I read this in today's Dispatch -
Holiday Inn to become 480-bed OSU dormitory
By Mike Pramik
THE COLUMBUS DISPATCH
Ohio State University’s community development arm has reached a tentative deal to buy Holiday Inn on the Lane and close the campusarea hotel on March 31.
Harper Hotels Inc. would receive $19 million from Campus Partners for the 243-room hotel, which the university wants to use as student housing. Campus Partners is scheduled to complete due diligence on the transaction by Feb. 27. If it decides then to proceed with the purchase, the deal would close at the end of March, said Doug Aschenbach, interim president of the development group.
The Holiday Inn is a Lane Avenue landmark that for decades provided lodging for families of OSU students, Buckeyes fans and people doing business with the university.
But with several south campus dorms set to undergo repairs in the coming years, the university sought out the extra space.
Campus Partners plans to spend $4 million to $6 million to convert the hotel into a 480-bed dorm. Aschenbach said it’s possible the dorm will be ready by fall quarter.
The Holiday Inn also is widely known as the home of Hineygate, an OSU football-related party featuring live music. Aschenbach said Hineygate’s fate is uncertain.
“Our first issue there is determining when students will occupy the building,” he said. “That will allow us to evaluate options that may be available on continuing to host Hineygate.”
What the hell? Are you kidding me? There will be no reason for me to visit Columbus ever again!!! Well, other to visit Stace & Chris. And all of my friends. And to go to the football games. ANd to get my stuff. But seriously! I have many many memories of the Holiday Inn on the Lane. It's a travesty!!!!
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1 comment:
Exactly, and we just started getting into Hiney Gate and going to the games too...Great.
Your Sis
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