Toltec Hotel in Trinidad, Colo., will get a new look with lofts, shops, offices.

Knight Ridder/Tribune Business News | December 8, 2004 | Copyright

By Mike Garrett, The Pueblo Chieftain, Colo. Knight Ridder/Tribune Business News

Dec. 8--TRINIDAD, Colo. -- Lake Charles, La.-based Shearman Real Estate LLC, has signed an agreement with the city to purchase the 94-year-old Toltec Hotel, one of historic Trinidad's most famous but most dilapidated buildings.

Shearman says it will soon begin a $2 million-plus renovation-restoration project.

The project will involve restoring the three-story building's exterior facade to its original appearance, housing up to 26 urban loft apartments on the top ...

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