sentences:  For both architectural and cultural reasons, the hotel is one of the most important buildings on the North Coast of California.In late September 2008 (after the inn had been closed more than four years), the Eureka Times-Standard reported that Libo Zhu purchased the Inn for $2.75 million.His business plan, reviewed by the Greater Eureka Chamber of Commerce, suggested that he has "ambitious" plans to honor the inn's "integrity as a historic hotel."