NEW PRAGUE — An vital a part of New Prague’s historical past is wanting much more polished as of late.
The Hotel Broz, constructed by Bohemian immigrant Wenceslaus S. Broz in 1898, is nearing the top of whole refurbishment — a venture that has taken Edina-primarily based Caspian Group about six months to full. The 18,000-square-foot boutique hotel and restaurant wanted a complete face-carry and trendy updating, whereas nonetheless sustaining its unique 19th century look in every room.
“What we specialise in is shopping for distressed properties,” stated Justin Fuller of Caspian Group, a industrial actual property asset brokerage and administration agency. “This property right here in New Prague was mainly distressed and vacant from earlier homeowners who had it, and the transforming (they began) was not completed.”
The venture was an uncommon one for Caspian Group to tackle, Fuller stated. With a few exceptions, the agency tends to buy and refurbish industrial properties similar to warehouses, workplace buildings, strip malls and auto malls inside a 30-mile radius of the Twin Cities.
The smaller measurement of the New Prague market (estimated by Caspian Group at 11,989 individuals residing inside 5 miles) and the property’s age additionally made the venture distinctive.
“That is actually the primary hotel that we now have purchased that's this previous,” Fuller stated. “We had to put quite a lot of effort and time into it.”
The constructing at 212 Primary St. West — designed by Cass Gilbert, the architect who designed the State Capitol — has been on the Nationwide Register of Historic Locations since 1982. John and Nancy Schumacher had bought the constructing in 1974, renovated it and turned it into Schumacher’s restaurant, which was a well-liked eatery in New Prague for years. The Schumachers had been liable for including the constructing to the nationwide registry.
In the course of the renovations, Caspian Group ensured the unique look and integrity of the property was maintained, Fuller stated.
All of the HVAC, electrical and plumbing had been up to date. A lot of the wood flooring, trim, doorways and window frames had been redone.
Trendy updates included emergency lights, a sprinkler system, fob entry to rooms for company, and Wi-Fi. Loos in every of the 13 visitor rooms had been modernized with glass showers, subway tile and new counter tops.
Authentic chandeliers, tin ceilings, beams, stained-glass home windows and wainscoting stay all through the constructing.
“We had to hold it that historic look,” Fuller stated. “We matched the brick beforehand used on the outside. … We left the (cherry wooden) bar the identical fashion. Even the door hinges, one in every of our contractors ordered them from Europe as a result of we couldn’t discover them (within the U.S.).”
The hotel has two banquet halls, a restaurant and a bar. Fuller stated the kitchen underwent a full renovation and now has the most recent industrial kitchen gear.
New Prague resident Ashley Gauthier not too long ago toured the hotel and restaurant and is thinking about opening a restaurant there. Gauthier has by no means owned her personal enterprise, however she has a background as a chef and within the hospitality business.
Gauthier discovered on Fb about Caspian Group renovating the property, and she or he was excited for the potential it has to increase the city’s draw, to “begin to deliver life into New Prague,” and assist different companies thrive.
“My imaginative and prescient is to flip it right into a household sizzling spot,” Gauthier stated.
Gauthier stated she needs the restaurant to be a “good household eating expertise” throughout the daytime hours and a cool place for an evening out for drinks and appetizers with buddies. She envisions Sunday morning yoga on the grass exterior with breakfast and mimosas afterward.
“I undoubtedly assume it’s what the middle of city wants,” she stated. “I feel that whether or not it’s me, or whomever else will get into the constructing, I feel it may be one thing wonderful.”
The rear of the property has a brand new massive balcony and patio, two wrought-iron staircases, and new brick pavers that had been put in to create a 50-stall parking zone.
Caspian Group has the property available on the market on the market at $.three million or a $10,000 per 30 days lease. The lease for simply the restaurant house is $four,000 per 30 days.
Fuller stated the ultimate touches, together with furnishings, will likely be in place by the open home date, 5-eight p.m. Sept. 15.
“It’s lovely, actually previous-common,” Fuller stated. “We’ve had quite a lot of curiosity in it already.”
For extra data, go to caspianrealty.com or name or textual content 651-353-1266.