On Monday, a Greensboro-based firm announced it was dropping plans to build a hotel near BB&T Point–the upcoming home of the High Point Rockers (independent; Atlantic League).
Currently under construction and expected to open this spring, BB&T Point is intended to be the anchor of a larger redevelopment initiative in downtown High Point that includes amenities such as apartments, retail, new dining options, and more. One component of the overall development project was to be the construction of a new hotel, developed by Greensboro-based The Carroll Companies.
The company is no longer planning to move forward with that project, however, as was announced on Monday by president, founder, and CEO Roy Carroll. More from the Greensboro News & Record:
The Carroll Cos. was one of the top companies cited in the plan that will combine public and private development to bring sports, residential and retail to a blighted part of downtown High Point. A Baltimore-based developer is managing the overall project.
Carroll said in a written statement Monday, “After more than a year, we were still missing critical information concerning hotel location, schedule and price of the site. It is typical for out-of-town developers to bring in developers they have worked with previously on the various components of a mixed-use project.”
His statement continued: “The Carroll Companies continues to celebrate growth in the Triad and wishes great success to the downtown High Point project. Our team is ready to assist in the High Point redevelopment project in any way needed whether it be an uncompensated consultant or as part of the development team.”
The project’s Baltimore-based developer, Tim Elliott, told the High Point City Council in 2018 that the project could have senior housing, office buildings, shops and restaurants — and maybe even a satellite building for High Point University, along with graduate student housing.
BB&T Point is slated to host its first regular-season game on May 2, when the Rockers welcome the visiting Sugar Land Skeeters. In 2018, the Atlantic League played with seven teams and a travel team. The Rockers will replace the Road Warriors, and be the Atlantic League’s first team based in North Carolina.
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