What used to be a public parking lot on West Broadway Avenue in downtown Maryville is turning into a 98-room Holiday Inn, complete with a multi-story hotel and parking garage. The new structure has gone up between a funeral home and an apartment building and is easy to spot from the Capitol Theatre corridor. Neighbors and nearby restaurant owners say the scaffolding and framing have completely changed the look of the block this summer.
As reported by Knoxville News Sentinel, developer Sandip Patel of Morristown-based Devi Capital is behind the project, bringing the Holiday Inn brand to the former city lot. The site sits a short walk from downtown hangouts such as Raven Steakhouse Lounge and Bluetick Tavern, with the hotel pitched as a way to add more overnight options for visitors to Maryville and the nearby Smokies.
What the city signed off on
City council documents show the deal is structured around a long-term air-rights lease that lets the developer build the hotel above a city-owned parking garage. The lease runs for 99 years at a cost of 1 dollar per year. Under the agreement, the city will contribute up to 2.5 million dollars toward the construction of the garage and has set minimum requirements for the hotel, including at least four floors and a baseline of 80 rooms. The current plan calls for 98 rooms. As outlined in City of Maryville records, the parking garage will remain city property once it is built.
Timeline and local notices
A public groundbreaking for the downtown hotel appeared in March 2024 on the Blount Chamber calendar, which listed the address as 202 W. Broadway Ave. Following that event, contractors have continued site work and preparations for below-grade construction. The chamber and local officials have used event notices and bulletin-style posts to keep nearby businesses in the loop as the work progresses.
Street closures and parking changes
The City of Maryville has issued traffic alerts for lane closures and shoring work around the 202 W. Broadway site while crews prepare foundations and utilities. Those public notices state that the Holiday Inn will sit atop a multi-level public parking garage that is intended to replace the Sam Houston lot and add more parking spaces for downtown visitors. During active construction, the city has urged customers of nearby businesses to use other public garages, according to municipal updates.
There is no firm opening date yet as the project continues to move through permitting and construction milestones, and final plans remain subject to city review. City documents and the chamber listing describe the hotel and garage as a public-private effort aimed at boosting downtown foot traffic and lodging capacity. For now, the rising frame and daily activity on West Broadway are the most visible signs that the long-planned hotel is finally coming together, with further details available in recent reporting and official project papers.
