Thursday, November 02, 2006

Prium May Buy Winthrop Hotel

Local developer Prium Companies has just announced an agreement with A.F. Evans Development to purchase the Winthrop Hotel. Prium is a Tacoma-based real estate development conglomerate with projects in 26 cities statewide.

"We have executed a purchase and sale agreement with AF Evans that we anticipate to close by the end of the year," says Peter Ansara, Prium's Chief Operating Officer in a release issued this morning. "We are in the process of studying the potential for mixed use with a focus of developing a significant portion of the Winthrop to its original hotel state [along with] the potential of condominiums, relocation of the residents and historic preservation..."

1 comment:

  1. We are in the process of studying the potential for mixed use with a focus of developing a significant portion of the Winthrop to its original hotel state.

    All of the late breaking news on the Winthrop Hotel has kept alot of us on edge.

    However, if the focus is kept on restoring the Winthrop Hotel with a focus on historic preservation, as Prium appears to want to do, I think are headed in the right direction.

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