In 2018, the Bartholomew County Heritage Fund supported an initiative called Envision Columbus to study the needs and potential for future growth in Columbus. That study identified 3 opportunity zones for development; commercial, residential and park systems. The commercial area targeted the 2nd and 3rd Street corridor in downtown Columbus as an area that could be revitalized into a destination that would attract cultural, dining and entertainment opportunities. Their recommendations included a hotel/conference center, urban grocer and multi-family housing as vital to the growth of the area and a building block for further public and private development.
In late 2019, the Columbus Redevelopment Commission chose the development team of Sprague Hotel Developers and real estate developers, Flaherty & Collins Properties to take the lead in the development of a hotel/conference center, urban grocer and multi-family housing in downtown Columbus. In February, 2020 a Term Sheet was executed as an agreement between all parties in regard to the scope of the project. The developers quickly began contacting potential hotel brands and grocers and found a great deal of interest from businesses in regard to locating a new property in downtown Columbus. At the request of the developers, the Commission has authorized a traffic study be completed involving 2nd and 3rd Streets and the possibility of converting those streets to two-way traffic. The process has also been put in motion to rezone the potential properties for commercial development.
The primary elements of the project are a branded conference hotel, which can be a full-service “lite” brand or select-service “plus” brand with the following elements:
- 140+/- Guest Rooms
- 9,000+/-SF Divisible Ballroom
- 4,000 – 5,000 SF of Divisible Breakout Meeting Rooms (at least five divisions)
- 3-Meal Restaurant that activates the street and has as much street presence as possible, likely on a corner.
- Parking for the hotel and conference center. Currently estimated to be 380+/- spaces.
- Urban Grocery on the property or in the immediate vicinity
Phase 1 Environmental Reports