Hotel Fredonia moves one step closer to rebirth - KTRE.com | Lufkin and Nacogdoches, Texas

Hotel Fredonia moves one step closer to rebirth

The proposed exterior look of Hotel Fredonia. Legal contract for hotel-motel tax under consideration by council. Sale scheduled for Sept. 15. (Source: KTRE Staff) The proposed exterior look of Hotel Fredonia. Legal contract for hotel-motel tax under consideration by council. Sale scheduled for Sept. 15. (Source: KTRE Staff)
Potential buyer, Nacogdoches restaurant owner Richard DeWitt wants a total renovation. Unwanted hotel items expected to be sold at auction. (Source: KTRE Staff) Potential buyer, Nacogdoches restaurant owner Richard DeWitt wants a total renovation. Unwanted hotel items expected to be sold at auction. (Source: KTRE Staff)
Ceilings have been exposed for months so plumbers, electricians, roofers and other contractors can make cost estimates. (Source: KTRE Staff) Ceilings have been exposed for months so plumbers, electricians, roofers and other contractors can make cost estimates. (Source: KTRE Staff)
NACOGDOCHES, TX (KTRE) -

A significant step in moving the Hotel Fredonia purchase and major renovation along in Nacogdoches has been made.

Tuesday afternoon, the Nacogdoches City Council approved the legal agreement between the City of Nacogdoches and the man who wants to buy the hotel. The next step will be the actual purchase of the now-closed hotel.

Hotel Fredonia is showing signs of hosting plumbers, electricians, roofers and other contractors over the last seven months. The dissection ordered up by potential buyer, Nacogdoches restaurant owner Richard DeWitt for estimates of hard core renovations.

City Attorney Rob Atherton didn't climb thru the attics, but he is close by with the calculator.

"They have agreed to invest at least $9-million into the project, assuming the purchase price is around $2 million,” Atherton said.

The expenses are watched because the city negotiated an agreement to allow the hotel to keep the hotel motel tax it specifically generates.

"The Fredonia only gets to eat what it kills,” Atherton said. It only gets to receive money that it generates. They hope it will be over $150,000 a year for a 10-year period.”

The Hotel Fredonia vision is a new look, but it’s also a feel of the 50s to reflect its beginning in 1955.

The very traditional lobby and front entrance will be replaced with the sleek, straight lines of 60 years ago. All 110 rooms will be redesigned. An elegant steak house and a Texas food cafe will be served by a new kitchen. Two new pools will be built.

Unwanted items from toilet paper to room furniture and kitchen ware will be go away. The clock has ticked long enough. Items will be sold at auction and with city council approval the renovations will begin. 

"I think they're probably going to purchase it September 15, and then they have about a year and a half to complete the construction,” Atherton said.

On Tuesday, the move was in the hands of city council and attorneys. The city manager and the potential buyer were not present, but their work is far from over.

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