According to the Albany Business Review the owners of the Adelphi Hotel who are close to completing what must be the most expensive restoration in the history of the city ($28,000,000.00) have even bigger plans. They are seeking to build what the ABR describes as “a second hotel with a spa and ‘resort-style pool’ on the land along Washington Avenue which includes the old parsonage at 23 Washington along with what appears to be the parking lot (19 Washington?).
The developers, Toby Milde and Adelphi Hotel Partners LLC say they are going to invest $14 million dollars to build a six story, 50 room hotel there.
The parsonage would be converted into what they describe as a “three-room presidential or bridal suite with an entertainment parlor on the first floor.” This would be connected to the new hotel and through that into the Adelphi.
In the meantime, the Van Dam which abuts the Adelphi is going to be transformed into a 152 room hotel. Earlier stories indicated it would be a Hotel Indigo property.
Just up the street on Washington is the Universal Preservation Hall being developed by Philip Morris, CEO of Proctors (Schenectady) for a measly $7,000,000.00 as an expanded entertainment venue.
This is going to be quite the intersection.