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Renovation of the Historic Eaton Hotel in Downtown Wichita, Kansas

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[Photo 1: Entrance to Eaton Place Development.]
 
[Photo 2: Restored Eaton Hotel facade.]
 
[Photo 3: Eaton Hotel grand entranceway.]
 
[Photo 4: Restored mural on Eaton Hotel wall.]
 

The Eaton Hotel, once considered to be the finest hotel in the Great Plains, had been vacant and deteriorating for many years before the City of Wichita launched an aggressive campaign to save it. Thanks to the efforts of a large number of individuals and organizations, today the Eaton Hotel has been completely restored to its former grandeur.

The key to the project's success was a multi-disciplinary partnership approach. The City put together a great team comprised of citizens, an experienced developer, and architects and contractors to design and carry out the rebirth of the Eaton Hotel. The result is a mixed-use, mixed-income property that contains six structures, 115 housing units (26 affordable units) and more than 112,000 square feet of residential and commercial space. The total project cost of more than $15 million dollars included a wide range of funding including tax increment financing, industrial revenue bonds, low-income housing tax credits, developer equity and resources from the Federal Home Loan Bank and HUD (FHA Multifamily Mortgage Insurance and the CDBG and HOME programs).

The key to the project's success was a multi-disciplinary partnership approach. The City put together a great team comprised of citizens, an experienced developer, and architects and contractors to design and carry out the rebirth of the Eaton Hotel. The result is a mixed-use, mixed-income property that contains six structures, 115 housing units (26 affordable units) and more than 112,000 square feet of residential and commercial space. The total project cost of more than $15 million dollars included a wide range of funding including tax increment financing, industrial revenue bonds, low-income housing tax credits, developer equity and resources from the Federal Home Loan Bank and HUD (FHA Multifamily Mortgage Insurance and the CDBG and HOME programs).

What once was a deteriorating eyesore in the heart of "Old Town" Wichita is now a shining example of what can be done to preserve, restore and enhance inner-city landmarks. The Kansas City HUD Office is proud to have been part of the success of this project.

 
Content current as of 1 January 2009   Follow this link to go  Back to top   
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