 Further East, 980 apartments are proposed for the site of the Regal Lloyd Center 10 movie theater.A 174-room Red Lion hotel, built in 1962 as the Cosmopolitan Motor Hotel, was purchased for $12.5 million in 2013 by Grand Ventures Hotel.After a $15 million renovation from 2013–2015, it reopened as the upscale Hotel Eastlund.