What is the historical significance of the St. James Hotel?

The St. James Hotel is a 42-room antebellum riverfront hotel built in 1837, making it one of the last surviving riverfront hotels from the antebellum period. It sits on the banks of the Alabama River in Selma's historic district, across from the Edmund Pettus Bridge.

Why is the St. James Hotel important for civil rights tourism?

The hotel is strategically located across the street from the Edmund Pettus Bridge and Selma Interpretive Center, key sites on the U.S. Civil Rights Trail. The bridge was the site of Bloody Sunday on March 7, 1965, when civil rights marchers were brutally attacked.

How much did ASREF invest in the St. James Hotel project?

American South Real Estate Fund provided a $3.4 million acquisition loan for the hotel redevelopment, which is part of a total $5 million renovation project to transform it into a Hilton Tapestry Collection hotel.

Who is developing the St. James Hotel?

The hotel is being developed by Jim Lewis through St. James Hotel LLC, with Lewis serving as managing partner. He is also CEO of Birmingham-based Rhaglan Hospitality, which will manage the hotel operations.

What makes Selma an important tourism destination?

Selma houses Alabama's largest historic district with 1,250 historic structures and is a key stop on the U.S. Civil Rights Trail. The Selma Interpretive Center had more than 25,000 visitors in 2017, and tourists from 27 countries visited Selma in 2018.

April 3, 2020

ASREF Finances Historic Hotel In Selma, AL With Strong Roots In Civil Rights Movement

Newly renovated with ASREF financing, the historic St. James Hotel in Selma, Alabama will open its doors to visitors of the Edmond Pettus Bridge and the U.S. Civil Rights trail.

Candace Carlisle profiles ASREF’s investment to redevelop and reopen the historic St. James Hotel in Selma, Alabama. To read the full article in CoStar News, click here: Deal Closes to Restore Hotel to Cater to Tourism Industry.

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ASREF Finances Historic Hotel In Selma, AL With Strong Roots In Civil Rights Movement

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