Hawkeye Hotels picks up Iowa Radisson

Radisson Quad City Plaza (Hawkeye has plans to renovate the 221-room property, which is the firm's second hotel in the Quad City market.)

Iowa-based Hawkeye Hotels assumed ownership of the Radisson Quad City Plaza in Davenport, Iowa, and plans to renovate the property. The hotel, located on Second Street, marks the firm’s 15th in Iowa and second in the Quad Cities.

Currently the hotel consists of 221 guestrooms, 9,200 square feet of meeting space and a climate-controlled, covered skywalk for guest access to the RiverCenter Convention center and Adler Theater. The location also offers access to Davenport’s downtown hub for entertainment, business and shopping.

“When we see this type of pragmatic opportunity to invest more in our home state, it’s a win-win for both our company and the state of Iowa,” John Hall, CFO of Hawkeye Hotels, said in a statement. “We believe we can contribute to the city’s thriving business environment and look forward to helping Davenport grow.”

The Radisson Quad City Plaza currently includes a heated indoor pool, a fitness center, a 24-hour business center and a free airport shuttle. Nearby attractions include the Historic Village of East Davenport, North Park Mall and Figge Art Museum.

“Our acquisition and renovation of this hotel will breathe new life to a property that has been a staple of Davenport for the last 20 years,” Samir Patel, development manager for Hawkeye Hotels, said in a statement.

The hotel supports steady demand from government entities and major corporations, such as John Deere, United Healthcare, Chase, US Bank and Wells Fargo. Local educational institutions also contribute to steady demand. Aside from Augustana University, community colleges and university satellite campuses in the Quad Cities include: Black Hawk College, Eastern Iowa Community College, Saint Ambrose University, Upper Iowa University and Western Illinois University Quad Cities.

The third-largest city in Iowa, Davenport represents about 100,000 of the greater metropolitan statistical area’s 380,000 population and includes views of the Mississippi River. The Rock Island Arsenal, Lee Enterprises and Von Maur department store are additional major employers for the area.

Founded in 1982 with one roadside hotel in Mena, Ark., Hawkeye Hotels today owns and operates more than 50 hotels across the U.S. The company also employs more than 1,500 employees across its portfolio of hotels and corporate offices.