Hotel Land Development Sells for $1.2M in Longmont
Longmont, CO – Marcus & Millichap announced the sale of a 2.01 acre fully entitled land parcel suitable for hotel development in Longmont, Colorado. The $1.2 million dollar sales price equates to $13.77 per square foot. Bob Kaplan and Brandon Kramer, senior investment specialists in Marcus & Millichap’s Denver office …
New Image of Denver’s RiNo District Defines Future of Dynamic Neighborhood
Denver, CO —The River North Art District (RiNo) neighborhood of Denver is undergoing a significant transformation from industrial corridor to a thriving artistic, eclectic, mixed use destination. In a new rendering, OZ Architecture collaborated with more than a dozen fellow design firms and developers to assemble the first all-encompassing view of what this neighborhood’s …
DBJ Unveils Crane Watch for CRE Industry
View here The Denver Business Journal launched a new interactive map that tracks all of the commercial development taking place in the Denver Metro Area. Crane Watch will be updated monthly and include the following industry sectors: office, hotel, multifamily, mixed-use, retail, healthcare and industrial. DBJ readers are encouraged to …
Marriott in Boulder Sold & Stonebridge Co’s Assumes Management
Boulder, CO – Stonebridge Companies recently assumed management of the Marriott Boulder in Boulder, Colorado. Collaborating with Summit Properties Inc., a publicly traded REIT, which purchased the property and focuses primarily on owning premium-branded, select-service hotels in the upscale segment of the lodging industry, Stonebridge Companies will now undertake daily …
Stonebridge Companies Converts Country Inn & Suites to Courtyard Marriott
Denver, CO – Stonebridge Companies recently announced the acquisition of the Denver International Airport Country Inn & Suites, and plans to convert the hotel to a Courtyard by Marriott brand. Conveniently located near the Denver International Airport transportation corridor, the significant renovation and conversion to the Courtyard brand will offer …
RiNo District Adds New 50-Room Boutique Hotel
Denver, CO – The Ramble Hotel, an independently owned, three-story hotel will open in late 2017 with 50 guestrooms; an intimate theatre and bar; flexible meeting space; a small retail outlet; an outdoor courtyard; an independently owned restaurant; and a marquee lobby bar, Death & Co Denver. The bar marks the …
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
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, …
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 …
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
