CHENNAI: The iconic Adyar Gate hotel in the tony Boat Club area may soon make way for a high rise of premium residences.
Property developer Ceebros is finalising a redevelopment agreement with the Goyals, the family that owns the Adyar Gate Hotels Limited (AGHL). The 286-room hotel was a landmark 5-star property since its inauguration in the 1970s. It was later run by ITC as Park Sheraton Hotels & Towers for years and then became the Crowne Plaza, but was always known by its first name.