Old Fourth Ward Is Set To Get A Micro-Hotel

Motto by Hilton is a new lifestyle hotel that aims to offer more affordable stays in coveted urban locations.

Courtesy of Hilton

Hilton Worldwide Holdings Inc. (NYSE: HLT) has picked Old Fourth Ward as one of the first U.S. locations for its new “micro-hotel” brand Motto.

The 125-key hotel will come to a planned $80 million mixed-use project along Boulevard, near the intersection of Edgewood Avenue, where there’s a cluster of bars and restaurants. It’s also a short walk to the Atlanta Beltline’s Eastside Trail.

Called Waldo’s, a nod to Ralph Waldo Emerson, the project is from Atlanta developer Lucror Resources and capital partner Sixty West Funds. Atlanta Business Chronicle first reported plans last September.

Read the full story at Atlanta Business Chronicle >>