Funds approved for downtown WF student housing - Newschannel 6 Now | Wichita Falls, TX

Funds approved for downtown WF student housing

Old Crescent Hotel Old Crescent Hotel
Old Crescent Hotel Old Crescent Hotel
WICHITA FALLS, Tx (RNN Texoma) -

On Monday Newschannel 6 brought you a story about plans to renovate the old Crescent Hotel in downtown Wichita Falls into student housing.

On Tuesday city councilors agreed to spend $800,000 of 4B money on a fire suppression system for the building as long as the project is complete by July 1.

Deputy City Manager Jim Dockery said it's the biggest public-private partnership the 4B board has been a part of, but added they need residential construction in the central business district.

"People living downtown will provide enough mass of people to help protect the investments that a lot of the private developers have made," Dockery said.

The building's second through fifth floors will have 110 rooms, common areas, a weight room, and swimming pool.

Once complete, Owner Will Kelty will shift his attention to building 60 regular apartments on floors six through ten.

For more on this story click here.

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