White Lodging Services will build its first dual-branded Hyatt hotel near the Colorado Convention Center in downtown Denver. The 21-story building at the southeast corner of 14th Street and Glenarm Place will combine a Hyatt Place hotel with White Lodging’s first newly constructed Hyatt House. The company will operate the 346-room hotel under a franchise agreement. Read more in CREJ's May 1-May 14 issue.

Greenwood Village City Council has agreed to sell 3.54 acres of property at the Arapahoe at Village Center Station (on the east side of Interstate 25) for construction of a Westin Hotel. Greenwood Village Hotel LLC, a development group consisting of Waveland Ventures, Jackson Street Holdings and Arrival Partners, expects to begin construction in the fourth quarter. Preliminary plans for the hotel include 200 guest rooms and suites; a signature restaurant and bar welcoming both …

       Loveland-based McWhinney has joined the Union Station Alliance group as the managing member of the team that is redeveloping Union Station.      Union Station Alliance includes Larimer Associates, Sage Hospitality, REGenLLC and Urban Neighborhoods  McWhinney is an real estate investment and development company, responsible for large-scale multi-use developments in Colorado such as Centerra in Loveland and North Park in Broomfie…

Denver-based RedPeak Properties confirmed today it has purchased the Burnsley Hotel in Denver from Joy Burns. Burns converted the building at 1000 Grant St. into a hotel about 30 years ago.  RedPeak plans to convert the 17-story building back to an apartment building, returning it to its original use. Burns sold it as part of an effort to reduce the scope of her real estate portfolio. The building was constructed in 1963 as an apartment building. In 1969, Joy and Frank…

A Mount Crested Butte landmark sold to a local buyer for nearly $3 million. Nordic Inn LLC purchased The Nordic Inn, a 28-unit lodge at 14, 16, 18, 22 and 24 Treasury Road, where it is upgrading “virtually everything.” “The new owners will be good stewards of the property,” commented Jerry Jones of Prudential Commercial Real Estate. “A lot of people were interested in the property but there was no one like the buyer; a local individual who knows the…

The RTD has approved the lease of the historic Union Station building to the veteran development team of Sage Hospitality, Larimer Associates, REGen LLC and Urban Neighborhoods. The team plans to transform the historic building into a  mixed-use, transit-oriented hub with a planned opening in mid-2014. The building will close to the public on Dec. 1 and construction will begin Dec. 3. “It’s been a long journey, but our dream to see this historic landmark come ba…

The $110 million DaVita world headquarters building in downtown Denver on Thursday was named both the “Overall Project of the Year” as well as the “Office Property of the Year” at one of the largest and most prestigious gatherings of commercial real estate officials in Denver.The DaVita project in the Central Platte Valley at 2000 16th St. was lauded at the 18th annual Rocky Mountain Commercial Real Estate Expo and Fall Forecast sponsored by the University …

The Urban Land Institute’s fall conference that ends on Friday, in downtown Denver, is expected to pump $10 million to $12 million into the local coffers. But the ULI conference at the Colorado Convention Center, brings developers, designers, planners, financiers, investors, and others from the metro area, the entire U.S., as well as Asia, Europe, South America and elsewhere around the globe. ULI, however, has a claim to the convention center that no another group holds. I…

More than 6,000 developers, real estate investors, architects, planners, attorneys and others from the U.S. and around the world are attending the Urban Land Institute’s 75th anniversary convention in Denver. The event, whose theme is “What’s Next” ends Friday and focuses on larger issues of economic and political consequences, including global finance, innovation and, of course, potential impacts of the Presidential election in November. ULI, at the conf…

Alliance Construction Solutions has started work on the first project of its kind in Colorado. The firm has begun renovations transforming the former Xcel Energy building into the state’s first dual-brand hotel. Homewood Suites by Hilton and Hampton Inn and Suites will be housed in the 12-story building at 550 15th St. in downtown Denver and share more than 262,000 square feet of space. “We are excited to be part of such a new concept in hotel design,” said Jer…

An out-of-state buyer picked up a Walsenburg motel at a price of $5,405 per room. North Carolina-based 125 Walsenburg LLC paid $200,000 for the former Knights Inn, a 37-room motel at 22808 U.S. Highway 160. The buyer is expected to either keep the motel a Knights Inn or rebrand it, and make some improvement, noted Candace Seaton of Grubb & Ellis|Quantum Commercial Group, who listed the property. Read more in the July 18 issue of the Colorado Real Estate Journal. 

Alliance Construction Solutions has completed the $6 million TownePlace Suites by Marriott Hotel in the Gateway Business Park near Pena Boulevard in Denver. Read more in the July 4 issue of the Colorado Real Estate Journal. 

The Broadmoor is readying for a $60 million, multiphased renovation over the next two years designed to elevate the overall guest experience. Work includes the expansion and redesign of guestrooms and suites and extensive updates to food and beverage outlets and meetings, events and activity facilities. The initial phase of renovations was completed recently and included the re-opening of the Southlake building guestrooms and suites and a new look for the 6,300-square-foot Cheye…

Gaylord Entertainment Co. has agreed to sell the Gaylord Hotels brand and rights to manage its four hotels to Marriott International Inc., and says it won't pursue a new hotel and convention center in Aurora "in the form previously anticipated." The company said it will no longer view large-scale development as a means for growth and will "re-examine" how the project could be completed with minimal financial commitment by Gaylord during the current development cycle. Mar…