New Retail Tenants Open at Dairy Block
DENVER – Local retailers Berkeley Supply and #YOURSELF are now open at Dairy Block in the heart of Lower Downtown Denver. Developed by McWHINNEY, Sage Hospitality and Grand American, Inc., Dairy Block is the Mile High City’s newest destination where you can dine, drink and explore an entire downtown block connected by …
New Boutique Hotel to Break Ground in RiNo 2019
DENVER – TWC Management, a Colorado-based hotel operator and developer specializing in limited service properties, has announced plans to develop a locally-inspired Vīb®, a boutique hotel concept by Best Western® Hotels & Resorts, at 3560 Brighton Boulevard in RiNo. Designed for the connected traveler, this will be the first Vib hotel in Colorado. …
Proposed “Micro Micro” Development to Bring Efficient, Modern Living to RiNo
DENVER — OZ Architecture’s latest project rolls mixed use, residential and adaptive reuse into one project known as “Micro Micro,” a new micro-design project proposed for RiNo, by developer Detroit Land Company. Located at 3034 Larimer, the project will consist of adaptive reuse and restoration of two existing but long-vacant …
Ares Real Estate Group Sells Investment Stake in Gaylord Rockies Resort & Convention Center for $270M
DENVER — Ares Management, L.P. (NYSE: ARES) — a publicly traded, leading global alternative asset manager— has sold its investment stake in the Gaylord Rockies Resort & Convention Center in Aurora for $270 million. Located less than 10 minutes from the DIA and 25 minutes from downtown Denver, the 1,500-room hotel and …
Two Additional Hotels Planned for Centerra in Loveland
LOVELAND – McWHINNEY and Stonebridge Companies recently partnered to deliver the fourth hotel in Loveland’s Centerra master-planned community. Construction is underway on the Courtyard by Marriott property, which is planned to open in late 2018. In addition, the partnership has also announced plans for two additional hotels, supporting demand for hospitality offerings …
CBRE Survey Finds Industrial and Logistics Sector Remains ‘Blisteringly Hot’
DENVER — CBRE’s H1 2018 North America Cap Rate Survey — which provides insights on movements for the major property asset classes — shows that cap rates remained broadly unchanged across the sectors in H1 2018, except for some retail segments. Industrial cap rates tightened the most and multifamily rates edged down modestly. …
Restored Ironworks Building to Open as Denver’s Newest Event Space
DENVER— Following years of dormancy, the Ironworks building in Denver has been carefully restored into a new event venue set to open this fall. Dating back to the turn of the century (1903), the Midwest Steel and Ironworks was a Denver landmark, serving as the headquarters for the drafting and operations of …
Denver’s Ritz-Carlton Hotel Sells for $100M
DENVER — Orlando-based real estate investment trust Xenia Hotels & Resorts, Inc.(XHR) has acquired Denver’s 202-room, luxury Ritz-Carlton hotel, for $100.25 million —the 39th hotel in Xenia’s portfolio of primarily luxury and upscale hotels and the Company’s second Ritz-Carlton branded hotel. The 14-story luxury hotel features 202 oversized rooms, including 47 suites, as …
Urban Ventures Seeks to Make Sun Valley a Cultural Hub
By Katie Rapone Urban Ventures LLC., a Denver-based real estate development and consulting company, is dedicated to redeveloping urban properties into communities that make a positive contribution to the neighborhood fabric and create sustaining value. Recent projects include the redevelopment of a 17.5-acre former convent property in northwest Denver into a …
Westin Westminster Completes $8.5M Renovation
WESTMINSTER — The $8.5 million renovation of The Westin Westminster — that features 370 guest rooms and 60,000 square feet of flexible event space — is now complete. Designed by Atlanta’s Black Dog Studios, The Westin Westminster’s new décor is a “mountain modern” theme. Colors and patterns were inspired by Colorado’s abundant prairie grasses and the …