Delaware Hotel is checking out…

Delaware planning department working on plans for demolition of the Delaware Hotel.

Delaware City is currently accepting bids for asbestos removal and demolition and an appraisal contract has been completed, city spokesman Lee Yoakum said. The city plans to complete the bid and appraisal process by the end of November.

The city is using grant funds to demolish the 351 S. Sandusky St. hotel and redevelop the site for residential uses. The Housing and Economic Recovery Act of 2008, awarded $1,136,655 in grant funds to the city and the county. A pre-bid meeting was held earlier this week with 21 applicants touring the hotel site, Yoakum said. Then, the companies can decide on submitting their bids, which are due by Oct. 30.

The demolition and asbestos removal is expected to cost between $500,000-$600,000. If the plans progress, residential property could be constructed on the “pad-ready” site by 2013.

Further details here.