Quote:
Originally Posted by ATXboom
That extended stay needs to be demolished...
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That was the site of the old Alamo Hotel. In 1984, Stanley Adams - president of Lamar Savings (where I worked) - planned for the residents of the hotel to be evicted and the hotel to be torn down. Lamar Savings owned the land and were planning to build Lamar Financial Plaza, a parking garage and a Holiday Inn Crowne Plaza Hotel where the Alamo Hotel once stood..
It wasn't much to look at, but then again, it certainly would have blended in well with all the other beige/brown buildings being built in
Browntown Downtown Austin at the time.
A homeless advocate was mad about it and put a
curse on the site declaring it would never yield a profit to anyone who holds it.
After the Alamo Hotel was torn down, the Lamar Financial project was abandoned, Lamar Savings went out of business and Stanley Adams went to federal prison for bank fraud.
The homeless advocate eventually removed the curse from the site. I'm not sure exactly what year that Extended Stay America hotel was built, but whoever built it purchased the land in 1998, so it's not even 20 years old yet. I agree, though, that it should be torn down and something better be built in its place.