Mile High Dine and Recline: Stoke & Rye, Avon
By Katie Rapone, editor Each month, Mile High CRE will highlight a new place to “dine or recline” in the Centennial State. September’s feature is the new Stoke & Rye restaurant located inside the award-winning Westin Riverfront Resort & Spa Avon, Vail Valley. Previously Maya, a modern Mexican kitchen by …
CBRE Hotels Raises Outlook for Second Half of 2022, Expects Continued Growth in 2023
CBRE is raising its forecast for hotel performance in Denver and nationally on the heels of industry gains in Q2 2022 and the expectation of slightly positive GDP growth in 2023. In Denver, CBRE revised its forecast for 2022 to a gain in revenue per available room (RevPAR) of 33.4 …
MIG Real Estate Adds Doubletree Breckenridge to Growing Portfolio
MIG Real Estate LLC (MIG), a national real estate investment company headquartered in Newport Beach, Calif., has purchased the DoubleTree by Hilton Hotel Breckenridge from Vail Resorts, Inc. The DoubleTree Breckenridge, located at 550 Village Road in Breckenridge, is ideally positioned at the base of Breckenridge Resort’s Peak 9 within …
128-Room Residence Inn Planned for Hotel-Ready Site in Arvada
Raymond Management Company (RMC), a premiere hospitality development and management company out of Madison, Wisconsin, has purchased a 2.09-acre hotel pad site in Olde Town Arvada at the southeast corner of Vance Street at 56th Avenue, from Trammell Crow Company (TCC). The site is development-ready including all grading, draining, utilities and landscaping necessary to begin vertical …
Development in Downtown Denver Continues Despite Office Vacancy Rates Hitting a Five-Year Record Low
The Downtown Denver Partnership released its annual report last week that annalizes the state of downtown. This year’s report suggests that downtown is moving forward after the significant impacts of the pandemic and highlights the exciting opportunities for growth and stabilization in the center city. Among the findings, the report …
Hampton Inn & Suites in Lafayette Sells for $12.5M
Hampton Inn & Suites Lafayette Medical Center, located at 317 Exempla Circle, in Lafayette, sold on July 25 for $12.5 million, which equates to $148,810 per unit. The upscale Hilton franchise hotel was constructed in 2018 and has 84 units. Demand generators include the adjacent 183-bed SCL Health Good Samaritan Medical Center …
Right Cream Now Scooping Ice Cream Out of For[a]ged at Dairy Block
For[a]ged is excited to be partnering with Right Cream to offer Denverites delicious and unique ice cream flavors this summer served from a to-go window facing Blake’s Passage in the Dairy Block Alley. Right Cream serves handcrafted ice cream paired with delicious homemade mix-ins, including cookies, toffees, brownies, caramels, sauces …
Historic Denver Union Station Celebrates 8th Anniversary of $54M Renovation
This month, the historic Denver Union Station is celebrating the 8th anniversary of its $54 million renovation. Widely recognized as the heart of downtown Denver, more than 10 million people visit the landmark station annually – both passing through the transit hub and visiting the award-winning Crawford Hotel, the 10 …
First Phase of CoorsTek Redevelopment Project Underway in Downtown Golden
The first phase of the large-scale mixed-use redevelopment of the CoorsTek manufacturing facility in downtown Golden began today. The new district, covering five city blocks, will be anchored by a new global headquarters for CoorsTek, Inc., and will account for approximately 1.25 million square feet of office, multifamily residential, placemaking retail, …
New Food Hall Featuring Award-Winning Chef Opens in Arvada
Further solidifying Metro Denver’s love affair with food halls, Freedom Street Social, a new 12,000-square-foot food hall, is now open at 15177 Candelas Parkway in Arvada. The new food-centric community gathering place is the brainchild of Nick and Amie Costanzo along with partners Cameron Cummins, Jeff Kaplan and Jon Morgan. Visitors can …
