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Council approves sale of Hotel Hayes to Collier Gibson; staff to negotiate development agreement
Summary
Jackson City Council voted unanimously on Feb. 25 to sell the Hotel Hayes at 228 W. Michigan Ave. to Collier Gibson and authorized staff to negotiate a development agreement with the buyer.
Jackson City Council on Feb. 25 approved the sale of the Hotel Hayes, 228 West Michigan Avenue, to Collier Gibson and authorized city staff to prepare and execute a purchase agreement and a development agreement with the buyer.
The council vote followed a staff update that summarized a multi-year effort with a prior prospective developer, Jay Jeffers, and the city’s subsequent vetting of a different buyer. Staff said earlier…
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