Developer Walks Away From Proposed Downtown Petaluma Hotel

Developer Walks Away From Proposed Downtown Petaluma Hotel

Plans for a luxury hotel in downtown Petaluma have fallen through after developer EKN Development unexpectedly walked away from the project. According to the Petaluma Argus-Courier, the Southern California firm informed city officials it will not move

EKN Walks Away From Entitled 56-Room Downtown Petaluma Hotel, Leaving City to Chase $860,000 in Costs

Newport Beach-based EKN Development has told the City of Petaluma it will not build the four-story, 56-room Appellation hotel it spent roughly four years entitling at 2 Petaluma Boulevard South, and the city has moved to recover about $860,000 in review costs through a lien on the property.