This historic Gulf Coast hotel could be just days from demolition

This historic Gulf Coast hotel could be just days from demolition. | via texasstandard

“A local Corpus Christi foundation, the Ed Rachal Foundation, has a contract to purchase the hotel on the terms and conditions that it will be demolished,” Doughty said. “The Texas Historic Commission has put a moratorium on it. It expires on Dec. 19. So we are trying to do all we can to save the hotel before that day.”to restore the current hotel instead of demolishing it to build a new one in its place.

Doughty and others fighting for preservation say that with state and federal credits, restoration could make more financial sense than demolishing and rebuilding. “Palacios is uniquely situated,” Doughty said. “We have Houston and Austin, San Antonio and Corpus in a sort of half circle all the way around us. We have a population of about 10 million people in terms of potential tourists to Palacios.”

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