The Los Angeles City Council is going to buy the Mayfair Hotel and convert it into a housing facility for the homeless community in Skid Row.This is still rolling through even as more objections from those who live or work near the hotel about the safety surrounding it.
The council voted 12-2 to approve spending approximately $83 million to purchase and renovate the 294-room historic hotel, and to pay for associated costs, as part of the mayor’s Inside Safe homeless initiative.
A $60 million “encampment resolution” grant from the state to pay for operations at the site stipulates the money must be used to serve individuals from skid row — the epicenter of the region’s homelessness crisis. Because of that, the Mayfair Hotel is expected to only house individuals from skid row during the first two years of operation.
The project is going to need a face lift before opening its doors and its looking to cost about $83 million dollars. That includes approximately $60.2 million to buy the hotel “as is,” before any changes are done.
Those that live around the hotel have spoken about the safety. The residents made an appearence at last week’s council meeting ; hoping for a delay on the transaction.
The city must close on the deal by the end of this month due to the deadline set by the hotel owner, according to a city staff report.