Groover Labs member Crain Capital, a vertically integrated real estate investment firm, was featured in the Wichita Eagle. One of their properties was recently added to the Register of Historic Places in Kansas. The building is in the heart of the Wichita Biomedical Campus district, a partnership between Wichita State University, the University of Kansas, and WSU Tech.
Read more below.
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Well-known downtown Wichita building added to historic registry on way to renovation
By Carrie Rengers
Another downtown building has been added to the Register of Historic Kansas Places, and it’s not a coincidence that it’s one across from where the new Wichita Biomedical Campus is locating.
The five-story McClellan Hotel building at the southwest corner of William and Broadway, better known to some as the former O’Rourke Title Building, was added this summer.
“It’s just a beautiful exterior, and it’s right on the corner — has a lot of style from the past on it,” said developer Marv Schellenberg.
He and apartment specialist Graham Crain purchased that building, the Petroleum building across the parking lot from it and the Kress Energy Center just up the street at the northwest corner of Douglas and Broadway late last year with intentions to redevelop the sparsely occupied buildings.
All three are now empty as Schellenberg and Crain contemplate how to use the buildings, which could be for a variety of things, such as medical office space or apartments.
“We’re looking at all the options that we have,” Schellenberg said.
Read the full article here.