Category Archives: Lexington Plaza Waterfront Hotel

New name for waterfront hotel

In case you missed it, Stockton’s waterfront hotel is no longer the Lexington – it’s the University Plaza Waterfront Hotel. The name in part coincides with efforts to now market as student lofts what were supposed to be luxury condominiums. Also, it’s at the end of the story, but I wanted to note it on [...]

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Purchase price?

So the sale of the Lexington hotel downtown has been finalized, more than a year after it went on the market for $18.8 million. How much it actually sold for, however, is not yet known. The deed filed with the San Joaquin County Recorder’s office does not disclose the transfer tax, which is assessed against [...]

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Weekend news: Moses investigation and new Lexington owner

In case you missed it: •The Lexington Hotel downtown has a new owner: Patrick K. Willis, who owns a network of repossession and collections companies (and, the family trust spokesman said, Lake Tahoe-area resort properties). •Former Stockton CFO Mark Moses is under investigation by the state Fair Political Practices Commission for possible conflict-of-interest code violations [...]

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Lexington inching along

The sale of the Lexington Plaza Waterfront Hotel hasn’t yet been finalized, but folks say it’s still close. Last month, the city’s Redevelopment Agency filed a certificate of compliance with the county. Owner First Bank needed that squared away before it could transfer the property to the prospective new owner, said Gus Duran, the city’s [...]

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Lexington bar open

Last we reported, the Lexington Plaza Waterfront Hotel was waiting on its liquor license. They got it. And the bar is now open.

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Waiting for a Lexington update

Six weeks ago, we knew the Lexington Plaza Waterfront Hotel was in escrow. At least according to the county recorder’s office, not much has changed since. It’s liquor license is still pending too, according to the state’s web site. FYI, the applicant listed on the liquor license is not the prospective new owner. It’s the management [...]

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Hippo no more

One of the only things different about the Lexington Plaza Waterfront Hotel since it reopened Thursday is that The Hippo Lounge & Bar has been renamed. A menu for The Delta Restaurant and Lounge (A San Joaquin County health inspection is scheduled to be done Tuesday, and the restaurant is likely that day to reopen) [...]

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First Bank on the Lexington

In an e-mail today came a statement from Peggy Lents, a spokeswoman for First Bank, the owner of downtown’s Lexington Plaza Waterfront Hotel:   A ‘soft’ opening, with limited services, of the Lexington Hotel is tentatively scheduled for September 22 as we continue to look at potential buyers. The hotel is listed for sale with [...]

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Lexington to re-open Sept. 22

The Lexington Plaza Waterfront Hotel, closed last month, foreclosed on and repossessed by First Bank, is to re-open Sept. 22, a hotel official told the Greater Stockton Chamber of Commerce and the Downtown Stockton Alliance, chamber and alliance officials said this afternoon.   The chamber’s Douglass Wilhoit and the alliance’s Dennis Smallie said Robin Paloma, [...]

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More on the Lexington and First Bank

A lawyer for First Bank, which foreclosed on the Lexington Plaza Waterfront Hotel and acquired it this morning, said in a telephone call to Mayor Ann Johnston today that the bank intends to sell the property and have it reopened by a “leading brand,” Johnston said.   The attorney, Steven Casselberry, has not returned telephone [...]

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