CHEYENNE â Balconies were falling off the Central Plaza Hotel and concrete corners crumbling away when Corey Lynn of Lynn Buys Houses and Carter Ward of Ward Insulation bought it.Â
But today is a new day, and the Central Plaza is a new hotel.Â
All 88 rooms have passed their official inspections after being gutted and remade into new and better spaces. Now that itâs all finished, Central Plaza Hotel will have a different name. Itâs going back to the name it had when first built in 1961, The Downtowner.
Two of The Downtownerâs finished units were on display for a grand opening Friday night, and the words âwowâ and âso beautifulâ were heard often as members of the general public had their turn at a more informal â but perhaps more important â inspection.
They approved of the new design with its elegant simplicity. They liked the little kitchenettes with their brightly colored toasters and microwaves and the little micro-dishwashers.
Some contemplated how they might move the furniture around. Should the bed go further away from the window?
But then where would the television go?
Lynn, hearing the compliments and chatter was beaming as she looked on at a dream come true â a dream she and her co-owner had to fight for every step of the way.
Ready Just In Time
Only minor work remains at the hotel, most of it cosmetic, Lynn told Cowboy State Daily.Â
Boxes will be placed around tubing and wires so that theyâre not visible. Carpet on the second floor is still being laid.
âPart of our hope was that we would be done in April,â Lynn said. âAnd we would have interest-only payments at the bank until October to give us a chance to ramp up with occupancy, because itâs a hard ask to have people living in the middle of a construction zone.â
Unfortunately, there was a nine-month delay on the all-essential air conditioning and heating unit.
âThat put us very far behind, so we have no ramp-up period,â Lynn said. âWe are marketing hard to try and get the rooms full.â
The extended-stay hotel has 40 tenants so far â nearly 50% occupancy.
Even though it was a little behind their preferred schedule, itâs been finished just in time, Lynn feels, to provide housing for incoming workers who might be involved with the missile retrofit at F.E. Warren Air Force Base.
âWhat really motivated us was how many people are going to be here for the missile retrofit,â Lynn said. âAnd just generally workers donât want to get into a lease staying at a hotel.â
A Place With History
The Central Plaza originally served railroaders, who would walk up from the depot with an overnight bag.
Unfortunately, the hotel also had a very popular package liquor store â a little too popular, in fact.
Workers were coming into work hungover, or maybe even still drunk, from carousing the night before. Union Pacific told the hotelâs owners to shut the package store down.
When they refused, Union Pacific commissioned the Oak Tree on Dell Range as its new layover spot and shuttled its workers there instead.
That began a long, slow decline for the hotel.
By the time Lynn had the opportunity to buy the Central Plaza, it was in a terrible state. The garage was falling in. Balconies were falling away. Concrete foundations were crumbling.
She knew it was not far from the wrecking ball, and that the project was well beyond her expertise. Sheâd had a lot of experience flipping homes, but never a hotel, and never a hotel in this kind of sad shape.
Thatâs how her partner Ward came to be involved.
âIâm thinking about buying this hotel,â she told him. âBut all this concrete is just falling down, and I donât know what to do.â
When Ward came to inspect the place, she thought for sure he would tell her there was no hope.
Instead, he told her heâd been looking for a project just like this, that could help Cheyenneâs downtown build business and community.

How They Saved It
But the project was never smooth going for the two. It was a battle from day one. In the beginning, no less than 58 experts told them to just tear the hotel down and start all over again.
But Lynn couldnât let 62 years of history in Cheyenne go. She recalled spending summers and weekends in Cheyenne with her grandparents, how the property was part of the downtownâs heartbeat.
âWhen I was a kid, I rode in the parade all the time, and I have vivid memories of coming right here,â Lynn said. âAnd there were lots of sober â and some very drunk â people hanging off the balconies, but the energy just kind of emoting from here was, even as a kid, Iâm like, âWow I want to go there.ââ
Finally, they found two architects who thought maybe, just maybe, the hotel could be saved.
The process involved using highly durable carbon fiber wrap to girdle up the existing concrete and repair it.Â
The consultants drew up plans for each problem spot â and there were a lot of problem spots â especially in the corners.
Existing corners were sanded off to prepare it for the fiber wrap so that a tight seal would form. An engineering plan specified the size and just where each piece needed to go.
âThey put this coating over the top of it that sucks it all in,â Lynn said. âSo thatâs what brings it back to its original integrity. So, if thereâs weak spots in here, now itâs just pulled it all together.â
The material is not indestructible, Ward has told Cowboy State Daily in previous interviews.
âItâs stronger than rebar, whatâs inside the concrete,â he said. âItâs going to last another 100 years.â

Renée Jean can be reached at renee@cowboystatedaily.com.











