Sale of Former Artisan Hotel is Complete

The biggest obstacle to renovating a long-vacant downtown building has finally been overcome. Summit 11 Investment Group purchased the former Artisan Hotel on Kansas Street and plans to redo the building inside and out, turning it into a 115-room, brand name hotel.

City Council approved an incentives package for the developer in June. In return, Summit 11 Investment Group, LLC, has committed to spend at least $8 million on the project.

Read the story of the purchase at the El Paso Inc. website.

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City Council Approves Project to Revive Vacant Downtown Hotel