Historic Restorations Incorporated and the City of Meridian's attempt to turn the downtown Meridian Threefoot building in to a hotel will apparently cost several million more dollars.
Following Tuesday night's Meridian City Council meeting, Mayor Cheri Barry confirmed that HRI needs an additional $6.6 million to do the work. City officials don't know where the money will come from. According to the mayor's office, HRI isn't asking that the city come up with the money. Instead, officials say company representatives want to work with the city to raise the additional money from outside sources.
This news only serves to make those residents already uneasy about the project even more skeptical. Local merchant Sam Dabit says he isn't confident the project will ever move forward.
"I really have no idea what to expect. It may take another ten years or twenty years who knows what tomorrow brings," said Dabit.
However, another downtown Meridian business owner is still optimistic and hopes the two groups are able to see the project to completion.
"I think the Threefoot building is related to the heart of downtown, and I think it should stay there," said Neubern Atkinson, who owns Lucas Road Art Gallery.
Meridian Mayor Cheri Barry wasn't sure of a time line from this point forward.