Hotel planned for former College Football Hall of Fame property

Local South Bend, Ind., affiliate, WSBT, is reporting that the former College Football Hall of Fame is being sold to to JSK Development, a hotel development and management company, which has plans to convert it into a corporate headquarters with a hotel on the premises.

The plan is for the CFHOF to become a hotel lobby, with a hotel built on the adjoining Jefferson Street parking lot.

The 5-story hotel is expected to have 120 guest rooms, feature retail space, and open in spring 2017. Construction is expected to begin in about six months. No brand was disclosed.

"This is another sign of South Bend's ongoing growth in tax base and jobs," said South Bend Mayor Pete Buttigieg in a news release. "Putting this important space back to use will take a burden off taxpayers, support further development, and fuel South Bend's continuing comeback."


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

The CFHOF building will reportedly be sold for $1.2 million, according to the city. The plan is to sell the parking lot to the development company for $1

“JSK will be a great partner in redeveloping the building and adding to the vibrant atmosphere in downtown South Bend,” said Scott Ford, executive director of the Department of Community Investment, in the release. “The company’s vision for the site addresses the community’s desire to utilize the Hall as a magnet for private investment, maintain the gridiron as central public space, and infill another block with sustainable commercial activity.”

Suggested Articles

In addition to a new deal to expand in Denmark, the chain also is growing in France, Greece and Vietnam.

The newly built property has 140 apartments across a mix of one-, two- and three-bedroom units.

Ahead of the Mediterranean Resort & Hotel Real Estate Forum, Joachim Schmitt discusses the hospitality investment climate.