Biltmore Lake developer buys Haywood Park Hotel

Tony Fraga, developer of Main Street at Biltmore Lake, has purchased the Haywood Park Hotel, the Starnes Building, the Haywood Atrium and the associated parking deck from Joe Kimmel for $18.5 million. Fraga said that the Haywood Park properties would be the geographic and figurative centerpiece of his development efforts in Asheville.

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