News 4-6-07 Fitz Bought by L3

4/6/07 - AHA! L3 DEVELOPMENT BUYS FITZ - As I predicted previously, L3 Development has bought the Fitz, and plans on revamp and remodel it into a boutique hotel. That is SO coincidental, because I was just about to do a story tonight on how downtown Reno could benefit from a boutique hotel/motel. Click here to read.

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Posted by: Justin - 4/6/2007 9:34:35 PM
Cool! Although I'd argue that the Siena pretty much qualifies as a boutique hotel. Still, pretty much anything they could do to the Fitz would be an improvement. Turning it into a boutique hotel would definitely help increase the hip factor of downtown.

Posted by: Crystal - 4/7/2007 11:41:14 AM
Relieved it wont be converted into condos. The Comstock and Golden Phoenix did not have much of a chance of surviving, however Fitzgeralds has a chance of becoming something sustainable downtown, especially with a remodel.