- Vector plans 175-room Moxy in downtown Knoxville.
- Arriba Capital arranged $47 million construction loan.
- Hotel scheduled to open in 2028.
VECTOR HOSPITALITY, INC. plans to develop a 175-room Moxy by Marriott in downtown Knoxville, Tennessee. The seven-story hotel is scheduled to open in 2028.
The hotel will rise on the former Merchants of Beer site at the entrance to the Old City, a historic entertainment district. It is near Covenant Health Park, Market Square and the University of Tennessee, the company said in statement. Vector bought the property for $5.15 million in December 2024. The Atlanta-based company broke ground on the 161-room AC Hotel by Marriott in downtown Knoxville in 2025.
The Moxy will have three food-and-beverage outlets, the statement said. The Getaway, a 4,300-square-foot rooftop bar and lounge, will offer a whiskey-focused cocktail program and skyline views. Its theme draws on outlaw Harvey “Kid Curry” Logan’s 1903 escape from the Knox County jail and ride across the Gay Street Bridge.
Bar Moxy will anchor the ground-floor lobby, serving cocktails and local beer, with a keg art wall celebrating Knoxville icons. The Pop-Up Hub, an outdoor breezeway bar with stadium-style seating and a game-day setup, will target traffic between the city’s sports venues and the Old City.
Vector is led by President Aman Patel.
“The Old City has long been one of downtown Knoxville’s most vibrant and distinctive neighborhoods, and we’re excited to introduce a hotel that reflects its energy, creativity and character,” said Patel. “The Moxy represents another exciting step in expanding our footprint in downtown Knoxville and furthering our investment in a market we strongly believe in.”
Arriba Capital, the project’s exclusive financial advisor, arranged a $47 million senior construction loan from a national lender with hospitality experience. The loan covers about 77 percent of the project cost.
Tim Valaski, Arriba's vice president, said hotel demand in downtown Knoxville has outpaced new supply.
In May, Vector broke ground on the 123-room Hampton Inn Atlanta Kennesaw NW/Town Center in Atlanta, scheduled to open in summer 2027.
