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schuster80 - > Retail Rumblings -> Padre Hotel up for sale again
Padre Hotel up for sale again
The Padre Hotel in downtown Bakersfield is up for sale again for $5.6 million.  Pacifica Enterprises LLC purchased the historic landmark building for $1 million five years ago, but the company's plan to add condos to the building never materialized and construction stopped halfway through a renovation project that Pacifica claims it sunk more than $4 million into.  There have been issues over asbestos removal and trash left in a parking lot outside the building.  Now the building may get a fresh start as condos, apartments, a hotel (again) or offices.
What do you think?  Do you think the Padre is a shining example of what Bakersfield's downtown can become or a blight on the city's skyline?  How much would a revitalized Padre help plans to reenergize downtown?  Do you think downtown is on its way back or will it take another earthquake to shake up the town's downtown?
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Topics: Padre Hotel, bakersfield, downtown, economy, growth, entertainment, shopping, stores, retail, residential, housing, fun, blogs
posted by schuster80 on Thursday, June 7, 2007 at 08:28 AM
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posted by TomW on Jun 8, 2007 at 10:05 AM
So let me understand this: they went in and gutted everything that made the building architecturally significant and are now asking 5 times what they paid for it?  <golf clap> That's a special kind of stupid.
posted by ChuckMG on Jun 12, 2007 at 02:34 PM

If Pacifica Enterprises Inc dropped the project after their unrealistic vision became a dissappointing reality, what makes anyone think it is worth the trouble (whether or not they actually spent the money doesn't matter).  I don't think condos in downtown Bakersfield are a good Idea. 

posted by mattloch on Jun 12, 2007 at 02:47 PM
I think it may have more to do with Pacifica's financial situation than any economic potential here in Bako, Chuck. Being a San Diego company, I wouldn't doubt a certain about of desperation on their part, and if a buyer isn't found soon I would expect the asking price to drop fairly quickly.

Tom, there were sprinkler systems to install, and those don't come cheap. There were also lots of fines to pay from the illegal asbestos dumping, too. That was a truly epic kind of stupid.
posted by MrsRosado on Jul 19, 2007 at 01:44 PM
Who or how do you contact someone about more information on the Padre?
posted by kecjunk on Sep 17, 2007 at 07:15 PM

How cool would it be if someone bought the Padre and turned it into a cool hotel, brought back the bar, etc... that's what the place needs... not condos!!

 

 

posted by stickbugs on Sep 17, 2007 at 08:36 PM

Maybe you could put NOR's proposed water park on the roof.  According to local residents regarding the west Rosedale site:

“It’s going to bring who knows who from where knows where,” said Becky Kaiser.

Art Lewis, who lives north of the site, said he backs a water park in Bakersfield, but “just in a different location.” He suggested a water park by Highway 99 would make better sense.

“It’s location we are talking about,” Lewis said.

posted by NancyII on Sep 17, 2007 at 08:39 PM
Here I go nit picking again but Rosedale isn't NOR.  It's WOR.
posted by stickbugs on Sep 18, 2007 at 03:14 PM

Yeah, I think NOR's name is a bit of misnomer, but parts of the NW are county, not city.  Without NOR, the north and northwest wouldn't have parks, youth sports, public swimming pools, senior functions and other recreational activities.  In my opinion, they do a better job than the city and I'm glad that they are around.

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