P.G. Hotel Set for Wrecking Ball
By 250 News
Thursday, January 07, 2010 03:55 AM
Prince George, B.C.- The worst kept secret in Prince George has been officially “released” from the Ramada Hotel offices in Toronto.
In a joint venture with Commonwealth Realty Corporation, Days Hoteliers ( Ramada) has purchased the Prince George Hotel on George Street. The offer to purchase was known late last year, but the deal didn’t officially close until this week. The price tag has not been disclosed.
The plan is to level the historic hotel to create a new parking lot for the Ramada.
“Ramada has long been committed to providing our guests with exceptional service. Ramada is in the midst of a $5 million renovation which will be further enhanced by the additional parking & improved safety measures”, states Scott McPhail, Chief Operating Officer, Days Hoteliers Inc. (Ramada).
Officials from The Prince George Native Friendship Centre, in conjunction with BC Housing, worked diligently to ensure that all former residents were able to find satisfactory housing.
“Commonwealth has long been in the business of housing. We are pleased to know that this important urban development was advanced without anyone losing a roof over their head”, stated Dan McLaren, President, The Commonwealth Group of Companies.
The Prince George Hotel was originally constructed in 1914. It has been a fixture in downtown Prince George prior to the city’s incorporation.
The demolition of the hotel will start once the site has been assessed for issues such as asbestos.
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