New Orleans developer makes offer for Grand Station Hotel

A New Orleans developer says he has offered to buy the Grand Station Hotel.

The Vicksburg Post reports that Kenneth Bickford, president of Chappapeela Development Corp., wants to acquire all outstanding common stock of Grand Station Hotel.

Bickford says the hotel will be bought from M Street Inc., which owns the 117-room facility and holds the adjacent Grand Station Casino's docking permits. The hotel connects to downtown Vicksburg and the casino, which is currently mired in foreclosure proceedings.

Bickford said in a statement that his plans are to create a luxury condominium hotel and marina resort.