The Hotel Site at Midtown | Blacksburg, Virginia

The Opportunity

The signature address of Blacksburg’s new downtown

Parcel DC-2 anchors the South Main Street frontage of Midtown — the transformative redevelopment of the Old Blacksburg Middle School site — steps from Virginia Tech and at the center of one of the strongest college-town markets in the country.

Blacksburg is home to Virginia Tech, one of the nation’s premier research universities, whose 30,000-plus students, faculty, alumni weekends, athletics calendar, and Corporate Research Center generate year-round, recession-resistant lodging demand that the downtown market has never been able to fully serve.

Midtown answers that demand. A master-planned, mixed-use district of shops, restaurants, residences, offices, public greens, and civic buildings, it is purpose-built to become the new heart of town. Within it, DC-2 is the marquee parcel — the only site with full frontage on South Main Street, the town’s major arterial, and direct access to Old School Commons and Midtown Plaza.

The proposed hotel — a 144-key, seven-story flagship — has been designed, refined with Town staff and the Planning Commission, and advanced through the Town’s Conditional Use Permit process for both the hotel use and 75 feet of building height. And the site comes unbranded: the design accommodates the flag of the purchaser’s choosing. The vision is complete. The groundwork is laid. What remains is execution.

Midtown DC-5 building rendering — district build-out — Midtown DC-5 — the district build-out underway

The Building

Seven stories, programmed for performance

An L-shaped, ±143,223 SF mixed-use design pairs 144 hotel keys with nearly 21,000 SF of street-front commercial space and almost 13,000 SF of office — three income streams in a single landmark building.

Rooftop Lounge & Meeting Level8,749 SF enclosed lounge, 2,272 SF meeting room, outdoor terrace

Amenity

04–06

GuestroomsCorner suite element on floors five & six

39 keys / floor

Guestrooms + Office12,812 SF of Class-A office space

22 keys

Hotel Arrival & AmenitiesCheck-in, amenity areas, porte cochère from The Commons

5 keys

Street-Level Commercial±20,760 SF retail / restaurant fronting S. Main, hotel lobby entry

Retail

Total Key Count5 + 22 + (3 floors × 39) = 144 guestrooms

144 keys

Building elevations — South Main Street and northeast — Building elevations — brick, metal panel & glass composition

The Crown

A rooftop above it all

The seventh floor delivers what no other property in Blacksburg can: an enclosed rooftop lounge and meeting venue with a sweeping outdoor terrace, overlooking downtown, the Midtown commons, and the hills of the New River Valley.

Enclosed rooftop lounge8,749 SF

Dedicated meeting room2,272 SF

Outdoor roof terraceExpansive

Building height (approved)75 feet

Arrival rendering from The Commons with porte cochère — Hotel arrival from Old School Commons

The Lifestyle

A district built for gathering

Midtown is designed as Blacksburg’s living room — interconnected plazas, pedestrian ways, café terraces, and the great lawn of Old School Commons, all programmed for markets, music, game days, and everyday life. Hotel guests step out the door into the middle of it.

Sidewalk terrace rendering at DC-2, South Main Street — Terrace dining at DC-2 — S. Main St

Old School Commons

The district’s central green, at the hotel’s doorstep

Midtown Plaza

Corner gateway at S. Main & Eheart

20%+ Open Space

Plazas, greens & pedestrian ways district-wide

Rooftop Terrace

Sunset views over downtown & the valley

Location

The most ideal site in Blacksburg

Full frontage on South Main Street — Route 460 Business, a major arterial — at the gateway corner of the Midtown district, minutes from the Virginia Tech campus, downtown, and Lane Stadium.

Main Street Frontage

The only Midtown parcel with its long axis on South Main Street. Extra-wide 29–31 ft sidewalks, street trees, and multiple retail entries create a true downtown storefront experience with no curb cuts to interrupt it.

II.

Heart of the District

Bounded by Old School Commons, Midtown Plaza, and the district loop road, with hotel arrival via a dedicated porte cochère. Adjacent to the new Town Public Safety Building and surrounded by planned residential, office, and restaurant uses.

III.

Virginia Tech Demand

Football weekends, graduation, move-in, conferences, and the Corporate Research Center drive deep, year-round room demand in a market with very limited walkable, full-service downtown supply.

DC-2 site masterplan, Old School Commons level — DC-2 Masterplan — Old School Commons level

Midtown landscape framework plan — Midtown District — landscape framework

Entitlements

The heavy lifting, already done

DC-2 comes with the framework in place — approved zoning, pattern book design standards, district-wide infrastructure planning, and a Conditional Use Permit designed around this exact building.

DC Zoning

Downtown Commercial zoning under the approved Midtown rezoning (Ord. 1866, as amended by 1933 & 1968), permitting mixed commercial, retail, office, and hospitality uses.

CUP — Hotel Use

Conditional Use Permit application for a 144-room hotel on parcel DC-2, prepared by Balzer & Associates for Midtown Redevelopment Partners, LLC.

75′ Height

CUP request for 75 feet of building height — 15 feet above base district height — consistent with neighboring approvals on DC-1 (76′), DC-5 (70′), and DC-6 (73′).

Infrastructure

Traffic, stormwater, and utility capacity planned and validated through the district-wide Midtown rezoning. All vehicular access internal — no S. Main curb cuts.

The Offering

Parcel DC-2 — offered at

^$6,000,000

1.013 acres · 144-key hotel development site

ParcelDowntown Commercial Parcel #2 (DC-2), Midtown

AddressSouth Main Street, Blacksburg, Virginia

Tax Parcel257-A 94C

Site Area1.013 acres

Proposed Use144-key hotel · retail · office

BrandUnbranded — flag of purchaser’s choosing

Building Program±143,223 SF gross · 7 stories · 75 ft

Street-Level Commercial±20,760 SF

Office±12,812 SF

Rooftop Amenity8,749 SF lounge + outdoor terrace

Asking Price$6,000,000