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Built in 1920, the Franklin Hotel was the first hotel of its size located in Kent since 1899 when the Revere House closed. It sits high on a hill overlooking downtown Kent quickly became the place for social, civic and political events for the small city. Once the hotel opened its doors on September 12, 1920 it received rave reviews but the success of the hotel did not last long. Four years into the hotels existence, an elevator cable snapped which sent the car plummeting and killed the owner C.P. Patchin. The hotel remained open and continued on fairly successfully after the tragedy and was the place to stay while visiting Kent. Despite the rave reviews and popularity of the hotel, the Franklin struggled financially throughout its entire existence. It changed owners quite a few times and by 1934, fourteen years after opening, the hotel had been auctioned twice. From 1937 through 1950 owner Russell O'Conke made the hotel financially stable for a short time and what is now seen as the hotels heyday took place. Some of the notable people who visited the hotel during its heyday included Amelia Earhart, Glenn Miller, Guy Lombardo, and Glenn Miller. The Governor of Ohio during the 1930s, Martin L. Davey, also had an office within the building. One of the regular guests of the hotel and the hotels bar during this time was well known prohibition agent and leader of a legendary group of law enforcement agents known as “the untouchables,” Elliot Ness. As time progressed though, new hotels were built featuring more modern technology and amenities which caused the Franklin Hotel, now known as the Hotel Kent, began to suffer yet again. By the 1970s the building had declined greatly and operating as a hotel was no longer profitable. Joseph Bujack took over the building and it was converted into student housing. A number of fires broke out within the hotel and in January 1979 the city condemned the upper floors of the building and remained vacant until 2013. The lower floors were still used by various small businesses including restaurants and nightclubs. These floors were used until 2000. Once the buildings occupying the ground floors closed, the building was scheduled to be torn down multiple times but these plans were never fulfilled. Bujack, the current owner, faced multiple fines and court orders but continued to disobey the law until a former tenant acquired the building in 2004 and sued Bujack for a breach of lease agreements. After more court battles the city took over the building and sold it again in 2011. Minor renovations began in 2012 and various businesses occupy the building to this day. The building was added to the National Register of Historic Places in January of 2013 and remains a major fixture within Kent.

Franklin Hotel as it looks today

Franklin Hotel as it looks today

Photo copy of the 1919 Kent Courier paper holding a contest for the naming of the building.

Photo copy of the 1919 Kent Courier paper holding a contest for the naming of the building.

The movement to build a new hotel in Kent was started in the early 20th century and was initiated and carried out by the Kent Board of Trade, now known as the Kent Chamber of Commerce. While the village had two places of lodging, neither was very large. The previous hotel, the Revere Hotel, closed in 1899, and business leaders felt a larger, modern hotel was needed to meet the demands of growing industries, railroad travelers, and the emerging Kent State Normal College. The idea was that of Dudley Mason, the owner of Mason Tire and Rubber in Kent. The drive to fund the hotel through the selling of stock began March 24, 1919. During this time, the Board of Trade also sponsored a naming contest in the local Kent Courier newspaper, where the "Franklin Hotel" name ultimately came from, named after the previous name for Kent, Franklin Mills.

The first mortgage was bonded in August 1919 and the following month, the architect was chosen, and the Barnett property at the southwest corner of East Main and South DePeyster Streets was selected as the site. The old Barnett home was razed and excavation work started by September 11, 1919 with walls starting to rise by December 18. The hotel opened for tours to stockholders and their families on September 8 and 11, 1920, with a public opening September 12, 1920.

Despite good opening reviews, the Franklin Hotel struggled financially for most of its existence, changing owners and managers every few years. By 1934, it had been auctioned twice and many investors had lost all of their investments. Florence B. Adams of Kent Hotel Incorporated bought the building in 1934 and renovated it, re-opening in 1937 as the Hotel Kent. From 1937 into the mid 1950s, It was managed by Russell O'Conke and enjoyed what is regarded as its heyday. The hotel was stable financially and was marketed as "Ohio's Most Modern Hotel" and "Ohio's Finest Small Town Hotel".

Notable guests who stayed at the hotel during this period included Guy Lombardo, Amelia Earhart, and Glenn Miller. Eliot Ness frequented the hotel's bar in the 1940s and Kent native Martin L. Davey, who served as Governor of Ohio in the 1930s, had an office in the building.

In 1956, however, a new motel along what is now State Route 59 just east of the city limits opened, known as the Eastwood Motor Inn. It featured endorsement from AAA and other modern amenities like ample parking and air conditioning, which the Hotel Kent lacked. Other factors such as the decline in railroad travel and the emergence of the automobile led to a decrease in the need for regional hotels. In 1962, the hotel came under the management of Frank Ellis and was renamed Hotel Kent-Ellis. Financial fortunes continued to decline as two more modern motels opened in Kent: the nearby Motor Inn (later known as the Inn of Kent) in 1964 and the eight-story University Inn along South Water Street in 1970. In the 1970s, with the building in decline and the hotel operations no longer profitable, it was sold to Joseph Bujack and converted to student housing, known as the Towne House. Damage from a number of fires in the 1970s and the deteriorated state of the building led the city to condemn the upper floors in January 1979. Those floors remained vacant until 2013. The lower floors continued to be used until 2000 for a variety of small businesses such as a pizza shop, cafe, and nightclubs.

