Seaway Hotel Acquisition by Housing & Redevelopment Authority Completed
The Housing & Redevelopment Authority completed the purchase of the Seaway Hotel on July 1, 2014, and is now preparing for the major renovations which will make the property a safer and better living environment for the 60 residents who live there. The HRA has teamed up with Center City Housing to provide property management services, and CHUM to provide supportive services for the building’s residents.
The keys were turned over to the HRA following the completion of legal work and funding made possible through partners including the City of Duluth through the Duluth Economic Development Authority (DEDA) who provided acquisition loan financing, the Minnesota Housing Finance Agency (MHFA) who provided financing for the building improvements and renovations including repairs to damage caused by the 2012 storm as well as operational support, and the Greater Minnesota Housing Fund (GMHF) who is assisting with funding for supportive services and security improvements. Included in the building improvements will be a common-area kitchen facility, as well as all code improvements required by the City.
Rick Ball, HRA Executive Director, indicated that the property acquisition is a turning point not only for the residents, but also for the community. “We are proud to be able play a role in the revitalization of the building, and meeting the residents’ needs in a very positive living environment, and also see this as the beginning of a revitalization process for the Lincoln Park business district and neighborhood” said Ball. The City has begun a small area planning process for the neighborhood which is expected to result in a vision for further improvements for the neighborhood.
Work is expected to get under way in the next several weeks on the building improvements, and should be completed by the end of the year.
For more information, call Rick Ball, Executive Director, 218-529-6341