July 5, 2022

Basket building won’t become hotel, back on market for $6.5 million

NEWARK — The Longaberger basket building, vacated by the basket-maker in 2016 and saved from foreclosure…

Basket building won’t become hotel, back on market for .5 million

NEWARK — The Longaberger basket building, vacated by the basket-maker in 2016 and saved from foreclosure in late 2017, will not become the luxury hotel announced 15 months ago.

It was Oct. 21, 2019, before the deadly coronavirus pandemic changed everybody’s expectations, when local dignitaries gathered inside the lobby of the iconic structure to hear plans to convert Dave Longaberger’s dream creation into a hotel with 150 rooms, a restaurant and indoor pool.

Previously:Former Longaberger building to open for business again as luxury hotel

Previously:Longaberger basket empire slowly unraveled after 2000 peak

Hotel owner-operator Ceres Enterprises canceled the project due to the impact of coronavirus on the company’s finances, and the building is back on the market, available for $6.5 million.