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Gov. Andrew Cuomo talks with Fred Roedel, right, whose company wants to buy and renovate the Hotel Saranac in Saranac Lake, following an event in Lake Placid Wednesday. Photo: Mike Lynch, <em>Adirondack Daily Enterprise</em>
Gov. Andrew Cuomo talks with Fred Roedel, right, whose company wants to buy and renovate the Hotel Saranac in Saranac Lake, following an event in Lake Placid Wednesday. Photo: Mike Lynch, Adirondack Daily Enterprise

Cuomo gets behind Saranac Lake hotel projects

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Gov. Andrew Cuomo threw his support behind a pair of big hotel projects in Saranac Lake Wednesday.

That could mean the two win millions of dollars in state economic development funding.

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Reported by

Chris Knight
Adirondack Correspondent

Speaking at a press conference in Lake Placid, the governor said Saranac Lake is a great tourism destination, but is short on lodging.

He then referenced the two pending hotel projects in the village: New Hampshire-based Roedel Companies' plan to buy and renovate the Hotel Saranac, and Malone developer Chris LaBarge's proposed 90-room hotel on Lake Flower.

"If we get Hotel Saranac renovated and the right, it would be something special, and I think it will start to turn around Saranac (Lake)," he said, adding, "We're going to do everything we can to make a new Hotel Saranac a reality, and a development on Lake Flower a reality."

Roedel Companies is seeking $5 million from the state. LaBarge has asked for $2.2 million. The projects have been given priority status by the North Country Regional Economic Development Council.

After the event, the governor told the state wants to be a financial partner in the Hotel Saranac’s redevelopment.  "There's also a complex for Lake Flower that we think could also be beneficial to the entire region, so we want to pursue both aggressively,” he said.

While Cuomo's backing isn't a guarantee that the projects will win state funding, it definitely sends a message, according to Saranac Lake Mayor Clyde Rabideau. He said, "It's not all said and done for the $7 million, but given today's personal support and endorsement of the governor, we're very hopeful come December."

Members of the committee that will determine what projects around the state will be funded toured the village by bus earlier Wednesday. The tour included stops outside the Hotel Saranac, where Fred Roedel delivered a short presentation about his company’s plans, and at the state boat launch on Lake Flower, where LaBarge highlighted his hotel project across Pontiac Bay.

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