By: C. Anderson Romagnano
The building must remain extant, as you really can't in terms of that site, it was a spectacular accomplishment when it was constructed.
Comments on: Inside the Plan to Redevelop Grand Hotel
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By: James Schmitz
It would be helpful to see the financial pro forma that shows how the project will “pencil”. Does the market study support enough REVPAR (revenue per available room - enough occupancy and high enough room rates) to pay the operating costs plus the debt service. It would also be good to know more about he developer’s experience. Which projects have they completed? What projects to they operate?…
By: Kathy Tanner
VERY TRUE, IMO Pensacola, we need a full service hotel downtown. Local hospitality is abbreviated and cell phone app driven, Pensacola, it appears this space is the KING of Parking and and QUEEN of "air space" envy. In the city trying to RID CARS for bikes and walkability due to developers needs, I can bet you dollars to donuts A CRA DOLLAR would NEVER support this opportunity for the HOTEL buyer…
By: Joe Buck
Downtown is about to be saturated with hotels. I can think of 4 right now under construction or projected to be built. Now, a fifth one.