Norvell Properties News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SUGAR MOUNTAIN — A major hotel development planned to be built next to Lowes Foods in the Village of Sugar Mountain is gradually making progress toward becoming a reality.
Earlier this year, Village of Sugar Mountain Village Manager Sue Phillips and Village Attorney Four Eggers met with representatives of Commercial Realty Advisors, a Winston-Salem-based developer, to discuss the possibility of developing a four-story, 118-room Marriott hotel on a parcel of land that is currently owned by Norvell Properties.
“[We] had a preliminary meeting with them and went through what our ordinance requirements were, as far as what our height restrictions and architectural standards are,” Phillips said. “They’re projected that if they go through with it, it would generate approximately $17 million for our tax base.” ....

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