Big change for distinctive Riverwest building. Plus: A busy week of real estate news.
By
Jeramey Jannene - Apr 25th, 2021 12:13 pm
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Cream City Hostel in 2019, 500 E. Center St. Photo by Jeramey Jannene.
There is new life for the former bank building at 500 E. Center St., but not as a hostel.
Cream City Hostel, which opened in 2019, fell victim to the global travel downturn triggered by the COVID-19 pandemic.
RiverBee LLC, which owns the property, pivoted to seeking a new tenant in 2020. The investment group owns many of the fixtures, including the beds, in addition to the property.