The City of Temple is looking to breathe new life into downtown and a recent partnership between the city, Temple Historic Arcadia Theatre, Inc. and Turner Behringer Development Company.
"This is a chance for us to look to the future for our downtown redevelopment, but we also have to always have a nod toward the past," Temple Mayor Tim Davis said. "There are so many people talk to that remember going to the movies at the Arcadia and their families would come into town and stay at the Hawn Hotel, so there is a lot of memories built up in those to buildings."
The development group plans to invest at least $12 million into downtown Temple.
"The city is going to spend up to $300,000 on asbestos remediation, up to $1.6 million on infrastructure both dry utilities and water and wastewater, but the bulk of the cost, the bulk of the refurbishment is going to come from the Turner Behringer Group," Mayor Davis said.
The developer is looking to add living space and retail to the old Hawn Hotel and over at the Arcadia, you'll soon find a multi-purpose event space.
"I think you always have to take pride in your heritage and so whether it's folks who have been here for a long time that are enjoying the memories of the past or new folks coming to town that will enjoy the theatre and the event space and the wedding venue that the Arcadia is going to be, that's a positive for the city of temple," Mayor Davis said.
Construction is scheduled to start in June 2019 and will wrap up within the next three years.
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