Back in 2008, it was announced that a group of investors were planning to convert the place into an upscale, 139-room hotel. In fact, one of the developers was Paul Stallings, the man behind Manhattan's popular Hotel on Rivington.
But since the initial buzz in 2008, not much has been done in the way of construction, or follow-up announcements, or….anything at all. Walking past the building, we saw signs advertising a Winter 2011 opening, which is an eternity ago. The only helpful thing we managed to glean from the site was a (very outdated) rendering of what the "finished" hotel will look like: a gleaming white villa with a terracotta tiled roof and surrounding palm trees.
Maybe one day we'll get to see this gorgeous, historic building come to life once more (and sip a Panama beer from our balcony overlooking the Pacific Ocean). But until then…we won't hold our breath.
[Photos: PanamaNotes; HotelChatter]