DevelopmentHospitality

Alterra Mountain Company Adds Hospitality and Real Estate Divisions

Denver-based Alterra Mountain Company, a a community of 15 iconic year-round destinations, including the world’s largest heli-ski operation, is adding two new divisions to the company, Hospitality and Real Estate. These divisions will work in parallel with the Mountain Division, made up of the company’s 15 North American mountain destinations. …

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ArchitectureConstructionHospitalityOfficeRenovationRetail

Renovation of Boulder’s Crystal Building Complete

Unico Properties has completed a $4 million renovation of the four-story, 71,216-square-foot Crystal Building along Boulder’s famed Pearl Street Mall. Avanti, a local food hall, recently opened its second location in the building. “Pearl Street Mall continues to be the social heartbeat of Boulder, and the Crystal Building has long been a …

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DevelopmentHospitality

Kumar & Associates, Inc. Completes Work on Welk Resort in Breckenridge

Denver-based engineering consultant Kumar &Associates, Inc. (K+A) completed the construction materials testing and observation services for The Ranahan by Welk Resorts in Breckenridge at the end of 2019 for its opening in early 2020. The luxury vacation rental resort consists of an L-shaped, multi-story lobby/amenity building with two attached accommodations buildings. The site has a stand-alone meeting and maintenance building with associated …

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Aurora Crossroads
DevelopmentHospitalityOfficeRetail

$92M of Financing Secured for Aurora Crossroads and High Point Developments in Aurora

Financial services firm D.A. Davidson & Co. has secured nearly $92 million of tax-exempt bonds to fund the development of Aurora Crossroads and High Point, two Westside Investment Partners projects located at the southeast corner of the high-profile intersection of I-70 and E-470 and at the intersection of E-470 and 64th Avenue in …

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ConstructionDevelopmentHospitality

Brinkman Celebrates Opening of Aloft Hotel in Westminster

Brinkman Real Estate and Colmena Group celebrated the opening of Aloft at The Orchard Town Center in Westminster earlier this month. The limited-service five-story, 67,000-square-foot hotel has 120 guest rooms includes an outdoor pool, spa, full-service bar, meeting space, business center and fitness facility. “We’re thrilled to bring this key hospitality …

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HospitalityReports

U.S. Hotel Market May Not Recover Until Late 2021 or Early 2022, says Report

Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, has released its Mid-Year U.S. Hospitality Report, which predicts that the U.S. Hospitality Market may not recover until late 2021 or early 2022. Julie Fugitt-Schultz, CCIM, director of Hospitality Valuation for Integra Realty …

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ArchitectureConstructionDesignDevelopmentHospitality

Extended-Stay Hotel Tops Out in RiNo

On Aug. 21, Sage Hospitality Group, along with Walnut Development Partners and EXDO Development, celebrated the topping off of RiNo’s first extended-stay hotel development at 3770 Walnut St. and also announced the long-awaited name of the independent new concept: Catbird. The overall concept for Catbird, including the amenities and food and beverage …

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BrokerageHospitalityInvestment

Rodeway Inn Hotel in Loveland Sells During COVID Shutdown

The Rodeway Inn, a 48-room hotel in Loveland, has sold for $2,875,000. The sale took place during the COVID-19 pandemic, which made the financing “extremely difficult,” according to Neville Rustomjee, first vice president investments at Marcus & Millichap’s Denver office. “Many SBA lenders will not finance new hotel acquisitions, and those …

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ArchitectureDevelopmentEnergyHospitalitySustainability

Snowmass Resort Receives LEED Certification

The OZ Architecture designed Limelight Hotel in Aspen, Snowmass dubbed the “living room” of Snowmass, has given Snowmass Base Village the anchoring hotel and outdoor community gathering space it long needed. Earlier this year, the 99- room hotel joined the impressive list of buildings OZ has designed that meet the stringent standards of …

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DevelopmentHospitality

Colorado Ranch Resort Unveils 24 Luxury Homesites

After nearly 20 years of ownership, Bob and Suzanne Fanch, owners of award-winning mountain retreat Devil’s Thumb Ranch Resort & Spa in Tabernash, Colorado, are offering 24 custom homesites for purchase at the 6,500-acre luxury guest ranch located just minutes from Winter Park Resort. The new community known as “The Ranches at Devil’s …

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