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Manchester Inn ????? |
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Vivian Moon
MUSA Council Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
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Posted: Feb 27 2015 at 6:49am |
I found this while looking for another article. Has anyone heard any updates on the Manchester Inn? Has anyone seen the final blueprints? Have they started any demo on the inside of the building? I did not see any building permits posted on the door? This building was due to be completed on October 2015... Posted: 6:46 p.m. Tuesday, Feb. 4, 2014 By Rick McCrabb Staff Writer
City council voted tonight to sell the Manchester Inn & Conference Center to a developer that the city hopes will return the downtown property to a “vibrant destination.” Council voted to allow the city to enter into a development agreement with Manchester LP, headed by William E. Grau from Coldwell Banker. Grau said he will perform a feasibility study within two months to determine the best use of the Manchester. Grau offered to purchase the Manchester for $1 and said he plans to invest $10 million into the property via loans and tax credits. Grau must apply for historic tax credits by July, which is a “very aggressive” timetable, said Denise Hamet, the city’s economic development director. Grau said he hopes to begin construction by October 2014, and have it completed within 12 months. Grau, who appeared on Skype, said he hopes to make the Manchester “everything it can be.” The 91-year-old hotel was purchased by the city in 2011 for $175,000 and officials were asking for a sale price of $325,000. The other proposal was submitted by Historic Middletown Developers LLC, which includes a five-person development team. |
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Perplexed
MUSA Citizen Joined: Apr 22 2009 Status: Offline Points: 315 |
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Vivian, you are to be commended for keeping an eye on the bureaucrats.
In my hometown, a 90 year-old abandoned department store on the public square is now well on its' way to become 80 marker rate lofts. Two other former office buildings in the CBD core are undergoing a transformation in becoming both market rate and elderly/handicapped apartments. Things for the better can happen in Middletown.....someday. |
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