As the city suburbs developed in the 1960s and ' 70s , most hotels moved outside of downtown . Rehabilitation of the Riley Center in 2006 has increased demand and a push for a new downtown hotel . The Threefoot Building has been proposed for redevelopment for this purpose , but restoration efforts stalled with a change in city administrations . The Threefoot Preservation Society was formed in 2013 to raise public awareness and support for the building 's renovation , featuring tours of the first floor and anniversary events .