ATLANTA, GA JUNE 5, 2023 — Vector Hospitality, Inc., an Atlanta based hotel developer, is thrilled to announce its plans to develop two hotels, an AC Hotel by Marriott and Tempo by Hilton containing a spacious 275-space parking deck, totaling 337 rooms, in the vibrant heart of Downtown Knoxville. These ventures mark a significant milestone in the company’s growth and reflect Vector’s unwavering commitment to fueling economic growth and enriching the hospitality landscape within its cities.
The decision to develop these projects stems from Vector’s vision of creating thoughtfully designed spaces that offer inviting ambiances with contemporary styling to provide an elevated guest experience with anticipatory service and thoughtfully executed amenities. The projects will serve as beacons of sophistication and hospitality and aim to cater to the growing demand for premium accommodation and convenient parking solutions, enhancing the experience for both residents and visitors to Knoxville.
The seven-story, 162 room AC by Marriott, located at 427 Walnut St. and 416 Locust St, will offer guests a frictionless hotel experience that anticipates and supports their true needs, and enables them to live life on the road by design, not by default. With flexible open spaces, purposeful design, signature moments, and no unwanted extras, guests maximize their stay with style and intention. The property is anticipated to open in Fall 2025 and will feature a rooftop bar with panoramic views of Neyland Stadium, Sunsphere, and the surrounding city.
The nine-story, 175 room Tempo by Hilton, located at 409 W. Church Avenue, will offer guestrooms that have been designed as welcoming treats with the brand’s signature Power Up and Power Down collections to assist guests with getting energized for the day or winding down for the night, as well as inviting public spaces, including flexible meeting space, a state-of-the-art fitness center, and surprising, uplifting artistic touches. The property is anticipated to open in Spring 2026 and will feature an expansive terrace bar and café serving Bluestone Lane Coffee, allowing patrons to sip in style and be a part of the surrounding, busy Market Street area.
In addition to the hotels, the Tempo by Hilton project will include the construction of a state-of-the-art parking deck, providing a secure and convenient parking solution for hotel guests and visitors to the area. The 275-space parking deck will address parking challenges in the bustling Downtown district, contributing to the overall development and prosperity of the community.
Downtown Knoxville is a vibrant and thriving destination, known for its rich history, cultural events, and captivating attractions that entice travelers from far and wide. From the renowned Market Square, hosting bustling farmer’s markets and live entertainment, to the iconic Tennessee Theatre, showcasing world-class performances, and Neyland Stadium, home of the University of Tennessee Volunteers, there is no shortage of experiences to captivate visitors’ interests. Additionally, the growing arts scene, eclectic dining options, and proximity to the Great Smoky Mountains make Downtown Knoxville an attractive and multifaceted destination.
Vector’s President, Aman Patel, expressed his enthusiasm for these projects, stating, “We are excited to be a part of Downtown Knoxville’s growing community and contribute to its vibrant hospitality landscape. These hotels will elevate the city’s hospitality scene by allowing guests and locals to connect with other travelers and immerse themselves in the community they’ve come to explore.”
Vector is committed to collaborating with local business leaders and community organizations to ensure the successful realization of these transformative projects into the existing urban fabric and is dedicated to ensuring a sustainable and environmentally conscious development process, while delivering exceptional guest experiences that align with the unique character of Downtown Knoxville. The development will generate substantial employment opportunities, economic growth, and foster unparalleled guest experiences, cementing Knoxville as a premier destination for both leisure and business travelers.
