Emily Griffith School_Vote to Sell Stonebridge_Denver CO
DevelopmentHospitality

Denver Public Schools Board of Education to Vote Sale Emily Griffith Site to Stonebridge

View here The Denver Public Schools Board of Education is scheduled to vote on the sale of Emily Griffith’s historic location to Stonebridge Companies on Thursday, August 18th. The use of the land is undisclosed. Photo credit: By Dtobias (Own work) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

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Renaissance Denver Downtown City Center hotel
Hospitality

Denver Sets All-Time Monthly Record Hotel Tax Receipts

View here Visit Denver recently reported a monthly record collection of $9.8 million in June 2016 in hotel tax receipts, which surpasses the previous record of $8.3 million in July 2015. Visit Denver attributed a 4% increase in hotel rooms available and several large conventions held in Denver in June, …

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Colorado Tourism Office_Denver CO
HospitalityProfiles

CO Tourism Sets All-Time Records for Visitation and Spending in 2015

Denver, CO – The Colorado Tourism Office (CTO) recently announced that Colorado once again set all-time records for total visitors, visitor spending and tax generation in 2015, welcoming 77.7 million visitors who spent $19.1 billion and generated $1.13 billion in state and local tax revenue. This is the fifth consecutive …

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Alberta Development Partners_Orchard Station_Greenwood Village CO
DevelopmentHospitalityMultifamilyOfficeRetail

Update on Proposed TOD Orchard Station in Greenwood Village

View here Alberta Development Partners has reportedly removed its master development plan for Orchard Station, a planned transit-oriented development set to break ground in Greenwood Village. Rendering courtesy of Alberta Development Partners, LLC

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Rocky Mountain Lodging Report_Hyatt Hotel Aurora_Turner Construction
HospitalityProfiles

Despite Increase Supply Hotel Rooms, Average Daily Rate Denver Hotels Still on Rise

View here The Rocky Mountain Lodging Report was released indicating that despite an increase in the supply of hotel rooms in the Denver metro area, the average daily rate of Denver hotels still rose from $130.12 to $136.72, over the first half of the year. The report also predicts that the average …

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Fountainhead Commercial Capital_Hotel Financing_Westminster CO
BrokerageHospitality

Fountainhead Commercial Capital Finances $6.7M Hotel Purchase Westminster

Westminster, CO – Fountainhead Commercial Capital recently announced it closed a hotel loan, financing the $6.7 million purchase of a 77-room Comfort Inn & Suites, located in Westminster, Colorado, just north of the Denver city limits. Purchaser Interstate 17, Inc. financed the acquisition with Fountainhead’s loan with plans to renovate …

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Colorado Business Review Mid-Year Forecast July 2016
ArchitectureConstructionDevelopmentHospitalityOfficeProfiles

CO’s Economy Outperforms Nation According to CO Business Review 2016 Mid-Year Update

by Julie Wanzer, LEED AP Denver, CO – The University of Colorado Boulder Leeds School of Business recently released their 2016 mid-year economic update. The report draws from data and findings from several contributors including, but not limited to, Construction Economics, LLC, Colorado Department of Labor and Employment, and the …

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Marriott International_Gaylord Rockies_Aurora CO
ConstructionDevelopmentHospitality

Gaylord Rockies Expands Marriott’s Meeting Space Offerings & Boosts Colorado’s Construction Workforce

by Julie Wanzer, LEED AP Denver, CO – The Gaylord Rockies Resort & Convention Center was highlighted by Marriott International, Inc. in a speech given by Brian King, the company’s Global Officer, Brand Management & Global Sales, at the Global Business Travel Association’s annual convention in Denver on July 17, 2016. …

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Alberta Development Partners_Orchard Station_Greenwood Village CO
DevelopmentHospitalityMultifamilyOfficeRetail

TOD Orchard Station Coming to Greenwood Village

by Julie Wanzer, LEED AP Greenwood Village, CO – A new transit-oriented development (TOD) in Greenwood Village has been unveiled by Alberta Development Partners. This type of development first took center stage in 2006 when the City and County of Denver released its TOD Strategic Plan to help guide TOD related …

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Downtown Denver Partnership_2016-Annual-Development-Map_Denver CO
BrokerageDevelopmentHospitalityMultifamilyOfficeRetail

Downtown Denver Development Map Highlights $4.4B in Total Investment Since 2011

Denver, CO – The Downtown Denver Partnership has released the 2016 Downtown Denver Development Map detailing projects that have been completed or are currently under construction since January 2011. Currently, $4.4 billion of total investment in development has been completed or is under construction in Downtown Denver, totaling 73 projects, 3.1 …

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