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Council gives first reading to Hotel Aiken development agreement and proposed city‑owned parking deck
Summary
Aiken council approved first reading of a development agreement allowing renovation of the Hotel Aiken and the construction of a city‑owned, approximately 210‑space parking deck; staff said the garage could cost roughly $7–8 million and up to $2,000,000 in settlement funds may be used for hotel stabilization.
Aiken City Council on Nov. 10 gave first reading to a development agreement authorizing the city manager to negotiate and execute agreements with Oliver Hospitality Group for renovation and stabilization of the Hotel Aiken and for construction of a city‑owned parking deck adjacent to B Lane and Newberry Street.
Staff described the agreement as a public‑private partnership: the Oliver group would replat property, adaptively reuse the historic Johnson/McGee/old Aiken Standard buildings and build new construction where appropriate. The proposed parking deck would provide approximately 210 spaces with a rooftop…
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