• This is one of the rooms in the newly constructed Wick Hotel in Hudson. (Redburn Development)
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This is one of the rooms in the newly constructed Wick Hotel in Hudson. (Redburn Development)

This is one of the rooms in the newly constructed Wick Hotel in Hudson. (Redburn Development)

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The Wick is a $10 million new hotel in downtown Hudson. (Redburn Development)

The Wick is a $10 million new hotel in downtown Hudson. (Redburn Development)

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HUDSON — An upscale hotel near the city's bustling Warren Street will hold a celebration to note its opening Monday.

The Wick, which appears to be the largest hotel to open downtown in many years, is a $10 million conversion of a 150-year-old candle and soap factory on Cross Street.

Troy-based Redburn Development Cos. gutted and renovated the 40,000-square-foot building, which is just west from the city's main shopping and restaurant district.  The structure was previously being used as a storefront.

The renovation involved the refurbishment of the factory's original wood floors, and exposed some brick walls.

The Wick has 55 rooms, a board room, bar, enclosed rooftop venue and fitness center. The hotel, which quietly opened to the public in December, is part of the Starwood Hotels and Resorts rewards system. A traditional room was listed this week as costing around $169 a night.

The project received $1.5 million as part of the state's Regional Economic Development Council awards, as well as about $350,000 in sales and mortgage recording tax breaks, and breaks through the state historic tax credit.

The state has said that the building, originally constructed in the 1860s, was known as South Bay Mill and functioned as a soap and candle manufacturing plant for Gale & Hover. In the late 1880s, Hover switched to textile manufacturing.

Downtown Hudson is mostly populated with smaller inns and bed and breakfasts.

Redburn Development has done numerous conversions of buildings into living space in the immediate Capital Region, such as the former Tilley Ladder building in Watervliet and the upper levels of the former Nelick's Furniture building in downtown Troy.