Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-12-13
ANOTHER NEW HOTEL.
Money of a Wealthy Oil Man and a
Local Capitalist Will Build 1t.
THE COST WILL BE ABOUT $1,000
ALI Negotiations Will be Completed During
the Present Month.
1T WILL BE A CREDIT TO THE CITY

Within the next two or three weeks ne
gotlations will be closed in this city for a
piece of property on which will be erected a
hotel that will be something entirely new to
Pittsburg.
The improvement decided upon is not Of
the common kind, that contemplates pala-
tial pile of granite and architecture that
will absorb the entire hotel trade of the city
and leave the old established houses empty
on paper-but structure that will be a
credit to the city.
The site and building will cost in the
neighborhood o. 100000. The movement
is not the result Of idle talk, but has been
under consideration for months. Theparties
to the enterprise are well-known business
men. One of them is resident of this city,
and the other is prominent oil man who
can scratch off a check any day for several
times the amount mentioned above and have
it duly honored. The gentlemen have
options on two pieces Of property, centrally
located, almost within stones throw of the
new postofice. The reason why the names
of the gentlemen are not given in this con-
nection is that certain arrangements are yet
to be completed that might be interfered
with were full details made public.
PLANS OF THE PROJECTORS.
One of the gentlemen said yesterday: ave
have two sites in view, and positive option
on one of them. The other one is
conditional upon circumstances that it is un-
necessary to explain at present, but we will
take one of the two to a certainty. The
negotiations have been pending for months,
and are now about complete. will certain
ly know something definite before the close
of the month.
What kind of hotel do you propose to
build?"
"One that will be conducted on the plan
of Green's Hotel, on Chestnut street, Phil
adelphia. 1t will be for gentlemen only,
though there will be restaurant connected
with it for ladies and gentlemen. These
houses are very popular in all the big
transient trade. They are particularly
popular with the army of business and COM
mercial men who are constantly on the go,
and do not have either the time or DISPOSE
tion to observe all the little formalities so
necessary in the company of ladies. Pitts
burg has needed house of this kind for a
long time, and now we propose to establish
one. For that matter. there is plenty of
room here for another first-class hotel, as
the experience of last year has demon
strated.
NECESSITY FOR MORE HOTELS.
'HTime and again during this period 1t has
been an imposslbility to secure anything
like suitable accommodations, owing to the
great rushes of people here to attend conven-
tions and public gatherings, and strangers
have been forced to seek food and shelter at
private places, so we have no fears whatever
as to the result of the venture. Then there
are always great number of single gentle
men in every city who prefer to live in a
other" ...s-.
"How large building do you propose to
erect ?''
"It will be seven-story brick. with
granite front and trimmings, and will be
fitted up in first-class style, from top to
bottom. 1t will contain probably 175
rooms, with ample parlors for private meet
'ings of business men and other organiza-
tlons of that character. It will be con-
structed and furnished with view to its
permanency throughout"
"What will the entire cost of the build
ing be?"
ity of $500, ,000 The work of construction
will be started not later than April 1, 1891,
and possibly before that, and the building
will be finished during the regular season.
You can depend upon it that the venture is
a certain go. as there is plenty of money
to carry 1t through. All that is now de-
tanning us is the choice of sites, and that
will be settled within the next few days."