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Article: United States: SLC might buy Rio Grande Hotel.
- Article from:
- TendersInfo
- Article date:
- May 12, 2009
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Byline: sanjayV03
Salt Lake City is angling to buy the vacant Rio Grande Hotel, a move that could provide 49 pet-friendly units if officials decide to shutter State Streets tottering by-the-week rentals.
"Its a great opportunity," said Councilman Luke Garrott, vice chairman of the Redevelopment Agency Board. "The building is recently remodeled. By all accounts, its in far better shape than the buildings on State Street."
The Rio Grande at 428 W. 300 South would offer alternative affordable housing at $80 a week if the city closes, as tenants fear, the crumbling Regis and Cambridge hotels on State between 200 South and 300 South.
The ...