and Bollingbrook Streets could be selected as the future location for the building. The goal is to build a structure with approximately 200 rooms and convention center space.

Petersburg hopes the development will spark a renewed interest in the waterfront, with the Appomattox River steps away. A city review panel is expected to make a recommendation in mid-May concerning which plan to pursue and what actions should be taken.

Copyright 2013 WWBT NBC12. All rights reserved.

Powered by Frankly