Aloft hotel planned for Sandy Springs

An Aloft hotel is planned for a new mixed-use project in Sandy Springs.
A joint venture of Childress Klein and MidCity Real Estate Partners sold a 0.65-acre site for the 140-key hotel at its NorthPlace development.
RevPAR Development paid $3 million for the site and will develop the hotel. It’s planned at Barfield Road and Mount Vernon Highway, near the headquarters of Mercedes-Benz U.S. and the Sandy Springs MARTA station.
The NorthPlace project will also include a 250,000-square-foot office and retail building developed by Childress Klein and MidCity.
Aloft is a contemporary hotel brand under Marriott International Inc. It serves to complement the W brand, offering a similar stay at more affordable prices. Georgia’s first Aloft opened downtown near Centennial Olympic Park in 2014.
“Office tenants are looking for an amenitized environment,” said Kirk Demetrops, president and founder of MidCity. “Aloft is a great complement to the mixed-use project.” Another Aloft hotel is planned at SunTrust Park.

This is an excerpt from an article that was first published in the Atlanta Business Chronical on August 2nd, 2019 and is written by Amy Wenk. To read the article in its original publication, click here.