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A "Holiday Inn" sign denotes the new name of the Hotel Lancaster at 26 E. Chestnut St. on Tuesday, April 16, 2019. The former "Hotel Lancaster" sign above it was to be removed later in the day. 

The former Hotel Lancaster changed over to the Holiday Inn brand on Tuesday. 

Early Tuesday afternoon, the old and new designations could both be seen above the entrance to the hotel along East Chestnut Street in Lancaster.

The old sign was scheduled to come down later Tuesday, developer John Meeder said.

The rebranding as the Holiday Inn Lancaster occurs as the hotel wraps up an extensive renovation project totaling roughly $16 million.

Most of the work is finished, Meeder said. One major component, The Imperial restaurant at the corner of North Queen and East Chestnut streets, opened in December. In the past few weeks, finishing touches were put on the hotel lobby and ballrooms.

Renovation continues on about 1 1/2 floors and the pool, Meeder said. It’s expected to wrap up in early May.

The hotel’s makeover is part of the long-awaited transformation at Lancaster Square.

On Monday, the Lancaster Parking Authority closed on its deal to acquire the annex property between the hotel and 101NQ, where it plans to build a parking garage and space for the Lancaster Public Library.

A few details remained to be negotiated when the authority board met last week. It approved a purchase offer of $1.15 million, contingent on the administration tying up those loose ends. They were resolved and a contract signed Thursday, executive director Larry Cohen said. 

The annex was acquired from an affiliate of Meeder’s company, Meeder Development.

On the square’s south side, new cladding and windows are going up at 101NQ, the mixed-use complex that is scheduled to open in the fall, with business software and consulting firm Cargas Systems as its anchor tenant. Lancaster city, meanwhile, is working on a makeover for the public plaza itself.

Officials are hewing to a tight timeline in hopes of opening the garage by the fall of 2020 and completing the plaza by the end of that year.