Altamont building owner: will preserve building's character, convert to rental condos
There's an update this weekend on the plans involving the Altamont Theatre's future.
We told you earlier this week that the current tenants who run the Altamont Theatre, were closing the theatre at the end of the year to make way for condos, but we didn't then know the details of the plan.
Now the building's owner, Brian Lee, now confirms there will be two more short-term rental condominiums added to the space, bringing the total there to eight.
Lee says they will most likely be ready by next spring.
He says the short-term rental controversy in Asheville is complex, with many sides and valid points.
He said he supports city council's ability to work out a compromise that works for everyone in the future.
Read a statement below from Lee and his wife Tiffany regarding their decision.