The Streamline Hotel, the 1940s-era beachside inn known as the birthplace of NASCAR, has sold, and the new owner plans to renovate the property. Eddie Hennessy, son of cosmetic company Pevonia International founders Phillippe and Sylvie Hennessy, bought the property at 140 S. Atlantic Ave. late last month for $950,000. He intends to restore the art deco building and turn the hotel into an upscale South Beach-style boutique inn. "My goal is to clean up the hotel, the block, the drug stuff going around," Hennessy said. "We're bringing the hotel back to its original state, only more modern." Since buying the hotel, Hennessy has installed new management and has started some work on the facelift. He said he doesn't yet know when the major renovation work will begin, but added he looks to get started "as soon as possible." Hennessy said he plans to start the restoration with the hotel's rooftop bar, which is where in 1947 Bill France Sr. met with race drivers and track owners to form NASCAR. The hotel has a second bar on the ground floor that Hennessy said he intends to turn into a NASCAR-themed lounge. The Streamline will stay open while renovation work is done, Hennessy said. After renovating the rooftop bar, Hennessy will start work on the lobby, the hotel's ground-level bar, then the guest rooms. He said he isn't yet sure how much he will invest in the hotel's renovation.(Daytona Beach News Journal)
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