Friday, September 25, 2009
YOUNGSTOWN — The Wick-Pollock Inn would be converted into a university conference center with up to 11 guest rooms under a plan favored by Youngstown State University’s Board of Trustees.
The board’s Finance and Facilities Committee, with all but two trustees present, voted today to endorse that plan that carries a $4.39 million price tag.
It was one of five options presented to the committee by the university administration.
Those options ranged from converting the inn to a bed and breakfast to making it a university alumni and advancement center to bringing in an outside management team to turn it into a 51-bed boutique hotel.
Boutique hotels are small, usually luxurious hotels complete with some theme but not affiliated with a chain.
Costs ranged from $4.15 million for the bed and breakfast concept to just over $11 million for the boutique hotel.
The trustees already have earmarked $3.95 million for renovation of the inn at 603 Wick Ave. as part of a $20 million bond issue the university plans to borrow in early 2010.
For the complete story, see Saturday's Vindicator and Vindy.com