Denison's tallest building has new owner, new hope - KTEN.com - Texoma news, weather and sports

Denison's tallest building has new owner, new hope

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There are plans to renovate the historic Hotel Denison. (KTEN) There are plans to renovate the historic Hotel Denison. (KTEN)
A postcard depicts the former glory of the Hotel Denison. (Facebook) A postcard depicts the former glory of the Hotel Denison. (Facebook)

DENISON, Texas -- A Denison landmark has a new owner and, perhaps, a new lease on life.

Cross Development says it has plans to remodel the seven-story Hotel Denison and restore it to its former glory.

"A historic building is very expensive to renovate, but we've got an opportunity here with the new owners to do something really fantastic to downtown," Denison Development Alliance president Tony Kaai said.

The city of Denison says they're committing around $1 million to the project.

Details of the plans for the hotel and a start date for renovations will be unveiled soon.

"Going forward, that hotel is a real anchor for everything downtown," Kaai said. "It's the highest building in town, and its just got a great colorful history, and we're excited somebody is going to come in and redevelop it."

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