Developers behind the new Farragut Hotel gave a sneak peek of renovations at the historic building on Friday.
The hotel will hold 162 rooms and suites with meeting rooms once complete, as well as a rooftop venue.
Dover Development General Manager Rick Dover said the company is excited to work on projects deeply rooted in Knoxville's history.
"This building to me is quintessentially Knoxville. This building tells a story of our past. It's been here now for 99 years, and it was the grand dame of a hotel when I was growing up," Dover said.
The hotel is set to open next year in the late summer or early fall.