Parkway Plaza Probably To Be Sold To California Firm
The Parkway Plaza Hotel and Conference Centre probably will be sold soon to a California firm.
On Tuesday, the Casper City Council approved the transfer of a resort liquor license from the Hospitality Development Corp. to CRU Casper LLC.
CRU Casper is a subsidiary of the CRU Real Estate Group, a hotel brokerage firm based in Costa Mesa, Calif.
A local attorney representing CRU Casper declined to give details about the company and its plans for the largest hotel in Casper.
"I can confirm that I represent CRU Casper LLC, but with respect to the status of the situation, we can't comment further," Peter Nicolaysen said Tuesday.
Longtime Parkway Plaza owner Pat Sweeney did not immediately return calls seeking comment.
Other than the liquor license transfer, no other information has been made public.
John Giantonio, the interim CEO of the Casper Area Convention and Visitors Bureau, said he hasn't seen any formal announcement about the possible sale.
But the Parkway Plaza plays an important role in local business and tourism, Giantonio said. "It's a great part of what we have to offer here in Casper."
With 287 rooms, it is the largest hotel in the region. It also has 25,000 square feet of meeting space, which is second only to the Casper Events Center, he said.
"If a sale were to actually happen, and investment was going to be made into the hotel for renovations, that's always a good thing," Giantonio said. "When you see something like that, it means that I'm going into a fresh, new up-to-date environment."