Updated: Texas firm working to reignite Quality Inn redevelopment plan

The Quality Inn Central hotel site had been eyed for nearly 400 apartments. (Mike Platania photo)

Editor’s note: This story has been updated to include information received from developer Trinsic Residential Group received Monday morning after publication. 

A longtime Northside hotel is getting to extend its stay near The Diamond, at least for now. 

The Quality Inn Central hotel at 3207 N. Arthur Ashe Blvd. is still being pursued for redevelopment by Texas-based Trinsic Residential Group, despite the recent expiration of the company’s contract to purchase the property. 

The developer initially put the roughly 4-acre property under contract in late 2022, with plans to build a five-story, 375-unit apartment building to replace the hotel. 

Though the contract expired in recent months, Trinsic representatives said Monday that it is still actively in conversations with the hotel’s owner and trying to raise capital for the project with the hopes of seeing it through to the finish line.

The 176-room hotel remains open for business. 

Trinsic, which according to its website has built over 20,000 high-end units across the country, had been working on a rezoning request for the property but never filed a formal application, city planning files show. 

The roughly 4-acre site is owned by an entity tied to Bill Patel, who couldn’t be reached. The city most recently assessed the real estate at $6 million. 

While it remains open as a hotel, the property also remains in the line of progress in a rapidly changing part of the city. It sits just north of the city’s planned Diamond District site and the Flying Squirrels’ new ballpark that’s under construction. It’s also within eyeshot of the Hermitage Richmond retirement community, which recently unveiled a $120 million expansion. 

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