Future of Lotus Lounge property in Greensboro under discussion

by Jeff Sykes

Sources indicated late Wednesday that Lotus Lounge owner Paul Talley has decided not to reopen the club located at 120 W. Lewis St.Most of the primary players involved declined to comment on the possible sale of the club property, which is being marketed by Simpson Commercial Realty, saying that a process was being worked out by Downtown Greensboro Inc. Sources indicated that DGI plans a press announcement, possibly as early as today.Talley bought the property at 120 W. Lewis St. in June for $1.4 million.Lotus Lounge is considered the largest nightclub in Greensboro, often filling its social media stream with packed-house pictures of a vibrant dance scene. Plans for a large event to coincide with NC A&T’s homecoming in October could be moved elsewhere.It is likely that developer Andy Zimmerman could be interested in the property. Zimmerman owns most of the property on the opposite side of West Lewis Street, including the building housing Gibbs Hundred Brewery, in addition to The Forge, and the recently opened coworking space, HQ Greensboro. Zimmerman bought the property at the corner of Lewis and Elm streets, across Lewis Street from Table 16, and is currently marketing one remaining office. Two marketing firms have committed to rent space in the building.Lotus Lounge has come under intense scrutiny in the past year following two shooting deaths involving patrons leaving the club near closing time late in the night.Greensboro City Manager Jim Westmoreland said the city was aware of the possibility that Talley might sell the property.”While the City is aware that Mr. Talley has been speaking with others about the future of the Lotus Club and its property, at this time the City has received no formal request from Mr. Talley to participate,” Westmoreland said in response to a series of questions YES! Weekly asked this morning.We are waiting on specific answers to follow up questions and will update as more information becomes available.