Hope Ranch Inn Construction Update?

By edhat reader

On January 23, 2016,  it was announced that the Hope Ranch Inn on Upper State Street was going to rebuilt and become a three story 88 room Hyatt Place Hotel with two levels of parking. The city considers it a gateway to State Street. It was expected to be open for business within two years.

I drive by it everyday, and no work is being done.  Does anyone know the status of this project?

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