The former S&W Cafeteria and the Windsor Hotel have both been sold to a Miami Beach gynecologist who, with his partners, are planning to do some big business in Asheville. The S&W Building alone has been sold for almost 2.5 Million Dollars (in 2007 it was worth 2.45). Back in 2007 the old Windsor Hotel was worth almost just as much, $2.3K.
The Buncombe County Deeds registry office has confirmed that these iconic and popular Asheville buildings have been purchased. The partners that are located in North Carolina have been unable to be contacted at this moment. It is unclear what is going to happen to these well loved buildings. Whatever happens, we can predict that it will be lucrative for the investors.
Previous investments and business ventures by the same people have been in Colorado and Florida and consisted of expensive ventures as well. Condominiums, Private Planes and Air Transportation methods, Yacht and expensive boat sales are a few of the lavish things they have invested in.
Hopefully any restoration and future plans for these buildings will bring with them extra jobs for Asheville citizens.
But what we can tell quite easily from these purchases, is that businessmen have faith in Asheville NC's economy. Businessmen, especially well established and experienced ones such as these, do not simply invest this much money into something they don't think has potential.
This can only mean good. The future is still bright for an economic turn up which will bring more jobs and opportunities for people looking for Asheville Jobs.
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