City takes steps to evaluate Hotel Topeka, looks for asset manager

The City of Topeka is taking steps to identify conference hotel industry experts to help the city determine how to best re-develop Hotel Topeka at City Center. The city won the auction bid to purchase the hotel early June.

The City of Topeka recently released two requests for proposals (RFP) related to the hotel. The first RFP seeks to contract with an asset manager who would oversee the hotel and any future hotel operator, while the second RFP looks to identify a vendor to evaluate the existing hotel facilities and systems.

“Our research tells us that successful hotel properties, particularly ones owned by public entities, even on a temporary basis, contract with hotel experts to assist them with strategic and operational decisions regarding their hotel properties,” said Acting City Manager Richard Nienstedt.

“These are the first steps by the city to help us understand the current status of the hotel, and help us find a company to manage the asset. Purchasing the hotel allowed the city to take the future of the hotel into our own hands, in order to ensure we’ll have a successful hotel and convention center for many years to come,” said Topeka Mayor Michael Padilla.

The city expects to rely on the guidance of the asset manager to identify an appropriate brand for the hotel and to help select a private operator.

The purchase of Hotel Topeka at City Center is not yet final. Because the hotel is in receivership, the purchase has to be approved by the court. The case is scheduled to be heard in Shawnee County District Court in late-July. The sale of the hotel will not be final until it is court approved.

The RFPs can be viewed at the city’s online bid portal. The asset manager RFP closes on July 19, 2023, while the assessment RFP closes on July 7, 2023. To learn how to do business with the City of Topeka, visit https://www.topeka.org/procurement/vendor-guide/.