Meyers Group closes on Camino Real Hotel purchase
The Meyers Group has finalized its acquisition of the historic Camino Real Hotel in Downtown El Paso.
The 356-room property is located on 101 South El Paso Street.
“The current revitalization occurring around the Camino Real Hotel has positioned El Paso as one of the most up-and-coming American cities,” Josh Meyers, Director of Real Estate Development for the Meyers Group, said in a news release.
The historic hotel was originally built in 1912. “For many years, it was the crown jewel of the Southwest. Our vision is to restore it beyond its former glory and to finally fulfill the pressing need for a convention hotel in Downtown El Paso,” Meyers said.
The Camino Real Hotel earned a place on the National Register of Historic Places in 1979, the Meyers Group said. Once renovations are completed in a year-and-a-half, the Meyers Group plans to reopen under the hotel’s historic name, Hotel Paso del Norte.
Renovation plans for the hotel include all 356 hotel rooms and suites, as well the second-floor Grand Ball room, and meeting and conference rooms.
The entire lobby level, including all food and beverage operations, and especially the famous dome bar and restaurant, will be fully restored, the Meyers Group said.
The 10th floor ballroom and terrace, currently being used for mechanical purposes, will be restored and will feature a luxurious full-service spa, state-of-the-art gym, pool and pool deck, along with dining and beverage on the terraces overlooking the city.
“We want to capture a sophisticated, contemporary and upscale American Western theme capitalizing on the hotel’s rich history that also includes both Mexican and Native American elements,” Meyers added. “Our plan is to create a unique hotel experience.”
The Meyers Group recently closed on the purchase of a four-acre vacant lot at 201 Shadow Mountain Drive. A mixed-use development is planned for the West El Paso property, including 300 units of condominiums, 50,000 square feet of supporting retail development which includes food, retail, entertainment and the possibility of a hotel.
