One Down, One To Go
GRAND RAPIDS — Alticor Inc. easily cleared one hurdle last night and will try to jump over another one next week in its quest to build a new 340-room hotel at the southwest corner of Pearl Street and Campau Avenue.
Now that the city’s Historic Preservation Commission ruled Thursday that the Israels Building at 226 Pearl St. NW has no significant architectural or historical merit and isn’t worth saving, Alticor can focus its attention on getting approval from the city’s Planning Commission.
The company and its representative for the hotel project, HP3, will meet with planners next Thursday when three issues will be on the agenda. Alticor needs approval for overhead walkways, a landing pad for helicopters, and authority to raze the
With the advisory finding from the preservation commission on the record, planning commissioners will focus their attention on the new use proposed for the
The hotel would rise 24 stories, feature a ballroom that could seat up to 1,000, and have a parking structure for 700 cars. Alticor has estimated that the hotel will cost from $60 million to $70 million, with the parking deck adding possibly another $10 million to the total tab. Roughly $11 million in public funds are going to the project.
Preservation Commissioner Mark Miller, a local architect, said he wants to save as many of the city’s older structures as he possibly can, but he remarked that the
“It is not significant or special,” said Michael Kaufman, a principal with Lohan Caprile Goettsch, a
Kaufman added that a terra-cotta portion from the upper level of the
Alticor bought the building in October 2003. Israels Designs for Living occupied the structure from 1977 until last October.
Pepper Construction of Chicago and Rockford Construction will manage the project. A groundbreaking ceremony is set for this summer. Construction is expected to take two years and Alticor plans to open the hotel in September 2007.