Report problem
Submit a news tip
News
Local/Regional
Idaho
Business
Nation/World
Voices
Handle Extra
Weather
Columnists
Newstracks
Full headline list
Archives
Photo reprints
Idaho
Business
Nation/World
Voices
Handle Extra
Weather
Columnists
Newstracks
Full headline list
Archives
Photo reprints
Opinion
Sports
Community
Lifestyle
Weekly sections
Extra
awayfinder »
BizFinderNW »
Buy photo reprints
Comics
Crossword
DownToEarthNW
Health
Newspaper In Education
Online Contests
Special Sections
Spokane.net »
Sudoku
BizFinderNW »
Buy photo reprints
Comics
Crossword
DownToEarthNW
Health
Newspaper In Education
Online Contests
Special Sections
Spokane.net »
Sudoku
|
||||||
|
The Davenport
History of the Davenport Hotel
Local businessmen, including successful 36-year-old restaurateur Louis Davenport, discuss need for first-class accommodations and convention space in Spokane. Newspaper reports hotel plans and speculates that Davenport, a major investor and adjacent property owner, will manage the hotel. Davenport Hotel Co. formed; 100 stockholders invest$2 million; property cleared and hotel construction begins. Davenport Hotel opens with 400 guest rooms, including 300 with private baths. Fifty-three more guest rooms added; French chef Edward Mathieu hired, stays 30 years. Louis Davenport buys out fellow stockholders. Eighty more guest rooms added. Eighty-car parking garage built south of First Avenue entrance. At age 77, Louis Davenport sells hotel to William Edris of Seattle for $1.5 million. Edris sells hotel to three local investors for $2.5 million. Edris sells hotel to three local investors for $2.5 million. Louis Davenport, 83, dies in his Davenport Hotel suite. Western Hotels Inc. purchases controlling interest. Swimming pool installed on roof. Western Hotels sells Davenport to John McMillan of San Francisco for $2.6 million. Local group buys hotel from McMillan for $3.2 million; major renovation plans announced;< /B>many area residents invest. Davenport Inc. files for bankruptcy. Original mortgage holder Lomis & Nettleton Financial Corp. of Dallas assumes control of hotel. Former Davenport Inc. corporate manager J. Harlow Tucker indicted, later convicted, for securities fraud. Former Montana Gov. Tim Babcock and former Davenport general manager Warren Anderson agree to buy hotel for $4.5 million; losses continue. Ownership reverts back to Lomis & Nettleton; hotel closes; demolition discussed. Friends of the Davenport group forms to encourage hotel's preservation. Sun International of Hong Kong buys hotel for $5.25 million; restoration begins. Underground oil spill from nearby steam plant discovered; this and other obstacles interrupt renovation.<2000 Spokane developers Walt and Karen Worthy purchase hotel for $6.5 million in cash and property;<$30 million renovation project begins. Davenport Hotel to reopen. |
|
|||||
