Hotel Indigo Has Opened in Downtown Raleigh
The property at 320 Hillsborough St. features 204 rooms following a $36 million building renovation.
Updated on Oct. 1, 2026 in Hotels

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Hotel Indigo Raleigh has officially opened its doors at 320 Hillsborough St. in the city's downtown district. The project follows an extensive $36 million renovation of a building originally constructed in 1969.
Why it matters
The opening revitalizes a historic landmark, which earned its designation in 2015, by blending modern hospitality amenities with the site's original architecture.
The hotel spans 204 rooms and includes a 1,500-square-foot fitness center. A lounge is situated on the 20th floor, while ground-floor areas were converted into a community space.
The players
Tidal Real Estate Partners
This firm is a real estate investment group that acquired the historic downtown property in 2021.
Sage Hospitality Group
This company is a hotel management firm responsible for the operations of the new location.
The details
Tidal Real Estate Partners acquired the property in 2021 and oversaw the conversion, which utilized selective demolition to connect arrival spaces with a vintage Airstream courtyard coffee bar. Sage Hospitality Group currently manages the hotel.
Timeline
The building was originally constructed in 1969.
The site received historic landmark designation in 2015.
Tidal Real Estate Partners acquired the property in 2021.
The hotel officially opened to the public on October 1, 2026.
Travel Outlook
The project follows the pattern set by the 2015 landmark designation, which requires specific preservation standards during modern building renovations. This trend of converting historic city infrastructure into boutique lodging highlights the ongoing evolution of urban tourism hubs.
Travelers planning a visit to downtown Raleigh can now book stays at the 204-room property, which offers proximity to the city center. Guests should note that the hotel features unique amenities like a 20th-floor lounge and an Airstream courtyard coffee bar.
The takeaway
Historic preservation efforts can successfully modernize aging urban buildings to serve new commercial purposes. Visitors can utilize these restored spaces as central hubs for exploring downtown districts.
Further reading
For more information on the local hospitality market, visit Hotels.
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