The city of Albany has finally made public its plan for the old St. Francis hotel building downtown. The plan is to buy the building from the printing company that owns it, and sell it to Marc Manley, who with his wife Anni owns and restored the Flinn Block farther east on First Avenue.
The former St. Francis Hotel, a downtown landmark for more than a century, was mentioned twice at last week’s meeting of the Albany Revitalization Agency. That’s the city council when it acts as the agency governing CARA, the Central Albany Revitalization Area.
A team of consultants led by Walker Macy, a Portland firm, now has the approval of Albany’s urban renewal agency to gather public opinion and then make plans for redeveloping the city’s Willamette Riverfront.
Last October, the Albany City Council authorized the city staff to negotiate to buy the former Wells Fargo Bank branch at First Avenue and Broadalbin Street. On Friday, the city closed on the purchase for $1.5 million.