Hyatt Place Hotel Breaks Ground at Denver’s Peña Station NEXT
Peña Station NEXT is a transit-oriented, mixed-use development adjacent to Denver International Airport and easily accessible by the University of Colorado A Line Train. Embodying and delivering advanced technology, a robust fiber backbone, a unique sense of community, clean energy and mobility; Peña Station NEXT is modeled after renowned “smart city” concepts around the world, such as Fujisawa, Japan. The 382-acre, $500 million project is slated to offer 1.5 million square feet of commercial space, 500,000 square feet for retail outlets and 2,500 residences.
“McWHINNEY is excited to be joining the Peña Station NEXT community,” said Dave Johnstone, chief investment officer, hospitality at McWHINNEY. “This is a unique, sustainable new development in a prime location by Denver International Airport and we look forward to adding a Hyatt Place hotel into the mix.”
The 226 spacious guestroom Hyatt Place is scheduled to open in late 2019. The hotel will be managed by Denver’s Sage Hospitality, an industry-leading hotel and restaurant management company, real estate investor and hospitality brand developer.
Peña Station NEXT is being developed by L.C. Fulenwider, Inc. in partnership with the Denver International Airport Division of Real Estate and Panasonic Enterprise Solutions Company. Colorado’s Alliance Construction Solutions is serving as general contractor on the project, which is being designed by Denver architecture firm GKK Works.
“Peña Station NEXT will be a global showcase for how to develop innovation districts within the fabric of existing cities, changing the way development is done and setting a new standard for smart, sustainable, connected living.” said Ferd Belz, president of Fulenwider. “The Hyatt Place hotel will be a great amenity for the Peña Station NEXT neighborhood.”
Rendering courtesy of McWHINNEY