BrokerageHospitality

Denver Hotel Market to Reach Near Record Occupancy in 2018

DENVER – Hotel supply and demand growth in Denver is expected to double the national average in 2018. Supply is forecasted to increase 4.6 percent this year, compared to 2.0 nationally, that’s according to CBRE Hotels’ Americas Research (CBRE) that provides capital markets, consulting, investment sales, research and valuation services to companies in the …

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ConstructionDevelopmentHospitality

Progress Report for Peña Station Hyatt Place

DENVER –The project team at the site of the Peña Station Hyatt Place, is continuing the underground over excavation and recompaction for the foundation concrete. Alliance Construction Solutions have just begun pouring the foundation walls as they complete the remainder of the spread footings. Alliance is pouring both stair cores simultaneous to the foundations going …

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ArchitectureDesignDevelopmentFeatureHospitality

OZ Architecture Making Waves in Hotel and Restaurant Design

By Malorie Williamson OZ Architecture has been at the forefront of design since 1964. With a team that includes architects, designers, strategists and artists, the firm is renowned for its major resort work such as in Steamboat and Vail but is less known for its smaller-scale restaurant and hotel design. …

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DesignHospitality

First SCP Hotel To Open In Colorado Springs Following Nine-Month, $6 Million Transformation

COLORADO SPRINGS – Soul Community Planet (SCP) announced the opening of its first SCP Hotel in Colorado Springs after a nine-month, $6 million renovation. The 98,000-square-foot, 176-room property, located at the base of Pikes Peak, is in its final stages of renovation. “We’re pleased to introduce SCP Hotels with the opening …

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BrokerageHospitality

Holiday Inn Express & Suites DTC Sells for $9.2M

ENGLEWOOD — The Holiday Inn Express & Suites, a 92-room hotel in Englewood, Colorado has sold for $9.2 million, according to Bob Kaplan, regional manager of Marcus & Millichap’s Denver office. Neville Rustomjee, an investment specialist in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on …

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ConstructionDesignDevelopmentEventsHospitality

Denver’s Oxford Hotel Completes Major Renovation

DENVER— The Oxford Hotel – Denver’s most historic hotel in the heart of the LoDo district – recently completed a major renovation. Denver-based Sage Hospitality is the manager of the hotel and oversaw the renovation. The general contractor for The Oxford guestrooms, lobby, spa, fitness, meeting rooms, and Cruise Room was Solid …

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BrokerageHospitality

Texas-Based Crescent Real Estate Purchases Denver’s Brown Palace Hotel

DENVER — Crescent Real Estate LLC has purchased Denver’s iconic 241-room Brown Palace Hotel and Spa, as well as the adjacent 231-room Holiday Inn Express that is part of the Brown Palace hotel complex for $125 million, according to Denver County deed records. Crescent has plans for significant capital investments and …

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ArchitectureDesignHospitalityOffice

OpenTable’s New RiNo-inspired Denver Office in Wells Fargo Center

DENVER – Venture Architecture, a Denver-based firm specializing in discovery-focused design and delivery, recently completed design for OpenTable’s new 13,000-square-foot office space, located on the 29th floor in the Wells Fargo Center at 1700 Lincoln St. “OpenTable has a distinct culture that is palpable in their new space,” said Martin …

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DevelopmentEventsHospitalityMultifamilyOfficeRetail

Economic Strength Outlined in 2018 State of Downtown Denver Report

DENVER — Earlier this week the Downtown Denver Partnership released its 2018 State of Downtown Denver report. The annual report, funded in part by the Downtown Denver Business Improvement District, is one of the most comprehensive statistical looks at the stories and statistics behind a thriving center city, detailing increasing investment, …

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ConstructionHospitality

The Residence Inn by Marriott Denver City Center Completes $6.2M in Room Upgrades

DENVER – The Residence Inn by Marriott Denver City Center recently completed a $6.2 million dollar upgrade and modernization of its 228 spacious guest suites and guest corridors. Designed by Richmond, VA firm Baskervill, the Residence Inn by Marriott Denver City Center features a rich color palate of gold and grey with …

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