|By Celeste Smith, The Charlotte Observer,
N.C.McClatchy-Tribune Regional News
Aug. 10, 2011--Developers of a new mixed-use development project in uptown announced more details Tuesday about plans for the site.
Small Brothers Charlotte, LLC signed a franchise agreement with an affiliate of Hyatt Hotels Corporation for Hyatt Place Charlotte-Uptown, a 172-room hotel at Caldwell and Third Streets. The hotel will include an express elevator to take guests to the 10th-floor lobby with panoramic views of uptown, according to the developer. The hotel is on the same site as SKYE Condominiums, a 22-story luxury high rise now being built.
The condo project had been known as the Park. It was abandoned for more than two years before Small Brothers LLC, based in Naples, Fla., bought the building in a private auction for $4.5 million in 2009.
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