Duluth, MN (NNCNOW.com) - The keys to the troubled Seaway Hotel in Duluth's Lincoln Park are in the hands of a new owner.
The Housing & Redevelopment Authority announced Tuesday it completed the purchase of the building.
HRA's executive director says preparations are underway for major renovations to make the property a safer and better living environment for the 60 tenants.
In March the Minnesota Finance Agency approved spending $1.1 million to make the repairs.
"We are proud to play a role in the revitalization of the building, and meeting the residents' needs in a very positive living environment, and also see this as the beginning of a revitalization process for the Lincoln Park business district and neighborhood," said Rick Ball, HRA executive director.
City officials say having a professional management company take over the building will help reduce crime in that area.
Work is expected to get underway in the next several weeks with completion set for the end of the year.