The Hotel Saranac is seen in downtown Saranac Lake. (Enterprise photo — Jesse Adcock)

SARANAC LAKE — The Hotel Saranac was listed on the National Register of Historic Places on April 5.

“It is an incredible honor to be recognized for our dedication to preserving this historical treasure,” Fred Roedel III, chief financial officer for Roedel Companies wrote in an email. “Hotel Saranac has always been a pillar of this community and restoring it to its original splendor was a once in a lifetime opportunity.”

A review board under the National Parks Service reviews applications to be listed in the register. Once approved and listed, a property can receive tax credits for renovations of historically significant properties, and qualify for federal grants.

Additionally, properties listed on the register are granted some measure of protection — for instance, nearby properties listed on the historic register are considered before issuing surface mining permits.

“We are thrilled to have Hotel Saranac listed on the National Register of Historic Places and look forward to continuing to share the rich heritage of Hotel Saranac and Saranac Lake with the world,” Roedel wrote.

The Hotel Saranac was built in 1927. Roedel Companies undertook a $36 million renovation of the property after the company bought it in 2013, and reopened the hotel in January 2018.