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CRA staff: hotel restoration advancing, Place Economics study due and thrift-store sale set for March
Summary
City staff told the CRA the historic hotel restoration project is progressing as a costly public–private partnership, Place Economics has been hired with a report expected soon, and a sale‑purchase agreement for the CARE Center thrift store will be ready for the March 10 CRA meeting with a prior work session planned the week of March 3.
City staff told the Lake Wales CRA on Feb. 10 that work on a planned restoration of the historic downtown hotel is advancing and that staff expects more definite information on the public–private partnership structure in the coming days.
The director said the project is complicated and expensive compared with new construction and that the city will be a contributing public…
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