Moonstone to Rescue Garden and Build Hotel
SILVERTON, OR, March 29, 2006. A California hotel developer will take over operations of the Oregon Garden tourist attraction in hopes of rescuing it, and in the process will build a 100-room hotel.
According to published reports, Marion County and Silverton officials said the deal might be the garden's best chance to overcome its financial problems.
Under the interim agreement, Moonstone will begin managing the 80-acre garden in April; however, the final agreement among Moonstone, the garden's creditors and a court-appointed receiver needs to be approved by a Marion County judge at an April 19 hearing, reports noted. Any of the garden's creditors could raise objections.
The Cambria, CA, company uses gardens at its 10 hotels, most of them in California.
According to Lynda Gill, director of operations for Moonstone, the short-term goal is "to restore community faith in the Oregon Garden as a viable attraction. Our long-term goal is to help revitalize The Oregon Garden and put it back on the map as one of the nation's premier garden destinations."




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