Judge approves sale of West Valley Inn

Business News

WEST WARWICK, R.I. (WPRI) — After years of being on the market, an iconic banquet hall in West Warwick appears to finally have a new owner.

A Superior Court judge on Thursday approved the sale of the West Valley Inn to Roy LaCroix, a Cranston-based business owner.

The venue abruptly closed last summer after nearly 40 years in operation, but LaCroix hopes this summer will bring new hope for the local landmark.

“They [the previous owners] worked very hard at it,” LaCroix said. “It was sad to see it closed down for whatever reasons.”

The facility had been on the market privately since late 2014, with the asking price set at $1.5 million. According to public record, LaCroix purchased it for $1.2 million and is set to close on the sale at the end of July. He also said he plans to keep the West Valley Inn’s name.

A deal to purchase the Petrarca Street property fell through last September, leaving the struggling business to fall into receivership.

“We felt like we should get involved,” LaCroix added, “and hopefully it’s going to be good for everybody.”

LaCroix set his sights on acquiring the facility last fall and has spent the past few months executing his plan. The West Warwick native was neighbors with the inn’s former owners, whose traditions he wants to keep alive.

“Hopefully it’s an opportunity for us as a family and for other people as well who worked there or will come back to work there,” LaCroix said.

LaCroix said he hopes that by reopening the West Valley Inn, he’ll not only carry on a legacy, but also add jobs to the area. He said he’s looking to bring someone in to operate the facility and is willing to entertain ideas about its future.

LaCroix also said he won’t be wasting any time in getting it back up and running.

“As soon as possible!” he said. “The sooner the better.”

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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