Following complaints about roof damage in early 1999, the city inspected the building and found that while the building itself was structurally sound, several areas of the brick facade were loose and posed a danger to pedestrians. City inspectors also found a number of health, fire, and building codes and filed for an injunction to close the entire structure. An agreement was reached in October 1999 to make repairs, though only a few minor repairs were carried out on the brick facade, roof, and windows to prevent more pigeons from entering the upper floors. In March 2000, the remaining businesses in the building closed and the city set an April 1 deadline for Bujack to decide if he was going to renovate or raze the building. Although Bujack eventually decided to demolish the building, no work was ever started.

In March 2002, Bujack was given a court order to raze the building by March 31 or face a fine of $1,000 per day it remained standing after that. Bujack offered to give the building to Family and Community Services of Portage County, who had plans to renovate the building for apartments and retail. The plan called for the city of Kent to take temporary possession of the building, but fell through when city leaders decided the liability involved in taking ownership was too high. Other groups expressed interest in the building or the site including proposals to renovate it for use as a hotel, gradual renovation for offices and retail, and demolishing it and building a new store on the site, though none of the plans ever progressed beyond planning stages.

 The old hotel was acquired in 2004 by Greg Vilk, a former tenant who had operated the last three businesses in the building. Vilk had sued previous owner Joseph Bujack for breach of his lease agreement and took ownership of it as part of the settlement. At the time of the transfer, Bujack owed over $308,000 in fines on the building. Vilk and his ownership group Kent LLC had plans to redevelop the building, but none of them ever materialized.

In 2007, he was given a court order to make several repairs for health and safety issues. Repairs made included cleaning of the brick facade and re-grouting the bricks in several locations, removal of several windows, and painting the rear outer wall. Inside, most of the building was gutted to help make it more presentable to potential developers. During the interior work, however, concerns were raised over whether the renovation would jeopardize efforts to obtain any federal or state preservation grants. As a result, no further renovation work was carried out, and while it was reported a development group was interested in buying the building, no changes in ownership occurred. As the building continued to deteriorate, it was described as an "eyesore" and "decrepit" along with being a safety and health hazard with several calls for its demolition.

Kent City Council again approached the idea of foreclosing on the building and tearing it down in 2006. While the demolition measure was defeated, council did authorize the city to attempt to foreclose on the property. Disagreements between Vilk and the city continued for several years over the payment of the fines and liens on the building, the lack of any visible redevelopment efforts, and the increasing dilapidated state of the structure with Vilk maintaining that the city had promised to removed the liens. A 2007 court ruling ended any additional liens from being issued on the property, but did not remove the liens already in existence of $425,000.

In 2008, Vilk sued the city for $25,000 and the removal of the fines and in 2009, a judge ruled that the city had no authority to collect on the liens, instead ruling that the liens were under the jurisdiction of Portage County. Later in 2009, courts ruled that neither the city nor the county had any liens on the property, but the contempt of court fines still stood. Vilk contended that the fines were levied on the previous owner and were dormant. A settlement was reached in 2011 and the city bought the building for $735,000 before selling it to Ron Burbick a few days later for $400,000.

Prior to his purchase of the old hotel, Burbick had personally funded the Phoenix Project, which renovated and expanded two neighboring downtown buildings and tore down the house that was immediately adjacent to the west of old hotel, replacing it with a retail area known as "Acorn Alley". Acorn Alley quickly became a popular destination after opening in late 2009 and the office and retail space in the rest of the development was in high demand. The new development put increased exposure on the dilapidated state of the old hotel, which stood in contrast to the buildings around it. The Phoenix Project also helped spur additional development in the adjacent blocks of downtown Kent. Multiple development projects totaling nearly $100 million got underway in 2010, including a second phase of Acorn Alley, a new hotel and conference center, a 360-space parking deck, and additional retail and office space, all within a block of the old hotel.

 Shortly after the sale of the building, Burbick announced plans to renovate the structure for mixed use, with retail and offices on the lower floors and apartments on the two upper floors. Tenants were announced in April 2012 with initial plans for luxury apartments on the fifth floor, transitional housing on the fourth floor for veterans, offices on the third floor, a Buffalo Wild Wings on the first and second floors, and retail in the basement, though the transitional housing was eventually removed from the plans. Burbick also announced that the building would be renamed "Acorn Corner" to compliment the adjacent Acorn Alley development.

Minor renovation work started in May 2012 with asbestos and lead paint removal followed by exterior masonry work on May 22, 2012, which cleaned and re-grouted the entire brick facade and more extensive interior work began in September. In October, construction started on a new elevator shaft and stairwell added to the rear of the building which was necessitated by the original shaft being too small for modern elevator equipment. Buffalo Wild Wings opened for business April 1, 2013 and additional tenants moved into the remaining building space later in April and May. The renovation and restoration of the old hotel to become Acorn Corner was hailed by the local Record-Courier as a "Kent miracle" that brought the building "back from the dead."

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