According to an item on tomorrow night’s City Commission meeting agenda (see pg. 13 of the materials), Decatur’s Holiday Inn on Clairemont Road is being sold to a private investor.  As part of the sale agreement, the new company “needs a long-term lease to operate the Conference Center and a long-term agreement for parking services.”

The city is recommending that the city allow the Decatur Downtown Development Authority to sub-lease their interest in the Conference Center and associated parking deck to the new owner.  In return for this, the hotel’s new owner will make “significant capital improvements…that are needed to update and modernize the facility.”

And before anyone asks, I’m checking with the city on whether the Holiday Inn is just changing ownership or whether it will become a new/different hotel.