The Kessler Collection has bought the historic Elks Temple building in downtown New Bern, North Carolina, for $2.25 million.
The transaction completed on 4 January with building and construction work set to begin at the start of 2023. Plans involve changing the property right into a 50-bed luxury boutique hotel.
It will certainly include a dining establishment and also bar, ballroom on the 5th flooring, a speakeasy, and retail area. The task is expected to be completed in 2024.
Mark Kessler, president and COO of the Kessler Collection, stated: “While each Kessler Collection hotel is one-of-a-kind to the location, it will certainly include signature Kessler Collection service and food as well as beverage, all while weaving in a thread of education throughout the hotel as well as guest experience.”
The Kessler group will certainly function along with the Historic Preservation Commission, State Preservation Office as well as National Park Service to refurbish the property as well as protect historic functions..
Initially built in 1908 by the Elks Lodge, architect Earl Applegate purchased the site in 1987 with plans to build condos. Realm Properties bought the building in 2007 and began making improvements prior to the 2008 collision suspended plans. The building has sat vacant considering that.
The Kessler Collection portfolio makes up 13 hotels, 27 restaurants and lounges, 7 health facilities as well as 8 art galleries.
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