Ridgeway Construction UpdateNovember 29th, 2010 by Joe Burgess
Posted Oct. 4, 2010
Posted Aug. 31, 2010
MonticelloLive took a tour of some of the work being done at the Ridgeway Hotel, recently, as it is being renovated to serve as a 32 unit elderly housing facility. Here are some of the changes taking place, at this point in the construction.
The Dave Grundfest Company, of Little Rock is the construction contractor.
More updated photos will be posted in the future from the Ridgeway, as this historic landmark comes back to life in downtown Monticello.
Posted May 18, 2010
Ridgeway Hotel Sr. Housing Should begin Early Construction Next Week
After years of hard work, planning, and negotiating by members of the MEDC, the Ridgeway Hotel, which is being remodeled into housing units for elderly residents, is expected to see early stages of construction in the next week.
More information about the project is posted below the link.
Posted May 15, 2010.
Pre-Construction Meeting Held Tuesday for Ridgeway, Work Could Start Later This Month
Tuesday morning, a pre-construction meeting was held at the Arkansas Development Finance Authority office in Little Rock, to work out a few of the remaining details to be considered before remodeling begins at the old Ridgeway Hotel, on Gaines Street, just off from the Monticello square.
Among those present were representatives from ADFA, Neighborhood Builders, Fennell Purifoy Architects, Grundfest Company (general contractors), Bennie Ryburn III (MEDC president), Truman Hamilton (MEDC Director), and Mayor Joe Rogers.
Items discussed included: inspection guidelines, contractor responsibilities, agency policies, construction postings and ARRA signage requirements, and labor requirements, among many other topics.
The completion date is estimated to be around April 15, 2011.
When completed the Ridgeway will provide 32 elderly housing units inside of the old Hotel, that has been a Monticello landmark to many older residents for many years.
When completed, the structure will provide a 5 story elevator to service residents living in the former hotel area. There will also be a sky walk (shown in the picture to the right) for residents of the current 2-story building on the west end of the block.
For more information, continue reading the related article below.
The story below posted on April 27.2010.
Ridgeway Loan & Financing Agreement Signed
The official loan and financing agreement providing for funding of the Ridgeway Hotel housing project was signed last week, at the office of the Arkansas Development Financing Authority, in Little Rock.
The Ridgeway Hotel project had been approved by the ADFA to receive an estimated $5.4 million in funding, through different types of funding sources.
Shown with MEDC president Benji Ryburn, are representatives from ADFA and Neighborhood Builders development group. Also attending the closing were MEDC director Truman Hamilton, and Monticello Mayor Joe Rogers.
The Ridgeway will be operated by Ridgeway Monticello, LP, a subsidiary of the MEDC.
“The Ridgeway” was added to the National Registry of Historic Places in February.
The Ridgeway Hotel Historic District at 200-206 E. Gaines St. features three buildings constructed between 1912 and 1958.
“The Ridgeway Hotel, the Building at 202 East Gaines Street (Pool Hall) and the H. M. Wilson Building, collectively known as the RidgewayHotel Historic District, are significant for the district’s association with the commercial development of Monticello during the Great Depression,” the National Register nomination says. “The historic district is also a fine collection of early 20thCentury commercial buildings with Mediterranean, Italianate and Classical architectural influences.”
The Ridgeway Project when completed, will provide 32 convenient housing units for elderly residents.
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