ST. HELENA, CA-Presidio Companies is seeking approval to build a 57-room hotel here, with the hopes of having it ready for Napa County-area guests by the fall of 2015.
Local media reports indicate that the developers, who hope to develop on a site currently occupied by rental properties, are still arranging financing.
Local officials originally approved the Grandview (under a proposal from a different developer) as a 35-room hotel in 2006, but it had trouble attracting financing.
In 2010, the city council agreed to raise the room count to 57 and eliminate a requirement for 22 on-site affordable housing units. In exchange, the developers will pay $750,000 to the city's affordable housing trust fund when they pull building permits.
The current developers took over the project in 2011. The planning commission later approved some changes to the project, including a 40-seat restaurant. The developers also decided to tear down the dilapidated rental housing and build new hotel rooms from scratch instead of trying to renovate the existing buildings.
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