By Brad Segall

By Brad Segall

NEW HOPE, Pa. (CBS) — One of New Hope, Bucks County’s most famous names and landmark locations is in for a major facelift and groundbreaking on the 25-million dollar project could come as soon as this spring.

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The historic building that sits along the Delaware River at the southern end of New Hope was home for many years to Odette’s, the restaurant and cabaret. It’s been boarded up for more than six years, the victim of three major floods. A group of investors wants to rebuild, bringing luxury hotel rooms, a restaurant and banquet hall, and a rooftop bar to the 40,000 square-foot site.

“They’re very, very excited to put this on the map again, and to have it be a part of the destination experience there,” says marketing director Julie Yeager. “There’s really a need for something new and exciting, and something that’s really going to embrace the culture of New Hope.”

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The original building will be demolished, but Yeager says it will include a lot of what the old experience was like.

“There will be a lot of stone work,” she says. “There will be a lot of exposed beams and brick work, and all of that really made Odette’s a special place to go.”

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The project will be called Riverhouse at Odette’s. The developers hope to have it open for business in the winter of 2016.