Hotel Indigo Raleigh opened on 1 October 2026 at 320 Hillsborough Street. The hotel holds 204 rooms in a round tower that opened in 1969 as a Holiday Inn. Tidal Real Estate Partners bought the building in 2021, closed it for conversion in 2025, and reopened it under the Hotel Indigo flag after a $36 million renovation.
An Operator Rebuilds a 1969 Round Tower
Lundgren and Maurer of Austin, Texas, designed the tower in 1969 as a round Holiday Inn. Carlos Faz, the hotel's general manager, said nine round Holiday Inns survive in the United States. The building traded later under the Clarion and Holiday Inn flags. Tidal first proposed a tower with a Kimpton hotel for the site. The company changed course in June 2025 and chose to preserve the structure.
The hotel is the first Hotel Indigo in Raleigh and the first IHG Hotels & Resorts property trading in downtown Raleigh. The brand's other North Carolina hotels sit in Asheville and Winston-Salem.
Guest-Facing Spaces Carry the Project
High Ground Lounge opened at the crown of the building. The opening announcement places it on the 20th floor. A pre-opening announcement from 15 July 2026 describes the tower as 19 stories and puts the lounge on the 19th floor. The restaurant serves a contemporary read of Southern cooking rooted in North Carolina and the wider South. The bar runs craft cocktails and a curated beverage list. The room also books private events and social gatherings.
Selective demolition on the ground floor joined fragmented areas into one light-filled community lounge. A vintage Airstream trailer in the courtyard connects the check-in and arrival spaces and serves coffee. It faces Hillsborough Street.
The hotel built flexible meeting and event rooms for corporate groups and milestone celebrations. A 1,500-square-foot fitness center carries TechnoGym equipment.
Design and the Local Reference
The curved footprint shaped the interiors. The New York firm Inc. paired sculptural forms and geometric patterns with polished chrome accents and custom built-in furniture. Warm oak finishes reference Raleigh's nickname, the City of Oaks. Cork and a collection of work by North Carolina artists, curated by nineDOTarts, run through the property.
Ownership, Management and the Build Team
Sage Hospitality Group, a Denver company, manages the hotel. John Moriarty & Associates was the general contractor. ESa led the architectural renovation, with Travis E. "Tripp" Parker as its principal.
Raleigh City Council designated the property a historic landmark on 2 December 2025.
The cost figures in circulation differ. The opening announcement carries $36 million. City of Raleigh permit filings, reported by Axios Raleigh in December 2025, put the work at $33.8 million. Triangle Business Journal described a $49 million redevelopment figure in June 2025.
The General Manager's Read
Faz framed the reopening around the neighborhood. "This building has been part of Raleigh's story for generations," he said. "Our goal is for the hotel to feel like a true community gathering place."
Daniel del Olmo, president and chief executive of Sage Hospitality Group, said the project represents an investment in one of downtown Raleigh's landmarks.
Rooms book at www.indigoraleigh.com. The hotel stands at 320 Hillsborough Street, Raleigh, NC 27603, a short walk from the State Capitol. The hotel posts updates at @hotelindigoraleigh on Instagram.