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Luxury hotel, 200 apartments and retail coming to site of former Ambassador Hotel downtown.

Luxury hotel, 200 apartments and retail coming to site of former Ambassador Hotel downtown.

Learning Center
By Axis Income Fund
July 13, 2018

A St. Augustine-based development company has purchased five parcels of downtown land that includes the abandoned Ambassador Hotel. The developers plan to renovate the hotel — which is on the National Register of Historic Places — and build 200 a...

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Hoteliers hope to cater to St. Augustine’s upscale visitors without wearing out locals.

Hoteliers hope to cater to St. Augustine’s upscale visitors without wearing out locals.

Learning Center
By Axis Income Fund
April 16, 2018

In an era of robust visitation for St. Augustine, there is perhaps no better time to build upscale hotels. The words and actions of town’s hotel industry leaders clearly back that up. Some of those leaders spoke during a panel discussion Friday spo...

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