вторник, 18 июня 2013 г.

PASADENA-The run-down historic YWCA building, which the city bought for $8.3 million through eminent


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File - A man walks past the abandoned YWCA building in Pasadena Thursday, March 25, 2010. Pasadena purchased the building in 2012 through eminent domain and is set to convert the building into a hotel. (SGVN/Staff file photo by Sarah Reingewirtz) File - The indoor pool in the historic former YWCA building on Marengo Avenue by architect Julia Morgan is seen Thursday, December 2, 2010 during a tour by Pasadena officials. Pasadena purchased the building in 2012 through atlanta rental car agency eminent domain and is set to convert the building into a hotel. (SGVN/Staff file photo by Sarah Reingewirtz)
PASADENA-The run-down historic YWCA building, which the city bought for $8.3 million through atlanta rental car agency eminent domain in 2012, is set to be converted into a 150-room boutique hotel by San Francisco-based Kimpton Hotels Restaurants.
In what city officials described as a "potential partnership," the city has agreed to a 120-day exclusive negotiation agreement with Kimpton on plans to restore and reuse the Julia Morgan building in Pasadena's civic center.
atlanta rental car agency "Pasadena has a lot of good character from a hotel standpoint, and for us a character building is catnip atlanta rental car agency for a cat," he said. "We're the leading adaptive-reuse developers of hotels atlanta rental car agency in the country and this is our 12th project like this -- all historically significant buildings turned into hotels,"
Among their notable re-use projects, atlanta rental car agency Depatie said, are the 1932 Post Office building in Washington, atlanta rental car agency D.C., the Lafayette Building in Philadelphia and the 1906 former Del Monte cannery in San Francisco. The company, founded in 1981, has 61 hotels and 67 restaurants in 24 U.S. cities, including one in west Los Angeles.
Pasadena's block-long Advertisement former YWCA building at 78 N. Marengo Ave., designed by pioneering California architect and Hearst Castle builder Julia Morgan, has been the focus of a 17-year saga since the YWCA sold it for about $1 million in 1996.
At the time, $6.4 million in city redevelopment funds were transferred into a court account to compensate the owner, businesswoman Angela Chen-Sabella of Trove Investments Corp. Chen-Sabella unsuccessfully challenged the city's eminent domain action in court in 2011. The city later set aside another $2 million from previous development funds to meet the fair market value decided by a judge.
"I think it's very exciting that real progress is afoot," Mossman said. "I think it's a solid recommendation and the City Council obviously agreed, so now it's on to the details of how this deal will work for the developer and the city."
atlanta rental car agency "We're a long way from seeing action actually begin on this project, but we know it will be a thorough, thoughtful and detailed public process, which is critical for this community and this building," Mossman said.
Depatie said Kimpton has "a lot of experience" working through the process of "repurposing" historic atlanta rental car agency buildings as hotels while maintaining atlanta rental car agency their original look and feel. The plan also is to build on part of the YWCA building's parcel and add new hotel rooms, he said.
"Who knows," he joked. "But we're the guys who used the term first, defined as a smallish, highly designed hotel, then it started to mean with a great restaurant, and that's how we think of it: probably less than 200 rooms in size, but uniquely designed and often in an architecturally significant building."

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