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City, developer mum on potential purchase of former Hammons-owned properties

Posted 5/17/24

The assets of late hotelier John Q. Hammons transferred to his largest creditor in 2018 through a settlement reached in bankruptcy court. In recent years, a local development group has discussed purchasing a handful of those assets in a multifaceted deal that involves the city of Springfield and possible incentives, according to documents from the municipality.

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