MALONE — A $2.1 million grant awarded in 2007 to revive the Hotel Flanagan could assist North Country Community College’s student-housing plan for the property.
The application would require updating to reflect changes in the proposal, however.
Empire State Development, which awarded the grant, requires the revision before any money can be released for a different use.
The application must go to a public hearing, and the Village Board scheduled that session for 6 p.m. Monday, July 21, at the North Country Community College campus on Williams Street.
Developers must rework the application to include North Country’s plan to create housing for the 100 to 150 additional students it expects to attend the college and a possible hydropower project to provide electricity for the school’s Fine Arts Department.
That trumps the original 101-room hotel concept that had been in the works to turn the downtown eyesore into a Best Western Inn and Suites.
And it brings the college’s vision into play to remake Malone into a college community with a vital downtown.
‘VERY MUCH ALIVE’
Bob Hest of Fuller Communications, who is authorized to speak for the developers, said the NCCC plan “is very much alive” and that more details will be forthcoming as soon as the final few pieces of information needed for the application are received.
“We need to revise the application because the project is going forward,” he said. “We’re getting very close to updating the concept.”
The idea was first made public about a year ago, when NCCC President Dr. Steven Tyrell told Franklin County legislators the college would offer four-year degrees through a partnership with another college, which he declined to name.
He said the first three years of the project’s development could bring an $11 million economic boost and create as many as 100 jobs.