COLORADO SPRINGS, Colo. (KRDO) -- The Antlers Hotel in Downtown Colorado Springs has been around for more than 100 years. The hotel, however, could soon be shut down and turned into apartments.
While the building was torn down and rebuilt in 1967, the Antlers Hotel has remained in the same spot since it was first built in 1883. According to the Antlers Hotel website, the hotel was named by General William Jackson Palmer because it housed his large collection of deer and elk trophies.
Now, the City of Colorado Springs Planning Department says an investment firm out of the Denver area submitted a proposal to turn the Antlers Hotel into an apartment complex.
Blueprint Investment Group has a proposal into the city to turn the hotel into an apartment complex.
The proposal would turn the hotel into a 166-unit apartment complex. It would include an indoor and outdoor pool along with other amenities.
City officials told KRDO Blueprint Investment Group turned in the proposal earlier this week. It's currently under review by the City Planning Department.
The city has roughly four weeks to review the proposal before distributing it to the other reviewing agencies.
At this time, the City Planning Department could not confirm if the entire Palmer Center Complex, including the First Bank building and the Wells Fargo Bank Tower, would be converted as well.