Central Properties is a family owned Madison property rental business. The members are Phyllis Sanfilippo, Garth Langhammer and Harold Langhammer. We began in 1986, with the purchase of 118 State Street, the site of this proposed hotel. At the time of its purchase, it was occupied as a school facility for the Madison Area Technical College, now Madison College. When the college moved into its new campus at near Truax, we converted the building to office usage. For thirty years, it has been occupied primarily by non-profit organizations.
During these years, we purchased, renovated and built other buildings, all in the downtown campus area. Our current student rental properties can be seen at: www.centralapts.com.
We have, over the years, been involved in historic preservation efforts through the moving of buildings otherwise slated for demolition.
In 1971, we significantly assisted in the saving and transporting of the Gates of Heaven Synagogue from its original location on West Washington Avenue to James Madison Park. In 1998 we moved the King House, a three story Victorian home, from the lower State Street area to 212 West Gorham Street. More recently, we moved, because of the construction of the new court house, Senator Fred Risser’s Cotswold styled house from West Wilson Street to the Olin Park area.
Because of the central location of The Dayton Carroll Hotel, we have for many years felt that hotel usage would be the best use for the property. Shortly after we purchased it, Professor James Grasskamp of the University of Wisconsin business school did, as a class project, a study of the property. Its conclusion, at that time now thirty years ago, was that it should serve as a complimentary hotel to The Concourse.
About five years ago, we began seriously studying the conversion of the property to a hotel. Our initial studies, drawings and consultations were very positive, as has been the conclusions and opinions of nearly everyone who has been presented with the project. We are fortunate in becoming joint venture partners with Ascendant Holdings, also a local business with offices in Madison and Milwaukee. Our goal is to build a second to none facility, and own and improve it as a family asset for many years to come.