Raleigh’s iconic downtown Holiday Inn gets a reprieve and won’t close for months
Downtown Raleigh’s cylinder-shaped Holiday Inn will not be closing for demolition for at least several months, giving the landmark hotel a reprieve.
The hotel was still accepting reservations through October as of Wednesday. A general manager there told Triangle Business Journal earlier this week that its owners will decide its fate this fall.
Asked for specifics this week, the Holiday Inn referred questions to corporate parents Stepstone Hospitality, which did not return email messages.
Meanwhile, Tidal Real Estate Partners shows 300 Hillsborough St. on track in 2026 for a 183-key luxury hotel, 326 apartments with an outdoor pool and golf simulators.
Tidal Real Estate Partners announced its plans for a 20-story tower in 2022. At the time, officials there cited a shortage of high-end properties and planned to begin work at the end of 2023.
‘Plushest pleasure dome’
The rounded building dates to 1969, and it held the title as Raleigh’s tallest building for the next eight years.
The News & Observer raved about it as “the plushest pleasure dome ever decreed here,” and multiple bands, including Southern Culture on the Skids, played its 20th floor.
The announcement of its upcoming demise inspired a cult following around Raleigh, complete with T-shirts.
