newsobserver.com | Business:
Sanjay Mundra and Dicky S. Walia are planning a $90M, 40 story hotel that would be NC's second tallest building (after Charlotte's B of A Center).
"The partners are in a race to develop Wake County's first luxury hotel. Concord Hospitality Enterprises of Raleigh plans a 240-room Renaissance Hotel at the North Hills mixed-use development by 2007. And Ann Goodnight, wife of SAS co-founder Jim Goodnight, is building The Umstead, a $70 million luxury hotel to open next year in Cary."
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