Summary
The city is selling municipal property at 305 and 315 North Elm Street to Terra Investments LLC for $1 million to clear the way for a new select-service hotel next to Truist Point stadium.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Last discussed Jul 30, 2026.
Impact analysis
The city will receive $1 million in proceeds from the property sale.
Downtown visitors, local businesses, and residents looking for expanded lodging and commercial activity.
None identified.
Mentions & discussions (3)
High Point Advances Downtown Hotel Project with Tara Investments
High Point strikes $30M hotel, parking deck deal with Charlotte developer near Truist Point stadium
High Point strikes $30M hotel, parking deck deal with Charlotte developer near Truist Point stadium The Business Journals
Finance Committee - Jul 30, 2026
The city is selling municipal property at 305 and 315 North Elm Street to Terra Investments LLC for $1 million to clear the way for a new select-service hotel next to Truist Point stadium.
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