Tuesday, March 1, 2011

Statler Hotel has a new owner!

I have written a few times (here, here, and here ) about the Statler Hotel and its travails. News today from Dallas Observer and Unfair Park's Fingers of Fury, Robert Wilonsky is that the Statler Hotel has a new owner. Its former Hong Kong based owner has sold the hotel to local developers Ricci Dallas Investments for $13.1 million dollars. According to Unfair Park, the owners plan on cleaning it up and getting with local preservationists to discuss its future renovation.

I have always been a fan of this building and all the MCM goodness it has to offer. If the folks at Ricci Dallas Investments can get the renovation off the ground it will be a boon to downtown, the future UNT Law School, and a nice bookend to the Main Street Garden.

Read more about the sale here, here and here.

1 comment:

Dana@Mid2Mod said...

Glad they picked up the library too. We've been saying for ages that someone should do something great with it.