Business briefs, April 8

Apr. 07, 2014 @ 08:27 PM

Boutique hotel developer's restaurant plans take shape

LOUISVILLE, Ky. – The hotel developer behind the planned transformation of downtown’s Hill Building on Corcoran Street (previously known as the SunTrust tower) into a boutique hotel is starting a search for a head chef for the hotel restaurant.
The restaurant will be located at the corner of Corcoran and Main streets, according to a news release from Lousiville, Ky.,-based 21c Museum Hotels. It will have storefront windows that were once part of a department store, a dining room that wraps around an open kitchen, a large grill, and spit roaster, and two private dining rooms.
The company is conducting a national search for an executive chef for the hotel’s restaurant. For information, go to the website
The Durham location is targeted to open in the first quarter of next year. In addition to a restaurant and bar, the 125-room hotel will have a contemporary art museum, a ballroom, and three suites with private terraces.

751 South developer working on financing
DURHAM – An effort is underway to secure financing for the roads, water, sewer and other infrastructure for the 751 South residential and commercial project, according project developer Alex Mitchell.
Mitchell said the project will be done in phases. The company is targeting the fourth quarter for the groundbreaking.
The mixed-use development is targeted for 167 acres at the intersection of N.C. 751 and Fayetteville Road near The Streets at Southpoint and the Chatham County line.
The Durham County Board of Commissioners approved in 2010 zoning that would allow for up to 1,300 homes and 600,000 square feet of commercial space.
Mitchell said the company hasn’t submitted its site plan yet, so details are not final. But he said right now, condos and apartments make up the largest number of units with single-family homes comprising 130 units.
State leaders stepped in to pass a law to force the city to provide water and sewer service for the project after a 4-3 vote by the Durham City Council rejected the developer’s request for those services and for annexation.