Search
 

Developers Honored for Rejuvenating Midtown Section

ATLANTA-James Borders and Dallas Denny received the Chairman's Award from the Georgia Trust for Historic Preservation. The pair restored the 76-year-old Atlanta Biltmore Hotel as office space and sparked a redevelopment in the former run-down area.

By Judith Schonbak | Updated on November 21, 2000

ATLANTA-The Georgia Trust for Historic Preservation honored the two men who undertook the restoration of the historic 76-year-old Biltmore hotel in Midtown. The Chairman’s Award for Historic Preservation was given to James Borders, president of the Novare Group and Dallas Denny, his former partner.

The pair bought the neglected landmark for $10 million and renovated the hotel for use as office space. The 11-story, 380,000-sf hotel was built in 1924 for $6 million and was the top hotel in Atlanta until the 1960s. The hotel closed in 1982 after being bought three years earlier for $4.5 million by Rocco and Gordon Cappucitti of Ontario Potato Distributors in Toronto.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.