HOT SPRINGS, Ark.— The City of Hot Springs, on Thursday, July 2, will consider approving purchase of the site of the historic Majestic Hotel, part of which was destroyed by fire February 27-28, 2014.
“The property, which is the entryway to Hot Springs from the north and which serves as the gateway to the city’s historic downtown district, is key to ongoing plans for the redevelopment of the downtown area,” said David Watkins, Hot Springs’ city manager. “Acquisition of this property presents an enormous array of great opportunities on several fronts.”
The rubble of the destroyed portion of the hotel has remained since the night of the fire. Ongoing talks with owner Gary Hassenflu of Kansas City had proven unsuccessful in getting the rubble cleared and remediating the unsafe condition of the remaining portion of the buildings. The Hot Springs Board of Directors condemned the property in March of this year.