A hotel development team that in January paid $4.2 million for an East Bank warehouse located across the street from craft beer business Barrique Brewing Co. is now seemingly eyeing a hotel on a nearby site.

According to a Metro document, Atlanta-based RevPAR Development and Chattanooga-headquartered Emerge Hospitality Group (led by president Sam Patel) are planning the project for a 0.41-acre site located at 611 Cowan St. near the future Oracle campus in River North.

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Pete Patel

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The site of the future hotel building is outlined in red.