St. Cloud Hotel Renovation Returns On Track After Receiving $ 3 Million Grant – Canon City Daily Record

St. Cloud Hotel Renovation Returns On Track After Receiving $ 3 Million Grant – Canon City Daily Record

Unbridled is ready to lift the fences and hammers inside the historic St. Cloud Hotel within 45 days of receiving enough funding to finally move the project forward.

Representatives from the Colorado Bureau of Economic Development and International Trade, along with Governor Jared Polis, personally broke the news to Unbridled and city officials on Friday.

Mayor Ashley Smith shared on her Facebook page that the $ 3 million grant “will allow this key project to become a reality starting in November.” What a change for the revitalization of Cañon City! ”

Unbridled President Stan Bullis said this community revitalization grant “means everything” to the project and to Unbridled.

“A month ago we wrote a letter saying we couldn’t do it, and from that letter the people who knew about the grant put us in touch and it made it all possible, not just to the hotel, but it is “It will also give us the possibility to start on the Cabrini building” in Sainte-Scholastique, he said on Monday.

Unbridled bought the St. Cloud Hotel at auction in July 2018. Much work has gone on behind the scenes on Xvideos Red"}” data-sheets-userformat=”{"2":513,"3":{"1":0},"12":0}”>Xvideos Red, but the recent surge in construction costs has added $ 1 million to the renovation costs, putting the entire project in danger and beyond limits. current Unbridled resources.

The company reached out to a wider audience and crowdfunding solutions that could have included other partners / shareholders to help bring the project to the finish line at the end of July.

Unbridled had set a deadline of Oct. 1 to determine whether the St. Cloud Hotel was to be its next project or whether it should be shelved while investments shifted to other projects in Cañon City.

Now Unbridled plans to launch the hotel project in mid-November, and then it will only be six months before the historic bar opens. Nine months later, the lobby and restaurant should be ready.

“The hotel itself, the rooms will likely open in January 2024, Bullis said.

This frees up cash for Unbridled so that the process can begin on the Cabrini building at the Scholastica site. It will be added to the hotel and will house nine suites and a presidential suite on the third floor, with a spa on the ground floor. The chapel building will be used for weddings or corporate events.

“It’s hard to express our gratitude and what it does for Cañon City and for the hotel and Main Street,” Bullis said. “It’s a really, really deep investment.”

After years of work behind the scenes, the hotel project was ready to go when the grant was awarded.

“It was the kind of place where they were looking to invest their money to make a quick impact,” Bullis said. “We were rewarded on Friday and will start in 45 days. It is quite amazing.

Representatives from Colorado Creative Industries, a division of Colorado’s Office of Economic Development and International Trade, traveled to Cañon City on Friday to celebrate the grant. Polis stopped by as part of his Powering the Comeback tour.

“It was exciting to visit small businesses and hear community leaders from Salida, Pueblo and Cañon City talk about rebuilding better,” Polis said in a press release. “We know our economy is booming and by working with the communities I visited today, we will continue to create a Colorado where everyone thrives today, tomorrow and for years to come. . ”

Unbridled hopes to forge a positive future for the city by advancing the creative industries and the hospitality industry. Their main mission is to “restore people and places”.

“We are delighted to offer a Community Revitalization Grant to Unbridled for the St. Cloud Hotel in Cañon City, leveraging public funds with private investments for projects that advance the creative industries,” said Tim Schultz, President from the Council on Creative Industries.

Unbridled updates its mission by restoring several additional historic buildings in Cañon City. Their restoration of the historic post office serves as the Fremont Center for the Arts, where they created workspaces for artisans. Their ballroom annex building is home to a farm-to-table restaurant, Fremont Provisions, where local artists display their work and musicians share their talents.

“We’re excited to see applications from across the state to help spur job growth in the creative sector,” said Margaret Hunt, director of Colorado Creative Industries, which oversees the grant process.

Funding for this project comes from SB21-252, sponsored by Senate Majority Leader Steve Fenberg and Minority Leader Chris Holbert and promulgated by Polis. The legislation established a grant program to support the creative industries through the development of mixed-use spaces in historic community and commercial centers.

“This is exactly the kind of project that the legislation intended to fund,” said Senator Dennis Hisey. “An economic and community development project of this magnitude in Cañon City couldn’t have come at a better time. ”

The Community Revitalization Grant is still open, and ready-to-go and mixed-use projects that advance the creative industries are encouraged to apply.

Previous Citarella appoints Rich Durante CEO
Next Trevor Noah returns to Syracuse for more laughs and fun in 2022

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *