In May 1923, a group of local business people established The Community Hotel Co., Inc. with the goal of raising $200,000 through the sale of stock to build a “new and modern hotel” that would serve as an “asset to the entire community.” After the oversubscribing the capital raise, the community proceeded with building this new hotel that served as a pillar in Fayetteville for many decades.
Jordan Jones serves as one of the Partners behind the successful $19.3M historic tax credit renovation of the Prince Charles. Re-opened in June 2019, The Residences at the Prince Charles includes 59 for-rent apartments and five commercial spaces. More information on this project is available at www.liveattheprincecharles.com.
Preservation North Carolina awarded The Residences at the Prince Charles the 2019 Gertrude S. Carraway Award of Merit.