Brinkman buys newly built SpringHill Suites in Parker
Brinkman has acquired a newly completed hotel in Parker as part of a long-term investment strategy. Brinkman, in partnership with Utah-based developer Colmena Group, purchased the 108-room SpringHill Suites by Marriott at 9355 Silverado Drive. The price was $17.28 million, or $160,000 per key. The 66,641-square-foot building is located off Silverado and North Pine Lane, less than a mile from the intersection of E-470 and Parker Road. The upper-midscale hotel features a breakfast area, 356 sf of meeting space, an indoor pool, fitness center, lobby workstation, market pantry and guest laundry area.
Jill Jamieson-NicholsJanuary 3, 2020
Iowa hotel company to bring dual-brand hotel to 2534
An Iowa-based hotel company will develop its first Colorado property – a 98-room dual-brand hotel – at 2534 in Johnstown. The project will include a 65-key Sleep Inn, accompanied by a 33-room MainStay Suites hotel. Hart Family Hotels will develop the property on a 2.67-acre site it purchased for $1.22 million. Jake Hallauer “Hart Family…
Jill Jamieson-NicholsDecember 23, 2019
Sage Hospitality, partners break ground on River North hotel project
Sage Hospitality, along with Walnut Development Partners and EXDO Development, recently broke ground on a new hotel development in Denver’s River North Art District. The unnamed hotel is located at 3770 Walnut St., steps from the 38th and Blake commuter rail station.
Kris Oppermann SternDecember 2, 2019
The Beck Group melds best of both worlds in Hilton’s newest dual-brand property
Demand for hotel rooms in downtown Denver in recent years could conservatively be described as ravenous. With Lonely Planet naming Denver one of the top 10 cities to visit in 2020, there are reasons to expect that this trend will continue.
Building DialogueNovember 25, 2019
BMC Investments developing Hyatt House at Fitzsimons
A 140-key Hyatt House hotel will provide a new lodging option in the Fitzsimons area. BMC Investments is developing the hotel at the southeast corner of East Colfax Avenue and Peoria Street in Aurora. It has owned the site, known as the Gateway at Fitzsimons, since 2013. “Fitzsimons is one of the fastest-growing hospital campuses…
Jill Jamieson-NicholsSeptember 20, 2019
Homewood Suites by Hilton Boulder among hotel sales
A Denver group paid $16.9 million for the Homewood Suites by Hilton Boulder, while an institutional investor picked up four other hotels in deals totaling $45.82 million.
Jill Jamieson-NicholsAugust 7, 2019
Denver targeted by fast-growing Sonder
A hospitality company with more than $400 million in funding is on track to add multiple new locations in some of Denver’s most desirable neighborhoods.
Jill Jamieson-NicholsAugust 4, 2019
World Trade Center full-steam ahead for 2021 opening
Groundbreaking for the World Trade Center Denver in River North is expected to occur in the fourth quarter, with Golub & Co. joining Denver based Formativ as co-developer and capital partner for the 14-story office building.
Jill Jamieson-NicholsJuly 16, 2019
Developer buys parking lot with eye toward creative tower
A developer with a creative vision for a 40-story tower on a parking lot at 1901 Arapahoe St. in downtown Denver is under contract to buy the 1.26-acre site for $28 million. Michael Eisenstein of Land Capital LLC is eyeing development of the Love This City Tower, which could include structured parking, up to 1,300…
Jill Jamieson-NicholsJuly 13, 2019
Hawkeye Hotels zeroes in on metro Denver
A growing hospitality company hopes to begin construction late this year on a 12-story hotel in downtown Denver and also will bring additional hotels to the metro area. Iowa-based Hawkeye Hotels is planning approximately 380 rooms for a site it acquired early this year at 1320 Glenarm St. The project will include an approximately 205-room…
Jill Jamieson-NicholsJune 29, 2019