Palm Beach Post This year, Hudson Holdings flirted with the idea of selling the historic hotel after promising to give it a $70 million facelift. According to Hudson Holdings cofounder, that is no longer the case.
STL Today With new owners and a plan to adapt the century-old office building, the giant Railway Exchange Building may be empty for only a couple more years. The plan is to fill about half of the 1.2 mil sq ft building with apartments, office space, and ground-floor retail.
MultiHousing News The new development will be named after Hotel Continental, which opened in the 22-story building in 1938 and operated there for the subsequent 45 years. Following a $50 million investment, the Mark Twain Tower will be transformed into a 154-unit apartment building.
Cleveland.com The new owner of the former Huntington Building in downtown Cleveland plans to spend $280 million to convert it into a vibrant mix of apartments, office space, hotel rooms, restaurants, stores and banquet and conference space.
USA Today A Florida company has closed on the purchase of the Starks Building and plans a major makeover of the historic downtown anchor property that will include apartments, hotel rooms and office space.
Palm Beach Post Delray Beach’s historic Sundy House hotel, restaurant and gardens, along with several downtown historic properties, sold Monday to a real estate partnership for $17,150,000. Plans are to keep the Sundy House on Swinton Avenue as is but expand its banquet, catering and brunch business