D-FW Investors Buy Mineral Wells' Landmark Baker Hotel for Redo

A landmark North Texas hotel has been purchased by a group headed by Dallas-Fort Worth investors.The new owners of the 90-year-old Baker Hotel in Mineral Wells west of Fort Worth say they plan to start work immediately to restore the property.The historic hotel about 80 miles from Dallas has been closed for decades, and multiple developers have looked at restoring the once-grand building.The buyers say they plan to spend $65 million over the next three years to turn the 14-story Baker into a luxury resort hotel, spa and conference center.  Continue reading...

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