New Hotel in Algiers
Developers are poised to purchase a derelict property on Gen. de Gaulle Drive and build an extended-stay hotel, a restaurant and office space. Demolition of the buildings in the 3000 block of Gen. DeGaulle is expected to begin by September. A four-story, 124-room Value Place hotel, estimated to cost $7.5 million, will take its place. The new hotel is scheduled to open by May.
