Sessions Hotel

Bristol,
VA
(2018)

Sessions Hotel

Business Development, Historic Rehabilitation

Adaptive reuse of local landmark as a boutique hotel and centerpiece of downtown revitalization efforts.

Investment

NMTC Amount: $2,593,750
Total Project Cost: $29,079,405

IMPACT

116 FTE jobs
108 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.

CDEs

People Incorporated Financial Services

Investor

US Bank

Project Description

Adaptive reuse of local landmark as a boutique hotel and centerpiece of downtown revitalization efforts.

“We’re excited about it,” said Kimberly Christner, president and CEO of Cornerstone and a partner in the project. “It’s been a long road, and we’ve been silent, but we would just say the same things trying to get it all lined up. There are a lot of moving parts to getting a deal like this done, and we don’t want to go into it when it’s not financially viable. We wanted to make sure we had all our ducks in a row; that it was beautiful, not only a great compliment for downtown, a big draw for downtown and be a financially stable project.” [Quote via Herald Courier]

MAP

Address: 800 block between State and Goode streets, Bristol, VA 24201

Census Tract: 51520020200

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