When the historic Settles Hotel once again opens its doors to the Crossroads area in less than a year, it will be Austin-based management and consulting firm La Corsha Hospitality Group at the helm.
According to Big Spring native Brint Ryan — founder and CEO of Ryan LLC and the investor currently driving the ongoing restoration of the downtown landmark — the hotel is expected to re-open during the first quarter of 2012, with the Austin firm prepared to take the lead in marketing and managing the facility.
“The Settles Hotel restoration has indeed been the challenge we all anticipated, but I’m confident it will once again be the social center of West Texas,” Ryan said. “Clearly we needed an experienced team of professionals to help us achieve our goals. After using their consulting services during the last year, entering into a long-term management agreement with La Corsha was our obvious choice. Their work has been very impressive and has taken our vision for the Settles Hotel well beyond anything that exists in West Texas.”
Restoration of the building began in 2006, when Ryan — along with his brother, project general manager Kristopher Ryan — announced he would purchase and, ultimately, re-open the hotel.
The building, erected for $500,000 in 1930, was a destination of choice for travelers for many years — as well a center of activity for the community — but has been vacant and in an advanced state of dilapidation for more than two decades.
According to Settles Hotel Development Corporation officials, the project includes plans for commercial and residential use of the property, with retail space available on the first and second floors. The project’s budget has ballooned from $12 million to $20 million since its inception.
According to a news release, when the Settles reopens next spring, it will feature its historic grand ballroom and lobby, a full-service restaurant, separate bar, a swimming pool and fitness studio and multiple social function and meeting rooms. The restoration team has been using the original blueprints to keep the 1930s architectural details intact.
“We are honored to be working on the Settles Hotel with Brint and his design team. In its prime, the Settles was a magnificently opulent hotel and the social heart of Big Spring,” said Jeff Trigger, founder and CEO of La Corsha Hospitality Group. “We look forward to returning the hotel to her former grandeur and positioning within the community.”
Trigger’s company specializes in operating luxury hotels, restoring and repositioning historic properties and developing independent restaurants and bars, according to information provided by the hospitality group.
The company’s resume includes a number of high-profile projects, such as Austin’s Driskill Hotel; Dallas’ Mansion on Turtle Creek, Hotel Adolphus and Stoneleigh Hotel and Spa; and San Antonio’s Saint Anthony Hotel.
Trigger said La Corsha is also responsible for developing Congress Austin, which includes the renowned five-star restaurant, Congress; critically acclaimed Bar Congress; and Austin’s newest downtown destination, Second Bar + Kitchen.
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