City of Albemarle issued the following announcement on Mar. 10.
More progress at the former Albemarle Hotel! Crews have been working on the restored historic windows. From the beginning, the City has supported bringing new life to this historic building. The City helped connect the building's previous owner to the current developer.
The City also declared the building a local historic landmark which will lead to future tax benefits.
We're looking forward to seeing The Residences at the Albemarle Hotel add more vibrancy to our growing downtown.
Original source can be found here.
Source: City of Albemarle