Mississippi hotel owner says renovation to resume after loan
NATCHEZ, Miss. (AP) — The owner of a noted hotel in a Mississippi River town says renovations should resume within 100 days.
Eola Hotel owner Robert Lubin tells The Natchez Democrat that he’s seeking a loan to complete the next phase of the project.
Work stopped on the project earlier this year after demolition and cleanup. Lubin, a Virginia attorney also renovating the former Markham building in downtown Gulfport, says he’s still proceeding.
Lubin plans a 70-to-80 room hotel and two or three penthouse apartments in the Natchez structure, which opened in 1927.
The developer says he’s seeking financing from out-of-state lenders and hopes to resume work this summer, finishing in next spring.
Lubin says he’s working with a partner who was also involved in rebuilding the White House Hotel in Biloxi.
Information from: The Natchez Democrat, http://www.natchezdemocrat.com/