Downtown Roswell takes on Live, Work, and Play by adding a STAY! Announced last week, historic Roswell will be home to a new boutique hotel and mixed-use development. An $88 million investment on 2.92 acres in the area between Canton Street, Mimosa Boulevard, Magnolia Street and Webb Street will add 125 room boutique hotel, a 6,000 square foot event facility, a lavish outdoor garden venue and approximately 50,000 square feet of retail, restaurant, and office with approximately 400 public/valet parking spaces and also a dedicated Uber/Lyft area to serve all of the the area. Metro Atlanta residents are likely familiar with Canton Street, the crown jewel of Roswell. This main street in the heart of downtown is home to many award-winning restaurants that have become a destination for die-hard foodies or people seeking something different than chain-dining.
Downtown Roswell is also well-known for beautiful antebellum historic homes, most booked a year in advance for weddings. The addition of the boutique hotel will complement and support the two industries that are already thriving well-established economic drivers of the downtown area. The hotel will be part of the Hilton Curio Collection which allows the hotel to take on the identity of the city it resides, making it special and unique to Roswell. The community of Roswell values its sense of place and the co-founders of Canton Street Development kept that front and center while working on bringing this project to life.
Roswell continues to grow and thrive. The downtown housing market is strong with new construction and resale opportunities for anyone that wants to experience a suburban “downtown” lifestyle. At The Peter’s Company, we have agents who specialize in the community of Roswell and we look forward to the opportunity to serve you as the trusted source for all your real estate needs.
Written by Hannah Manley