LOUISVILLE, Ky. (WDRB) – A Tennessee developer plans to convert a vacant office building at 6th and Main streets into a boutique hotel – the latest in a string of new hotels downtown.

A company linked to Chattanooga-based Vision Hospitality Group bought the 5-story former Morgan & Pottinger building at 601 W. Main Street for $3.5 million on Aug. 25, according to a deed filed in the Jefferson County Clerk’s office.

Mitch Patel, Vision’s CEO, did not immediately return a call Thursday. But Vision’s website shows a photo of the Louisville building with the words “boutique hotel” and “Fall 2017” among its future projects.

Vision develops and operates hotels under Marriott, Hilton and other brands primarily in Tennessee and Georgia, according its website.

John McGarvey, a partner in Morgan & Pottinger, said the firm moved its office to the Brown & Williamson Tower in January, and he believes the building at 6th and Main streets is entirely vacant. The building was listed for sale as early as last September.

The sellers are a group of the firm’s partners, former partners and family members, according to the deed. The building dates to 1875, according to Jefferson County property valuation records.

McGarvey said the firm was a pioneer in the renaissance of West Main Street in the 1970s when it renovated the building. That was before developments like the Kentucky Center for the Arts and the Humana Tower, he said.

“Everybody took a little risk when we did that,” he said.

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