Owners of Statler Hilton Hope to Sell Historic Hotel "Within 90 Days"

Earlier today, a Friend of Unfair Park sent the most curious heads-up: Something called LIG Assets Inc., a real-estate and oil-and-gas company fronted by an investor named Jeff Love, says it's going to rehab the Statler Hilton Hotel across from Main Street Garden. Love says on the LIG site that he will spend $18 mil on the historic, beleaguered hotel and has ambitious plans for its restoration: "It will be converted to affordable lofts, franchised restaurants, adult arcade and bowling alley." All on an expedited time line to boot -- within the next 24 months...

LIG also mentions that it's spending $2.5 on the Masonic Temple on Harwood, with plans for a "luxury movie tavern, with cafe and lounge."

Read More: Dallas Observer