MOUNT PLEASANT, S.C. (WCIV) -- A real estate development company will build a new six-story hotel on the site of the Masters Inn in Mount Pleasant.
According to David Tart with the Premiere Development Group, the company is still in the process of negotiating with the town of Mount Pleasant, but they hope to have building permits for the Wingo Way project by next month. Premiere currently owns the Masters Inn and will demolish it June 1, Tart said.
When construction is completed, a 133-room Hilton Garden Inn will stand where the Masters Inn is now. The Masters Inn has 150 rooms, according to its booking website.
Mount Pleasant administrator Eric DeMoura said the town is appealing for visitors to the Charleston area.
"It's a place they can come stay in a hotel for a reasonable rate and parking's free. We're a safe community," he said.
Downtown Charleston and the beaches are also both close, he added.
Tart said he was confident the group would be able to sell out the Hilton Garden Inn's 133 rooms.
"It's in the heart of Mount Pleasant, close to the peninsula and close to 526," he said.
Mount Pleasant's residential possibilities are also expanding. Officials said the first residents had already moved in to apartments at The Boulevard on Coleman Boulevard, and that it was part of the greater revitalization of the area.
"It's going to be a spark to more investment and more building with a sense of place on Coleman. It's a key ingredient in turning Coleman Boulevard in to our Main Street," DeMoura said.
The town is on pace to issue 600 building permits in the 2012-2013 fiscal year, DeMoura said. During the recession, it was lucky to issue 200.
The construction excited John Rouleau when he started working in Mount Pleasant a few months ago.
"I was surprised there was something being built, not being close," he said.
From the Boulevard to the Hilton Garden Inn, Mount Pleasant officials saw no reason to slow down now. They said they would keep working to bring in new businesses and help the current ones grow.