A new economic impact study shows the restoration of the historic Walesbilt Hotel could bring millions of dollars in economic impact while fueling the ongoing revival of downtown Lake Wales.As owner of Cocoa Cake Studio in downtown Lake Wales, Rachel Mayer has watched the historic Walesbilt Hotel sit empty for years.WATCH: New study shows big economic promise for historic Walesbilt Hotel restoration New study shows big economic promise for histo…
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