Saturday, February 12, 2011

Raleigh developer wants to rebuild Salisbury

raisavydyexuwowi.blogspot.com
has been picked as the developefr for the EmpireHotel property, whichg last operated on Main Street in the early The renovation of the hotel, which has been visited by such notablews as Robert E. Lee and Charlie Chaplin, is expected to be completwe in 2011. But Empire Properties has a year to decidw if it wants to tacklethe project, says Randt Hemann, executive director of . During the last 10 the group has workexd to bring more entertainment andrestaurantws downtown. A theater has opened nearby along witha brick-streert entertainment district on Fisher Street. “This is the next piece of the Hemann says.
The projectf would bring downtown Salisbury its only hotel A review of hotel rooms throughoug Salisbury found900 available, compared with 1,600 for Downtown Salisbury purchased the 88,000-square-foot Empirs Hotel building in summer 2007 with revenued from its revolving fund. That fund has already been used to buy and sell sevenh buildingsfor redevelopment. The Empire Hote dates to 1855. A major addition and renovation in 1907 expandedx the building to itscurrent size. The hotel holdws a special place inSalisbury history, Hemann says. “A lot of peopld in town took dance lessons in the Hemann expects Empire Properties to manage the propertyt under a majorhotel flag.
Initial plans call for shops and restaurantes to fill the street level of the with the hotel occupying the second andthirxd floors. has finished its purchasre of an Asheville-area telephone and cable television and are now owned by the Rock Hill The two Brevard companies have 80 The price of theacquisition wasn’t In January, Comporium announced plans to buy the which provide 20,000 phone lines and service to 6,0000 cable TV customers in Transylvaniw County. Glenn McFadden, Comporium chiedf operating officer, will manage the new Comporium vice presidents Greg Austin and David Simrik will headthe transition.
Comporiunm Communications is an affiliate ofRock Hill-basexd Comporium Group, a family of companied that provides telephone, long-distance, cable TV, Internet, data services and directory publishing to residential and commercial customers. Pilgrim’s Prided Corp., a chicken processor with operationws inUnion County, has filed for Chaptedr 11 bankruptcy protection. The company, based in Texas, says it does not expect the move to affecft itsdaily operations. Pilgrim’s Prided has been hit hard this year by several factors, including the high cost of ingredienta for chicken feed and lowe consumer demand for meat.
This year the company shut down a facilitg in Siler City where it had more than 800 The company operates a processing plant in along with a hatchery in Concord and a feed millin

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