BRYAN, Tx (KYLE) — About 12 years ago, the La Salle Hotel in Downtown Bryan was a major eyesore and a favorite hangout for the homeless.
So, in an attempt to help revitalize the downtown area, the city purchased the deteriorating building and renovated it back to its original state of glory.
Now the city is finally looking to part ways with the historic landmark and get out of the hotel business for good.
A fixture in Downtown Bryan, the La Salle Hotel is credited with being the catalyst for Downtown Bryan's revitalization.
"Ever since it was built, it's been the place to come and stay in Downtown Bryan," said director of the Downtown Bryan Association, Rene Lawrence. "And it still holds that to this day."
The city purchased the derelict building back in 2001 and went into more than $3 million of debt re-modeling the seven-story, 55 room landmark, but after nearly a decade of being in the hotel business, the city is now in the market to sell.
"What's actually happening now is what we envisioned," said Deputy city manager, Joey Dunn. "And that is that the city would never forever own a hotel, that ultimately it would be something that the city would be more in a supportive role."
Dunn says the city is still in negotiations so they can't release specifics on the deal but he promises that whoever buys the property will keep it as a hotel.
"I assure you that the buyer's intention is to maintain it as a hotel. That's exactly what it is and that's what it will continue to be."
Something Lawrence is happy to hear, "It's wonderful that we have the La Salle here because it really is a gem to our community here in Bryan-College Station. There is no other historic hotel quite like it."
The La Salle could have a new owner within six months.