Newspaper article The Florida Times Union

River Club Project Double Initial Cost; Renovations to 50-Year-Old Establishment Downtown Will Cost Gate about $3.5 Million

Newspaper article The Florida Times Union

River Club Project Double Initial Cost; Renovations to 50-Year-Old Establishment Downtown Will Cost Gate about $3.5 Million

Article excerpt

Byline: CHRISTOPHER CALNAN, Times-Union staff

The cost of renovating downtown's 50-year-old River Club will be double initial projections, club officials said Wednesday.

The project, which started in June and is scheduled to be completed later this month, will cost about $3.5 million. The renovation was originally expected to cost $1.7 million when Gate Petroleum Co. offered to take over the club's management in January.

During a tour of the River Club Wednesday, architects said Gate Petroleum President Herb Peyton requested, out of respect for the club's tradition, more extensive renovations and higher-quality materials than originally planned.

"On every project he's gone the extra mile to make it special for the city," architect Tom Fisher said. "It's a significant investment by Gate and it's good that he's doing it properly."

The 30,000-square-foot refurbishment project is on schedule, and club officials expect to be open at the end of this month or early November. …

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