Historic Elks Building in New Bern to Transform into Boutique Hotel
The Kessler Collection has purchased the Elks Building in New Bern, NC for $2.3 million amid plans to develop the property into a boutique hotel. The Beaux Arts building was constructed in 1908 by the Elks fraternity and has been vacant for a decade.
“The Kessler Collection is excited to watch this new vision come to life and bring the Kessler touch to the beautiful historic city of New Bern,” said Richard Kessler, chairman and CEO of The Kessler Collection. “By restoring this iconic landmark in the hub of downtown and adding another key historic preservation project within the collection, the dynamic growth furthers the luxury hotel collection’s position as a discernable leader in the boutique lodging industry.”
In addition to 50 guestrooms, the hotel will offer curated artwork and educational elements. Plans call for 1,500 square feet of meeting space and a specialty coffee shop and restaurant at street level.
- ◦Sale/Acquisition