Mixed-use Development in Downtown Denver Receives $110M Financing
DENVER – Continuum Partners, LLC, a progressive Denver-based development firm specializing in building urban mixed-use developments has secured $110 million financing for A Block, a 310,055-square-foot mixed-use development comprising the 200-key Kimpton Hotel Born; a 54,976-square-foot, Class A office building with ground-level retail space; and a 197-space parking garage in downtown …
How Gen Z will Impact Hospitality Design
By Holly Welles Generation Z, the younger siblings of the tech-savvy millennials, has never known a world without technology such as cell phones and smart devices, making them even savvier than their millennial counterparts. Generation Z, also known as iGen, is made up of roughly 65 million people, depending upon …
Hyatt Hotels Acquires Colorado Hospitality Company
Following the completion of a potential $600 million sale, Hyatt Hotel Corp. announced that it has reached an agreement to buy Arapahoe County-based Two Roads Hospitality, a hotel management company most notable for The Gant in Aspen, the Manor Vail Lodge, the Hotel Talisa in Vail and the Hilton Denver Inverness …
Construction Timeline: DIA Great Hall Renovation
DENVER — Construction is underway at Denver International Airport (DEN) for a three and a half-year renovation project of the Great Hall — the area under the tents of the airport’s Jeppesen Terminal, which encompasses 1.5 million square feet — that will enhance security, provide a more flexible and open airline check-in …
Colorado’s Largest Hotel Acquired by New Ownership Group
DENVER – Sheraton Denver Downtown Hotel, the largest hotel in Colorado is under new ownership. A joint venture between High Street Real Estate Partners (Atlanta, Ga.) and Eagle Four Partners (Newport Beach, Calif) closed on September 28 for an undisclosed price. The new ownership group is developing a major renovation plan for the …
Kevin Taylor Adding Second Restaurant to ARISTA, Broomfield
BROOMFIELD – Kevin Taylor Restaurant Group (KTRG) will open its second restaurant at the Arista Broomfield mixed-use development in late 2018. KTRG’s latest concept will be named Masa Cocina Mexicana and occupy the 3,200 square feet endcap space of 8181 Arista Place. Under the direction of Executive Chef/Partner Frank Blea, as …
Groundbreaking: Legacy Ballroom, Westin Westminster
WESTMINSTER – The Westin Westminster recently broke ground on the new Legacy Ballroom that will add an additional 10,000 square feet of flexible event space when it opens in Spring 2019. The new ballroom will feature 18 foot high ceilings and can be used for events for up to 1,000 people, adding to …
The Sebastian Vail Receives Financing for Additional Improvements
DENVER – Holliday Fenoglio Fowler, L.P. (HFF) has arranged $13.5 million in financing for The Sebastian Vail, a full-service boutique hotel and private residence club located within Vail Village, to be used for additional capital improvements to the property. Completed in 2007, The Sebastian Vail, underwent an extensive $1.2 million property …
Historic Emily Griffith Campus to Undergo $96.5M Transformation
Emily Griffith Opportunity School in Denver will soon become a mixed-use property with hotel and retail space after Denver City Council unanimously approved a redevelopment plan. Englewood-based hospitality company Stonebridge Companies plans to transform the 2.5-acre site at 1250 Welton St. in Denver into a hotel with approximately 250 rooms, retail and office …
Multi-Tenant Retail Development in Colorado Springs Nears Completion
COLORADO SPRINGS – Confluent Development, a Denver-based real estate investment and development firm, is nearing completion on an 8,265-square-foot multi-tenant retail development in Colorado Springs. Accommodating three tenants, the retail development will bring brands Snooze, an a.m. Eatery, and Bishops Cuts/Color to the Colorado Springs market. Located on the corner …