Developer interested in hotel site
by Anna Oakes
The developer's application for a water allocation of 84,438 gallons per day was scheduled to be heard by the Boone Town Council in August, but was continued to this month's regular council meeting, town staff said Wednesday.
The application materials submitted prior to the Aug. 22 Boone Town Council meeting indicated the project would include 154 student housing units with 464 bedrooms, 9,000 square feet of commercial retail, a 350-seat restaurant and a 3,600-square-foot exercise facility for residents and 300 members.
It would be developed on 4.44 acres composed of the Scottish Inn and Red Carpet Inn sites, as well as other adjacent tracts owned by AMP Enterprises or ADR Capital Management, including 325 and 339 Faculty St.
The Scottish Inn has been shuttered and fenced off since spring 2012, when the Boone Town Council affirmed a building inspector's May 2011 condemnation order to vacate, repair or demolish the structures because of dilapidated conditions. In April, the council voted to extend the order to repair or demolish the structure until Dec. 31.
AMP Enterprises is owned by family members of the late hotelier Ashok Patel, who own several hotels in town along with other partners.
AMP Enterprises leaders say delays in town code changes and financial challenges have delayed efforts to secure a purchaser for the property.
The property is also subject to flooding, and the developer will likely have to work with the Federal Emergency Management Agency and the U.S. Army Corps of Engineers to re-route Kraut Creek on the site, Boone Planning & Inspections Director Bill Bailey said at a meeting Wednesday.