Friday, March 27, 2015
Work starting on hotel redo on the south side of downtown Dallas
Developer Hamilton Properties has begun demolition inside the former Ramada Plaza hotel just south of downtown Dallas.
The real estate company is renovating the vacant, 12-story hotel tower which has a front row view on the downtown skyline and is at the entry to Dallas’ Cedars neighborhood, which is seeing widespread development.
In January the U.S. Department of Housing and Urban Development said it would back an $11 million loan to pay for part of the deal.
The Akard Street hotel – which has been empty for years – will have about 220 rooms when it opens next summer.
Developer Larry Hamilton said Wednesday that he’s still ironing out final details of the project and should have a formal announcement of the project soon.
The renovation will include a top floor restaurant to take advantage of the downtown view.
The former Ramada tower is just blocks from the historic Ambassador Hotel, which just sold to developers who also plan to remodel the landmark.
Steve Brown, The Dallas Morning News