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Illinois-based NexGen Hotels recently acquired the Holiday St. Petersburg West for $18.75 million, company president Chris Patel confirmed Tuesday morning.
Pinellas County property records state the company closed on the 129-room hotel Nov. 15. A limited liability corporation linked to the transaction secured a $12.91 million mortgage through Optimum Bank.
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Another St. Petersburg tradition is circling the drain.
First Friday, the monthly block party held since the 1990s on Central Avenue, between 2nd and 3rd Streets, has been canceled for December. Organizers say they’ve simply run out of money.
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Charlene Harrison
New Company
St. Petersburg Arts Alliance
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Former Company
Creative Pinellas
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New Position
Director of Operations
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Former Position
Grants & Business Manager
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