Downtown's Imperial Hotel Building Purchased
The renovated building is expected to contain 90 fully renovated units, with improved floor plan configurations, fully updated leasing and management offices, resident amenities and spaces for case managers and service providers and onsite security.
The extensive repairs will require a careful relocation of existing residents prior to construction. Residents will have the opportunity to return to the newly renovated building. In the meantime current residents will be provided with replacement housing and continuation of supportive services through careful work by Columbia and NCR staff.
The new owners have applied for a complex array of funding to ensure a long-term, sustainable community with a comprehensive replacement/update of building systems, unit interiors and management and amenity areas, enhanced security features, as well as updating to a sustainable (LEED-certified) energy-efficient building.
The joint venture is committed to historic preservation, maintaining the Imperial’s landmark character while updating the interiors and operations to a 21st century standard.