Swinterton Builders and
Shiel Sexton have been selected to build a 21-story, dual-branded Hyatt Hotel at 14th Street and Glenarm Place in downtown Denver.
Construction of the 361-room hotel, being developed by
White Lodging, is scheduled to start in early November, with an opening set for late summer 2015.
The 306,000-square-foot building will feature both a Hyatt Place select-service hotel and a Hyatt House extended-stay product. Each hotel will have its own entrance, lobby, restaurant and lounge area, though hotel guests will share conference rooms, a swimming pool and workout area and four levels of underground parking.
"The location on 14th Street and the amenities of this dual-branded new hotel offer an attractive option for business travelers, convention attendees and visitors to Denver," says Swinerton VP Scott Conrad. "Swinerton is excited to once again build in the theater/convention center district in downtown and leverage our expertise honed on constructing the nearby Four Seasons Hotel on this new project for White Lodging."
Hotel occupancy levels have risen to 73.4 percent, and average room rates are up to $153.50 a night, according to the Downtown Denver Partnership’s 2013 State of Downtown Denver report.
"As this area continues to evolve, we look forward to completing this project, which will contribute to Denver’s economy, restaurants, retailers and local businesses," says Kevin Hunt of Shiel Sexton, an Indianapolis-based general contractor that has completed five hotels for White Lodging. "It will fit in very nicely with the Colorado Convention Center and the recent pedestrian improvements made to the 14th Street corridor."
Contact Confluence Denver Development News Editor Margaret Jackson with tips and leads for future stories at margaret@confluence-denver.com.
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