Dunedin: Historic Fenway Hotel close to purchase, replacement
DUNEDIN - The city says bank officials are slated to approve a developer's bid to purchase the Fenway Hotel "any day now."
James and Christy Bower, a father and daughter real estate development team out of Pennsylvania, plan to tear down the deteriorating structure at 453 Edgewater Drive and build an 88-room independent boutique hotel in the exact same image as the original building.
The concrete and steel-reinforced facility is also envisioned to feature a courtyard, 27 to 33 waterside condos, a 1920s interior and artifacts, as well as 11,000 to 19,000 square feet of conference space. The hotel would be similar in size to what's already there and retain some form of the Fenway name.
In anticipation of PNC Bank approving sale of the foreclosed property as early as this week, city commissioners on Thursday gave the staff the unanimous okay to start drafting a development agreement. That document would authorize the city to expedite its permitting process so the hotel could open by Jan. 1, 2015 - peak tourism season.
More details here.