Are changes in store for these five downtown Springfield buildings? Here's an update

While downtown Springfield is home to plenty of buildings that have changed hands over the course of decades — even centuries — some buildings struggle from time to time to find tenants.

Others have had plans for modernization fall through the cracks amid building delays and funding issues.

Right now, some prime properties have been on the radar for more than just their historical status and amenities. Here's a look at five buildings that have seen a tenant move out or have had plans become stalled in recent months.

The PNC/National City/First of America/INB Building

Location: 1 Northwest Old Capitol Plaza

The background: PNC left the building last year after combining operations with its MacArthur Boulevard branch. The building was built in the 1970s for what was the original iteration of Illinois National Bank. It merged with First of America in 1989, taking on the identity of the Michigan-based company.

Another merger, this time with National City in 1997, provided yet another change to the property before settling with PNC in 2010.

What's going on right now? Not much in the way of progress, as no business has filled the bank section of the property since PNC left.

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Myers Brothers

Location: 1 W. Old Capitol Plaza

The background: Formerly the home of several department stores, including the eponymous one that dates back to the 1880s. Bergner's, most notably, had a store in the building after purchasing Myers Brothers in 1978; however, poor performance forced the store to close in 1988.

What's going on right now: Currently home to offices for the state treasurer's office, a cannabis shop also opened in the building earlier this year.

Proposals have been discussed for potentially converting portions of the building into housing. The Myers Family Real Estate group has the building up for sale and is currently awaiting a buyer.

Wyndham Springfield City Centre

Location: 700 E. Adams St.

The background: Springfield's tallest building and one of its most recognizable; originally opened in 1973 as a Ramada – known as the Forum 30 ‒ before converting to a Hilton in 1980; Wyndham gained the rights to the hotel in 2015.

What's going on right now: A proposal to convert the building into high-rise apartments was rejected by the city council on Tuesday. The plan had been approved by the Springfield Planning and Zoning Commission last month to change the zoning on the property ‒ which would have allowed GoodHomes, a New York-based firm specializing in converting hotels into market-rate apartments, to purchase the property.

However, the Springfield-Sangamon County Regional Planning Commission recommended that the council reject the plan, saying that GoodHomes did not provide any evidence to show that the proposal would actually provide the kind of housing needed in the city.

Its status as a hotel is also in question, with the current owner saying it will likely not operate much longer under the current arrangement.

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Ferguson, Booth, Bateman-Kennedy

Location: Sixth and Monroe streets

The background: Built at the turn of the 20th century, these three buildings have housed retail and restaurant space in recent years, with places like Cafe Brio and Vele occupying the space.

What's going on right now: Proposals to turn these two buildings into housing and additional retail space ran aground last year when the city council questioned the lack of progress on renovations for the building.

Previously, the council approved a $3.15 million TIF agreement with a group of new developers from New York.

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The Public Market

Location: 322 E. Adams St.

The background: Built in 1974, this building had originally been home to a savings and loan association before it collapsed as part of the S&L crisis of the late 1980s and was sold to Magna Bank before closing. After being home to the Secretary of State Police for a time, it has been vacant for more than 25 years.

What's going on right now: Plans are underway to convert parts of the building into a food hall with a rooftop bar, the first of its kind in Springfield. The city council approved $1 million in tax-increment financing funds for the project in 2020.

The project is currently on hold, with organizers blaming pandemic-related issues for pushing it back. The project's Facebook page has not updated since January 2021 and no money has been contributed to a plan that would allow people to have stock in the holding company owning the building.

Contact Zach Roth: (217) 899-4338; ZDRoth@gannett.com; @ZacharyRoth13

This article originally appeared on State Journal-Register: Are changes in store for 5 downtown Springfield buildings? See our list

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