City leaders have agreed to pay a developer $450,000 to relinquish ownership of the Walesbilt Hotel in downtown Lake Wales.

The former 5R Ranch was bought by Richland Communities last year for $50 million. So far, no plans have been submitted.

The Lake Wales City Commission and Community Redevelopment Agency Board both voted 5-0 Tuesday night to approve the ...

The Lake Wales city commission approved a signed agreement Tuesday evening that will return ownership of the historic Dixie Walesbilt Hotel to the city.

The 10-story hotel, which has stood empty for decades, is set to return to city ownership after a failed redevelopment and years of legal wrangling.

The Lake Wales city commission approved a signed agreement Tuesday evening that will give ownership of the historic Dixie Walesbilt Hotel back to the city.

The City of Lake Wales reached an agreement to regain ownership of the historic Walesbilt Hotel after a three-year legal battle. The city will pay $450,000 to the current owner and plans to seek ...

POLK COUNTY, Fla. - A Lake Wales man was arrested Wednesday evening after a Polk County Sheriff's Office deputy clocked him ...

The City of Lake Wales is taking back ownership of the historic Walesbilt Hotel which has been the subject of a legal battle.

In 2013, Ralph Zucker and his firm purchased Bell Labs in Holmdel, NJ, for $27 million. After 10 years and $273 million worth ...

On a trip to the English countryside, Catherine, Princess of Wales, signaled that the Y2K style revival is still in full ...