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==Spa and resort development reboot== In May 2015, the often discussed development plans of Sharon Springs Inc., a company owned solely now by Kyu Sung Cho, resurfaced with new renderings and a plan of action.<ref name="timesjournalonline.com">{{Cite web|url=http://www.timesjournalonline.com/details.asp?id=94850|title=Demolition first step for Sharon spas |archive-url=https://web.archive.org/web/20160822110348/http://www.timesjournalonline.com/details.asp?id=94850 |archive-date=22 August 2016 |url-status=usurped}}</ref> A presentation to the town's Joint Planning Board cited the razing of the collapsed Lower Baths and Laundry and Medical Buildings, which were part of the Imperial Baths complex. Additionally, asbestos under the stucco of the Imperial Baths' façade was to be removed. Long-range plans, dependent on the asbestos removal as well as using NY State Grants, called for demolishing the Columbia Hotel to put a parking lot in its place, and in even longer terms, restoring the Adler Hotel.<ref name="timesjournalonline.com"/> The architectural plans for the Imperial Baths called for it to have an Asian theme in the rear but the street side exterior was to closely match the original design. A tour operator hopes to bring visitors from NYC to Sharon Springs as before when the spa was functional.<ref>{{Cite web|url=http://www.thedailystar.com/news/local_news/developer-aims-to-restore-sharon-springs-mineral-baths/article_fa495ba4-99d2-50c6-99d0-fb4089998de1.html|title = Developer aims to restore Sharon Springs mineral baths}}</ref> In November 2024, it was announced that a Japanese hotel management company, Hoshino Resorts, is developing an onsen ryokan (a Japanese style spa and inn) resort in Sharon Springs. The resort is expected to open in 2028.<ref>{{Cite web|url=https://www.news10.com/news/schoharie-county/japanese-mineral-spring-resort-coming-to-schoharie-county/|title = Japanese mineral spring resort coming to Schoharie County}}</ref> ===New York State Grants=== On January 15, 2008, it was announced that under New York State's $100 million Restore NY program, $500,000 was being allocated to Sharon Springs. The grant was intended for the Pavilion Cottages, which are not related to the Adler Hotel/Korean spa projects.<ref>[http://timesunion.com/AspStories/story.asp?storyID=655325&category=&BCCode=&newsdate=1/15/2008 State grant to aid Sharon Springs - Page 1 - Times Union - Albany NY] {{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}}</ref> The Pavilion Cottages, built in the 1860s, are the last remaining portion of the historic Pavilion Hotel. The one remaining structure of the Pavilion Cottages was originally accompanied by three other Cottages which offered private suites for families traveling with servants in tow.<ref>{{cite web|url=http://www.dailygazette.com/news/2008/jan/22/0122_condogrant/ |title=Grant aids developer of condos |publisher=Dailygazette.com |date=January 22, 2008 |access-date=May 7, 2013}}</ref> In 2010, due to missed project deadlines, the matching grant was unfortunately allowed to lapse unused. On September 2, 2009, Restore New York / Empire State Development's Communities Initiative - Round 3 - announced they were granting $1,000,000 for creation of The Imperial Spa by Sharon Springs Inc.<ref>{{cite web |url=http://www.empire.state.ny.us/restoreNY/ |title=Empire State Development |publisher=Empire.state.ny.us |access-date=May 7, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130510234413/http://www.empire.state.ny.us/restoreNY/ |archive-date=May 10, 2013 }}</ref> Per the Empire State Development press release: "The rehabilitation will create spa and therapy areas of" {{convert|41,200|sqft|m2}} and {{convert|6,400|sqft|m2}} "for outdoor bathing facilities. The total renovated square footage, including amenities such as restaurants and gift shops, will be" {{convert|50,000|sqft|m2}}.<ref>{{cite web|title=Local grants announced » Local News - » The Daily Star, Oneonta, NY - otsego county news, delaware county news, oneonta news, oneonta sports|url=http://www.thedailystar.com/local/local_story_246040047.html|url-status=dead|archive-url=https://archive.today/20120911155439/http://www.thedailystar.com/local/local_story_246040047.html|archive-date=September 11, 2012|access-date=May 7, 2013|publisher=Thedailystar.com}}</ref> The project funding was anticipated to create 100 new jobs in the community and aimed to rehabilitate the historic Imperial Bathhouse (circa 1927) into a modern luxury spa, as well as re-establish Sharon Springs as a spa destination in New York. However, the group's standstill on the project leaves the potential restoration of the Imperial Baths uncertain. In the meantime, the historic bathhouses continue to deteriorate.
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