A hotel project at Lake Norman’s LangTree development is moving forward and could be finished in about two years, according to the Charlotte-based developer.
Pharos Hospitality pledged $500,000 to a new SwimMac aquatic facility at LangTree last month. The 250-room DoubleTree by Hilton is planned to be closely tied to the aquatic center.
Pharos CEO and founder Buddy Watson said plans for the $60 million hotel are well underway. Completing the project could take 18 to 24 months, he said.
“We have a high degree of confidence in its success,” he said. “There are some final designs that have to be sorted out with SwimMac.”
Sign Up and Save
Get six months of free digital access to The Charlotte Observer
LangTree is a major mixed-use development with apartments, restaurants, a medical office and other businesses in addition to the planned hotel and swim center.