31-Story, Full-Service Downtown Hotel

Investment Overview

The former Wyndham City Centre is a landmark full-service hotel located in the heart of downtown Springfield, Illinois, the state capital and a major government, business and convention destination. Situated on approximately 1.15 acres, the property is improved with a prominent 31-story hotel tower totaling approximately 374,200 SF. Originally constructed in 1972, the hotel contains 370 guestrooms and suites and remains one of the largest hospitality assets in the Springfield market. The property offers a full complement of guest amenities, including a restaurant and lounge, Starbucks café, business center, indoor pool and fitness center. Its iconic glass façade and commanding presence on the Springfield skyline make it one of the city's most recognizable hospitality properties. A key feature of the asset is its approximately 50,000 SF of meeting and event space, including ballrooms, breakout rooms, boardrooms and specialty venues. The property is well equipped to accommodate conventions, government functions, corporate meetings, weddings and social events, with adjacent structured parking providing convenient access for guests and event attendees.

Investment Highlights

• Landmark, 31-story high-rise tower totaling approximately 374,200 SF
• Approximately 50,000 SF of meeting & event space, among the largest offerings in the market
• Food & beverage operations included The Grille at City Center & Starbucks
• Comprehensive amenity package featuring indoor pool, fitness center, business center & structured parking
• Communications lease on roof that generates $XXXXXX of annual revenue available separately