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Originally known as the Plaza Hotel, the Spencer Center is the home of the Colorado College offices of development, human resources, communications, external relations, budget, institutional research, and athletics marketing. Office space is also leased to local businesses and organizations. The structure served many functions until 1969, when the entire building was converted to office use. In 1983, it was added to the Interior Department's National Register of Historic Places.
Colorado College had many close associations with the hotel over the years -- for example, from 1901-03, the west wing was leased as a dormitory to accommodate an overflow of female students, and Murray's Drugstore, housed in the hotel's ground floor, served as the college's bookstore from 1920-41.
The college acquired the structure in 1991 and renamed it to honor a retiring trustee and board chair, the late William I. Spencer '39.