DENVER, COLO. – April 27, 2018 – McWhinney – a Colorado-based premier real estate investor and developer with expertise in hospitality, mixed-use, commercial and multi-family assets – has broken ground on a new 226-room LEED Silver Hyatt Place hotel 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. For more information on Peña Station NEXT, visit www.penastationnext.com.
Scheduled to open in late 2019, amenities at the Hyatt Place Peña Station NEXT will include:
“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 hotel will be managed by Denver’s Sage Hospitality, an industry-leading hotel and restaurant management company, real estate investor and hospitality brand developer.
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 is being developed by L.C. Fulenwider, Inc. in partnership with the Denver International Airport Division of Real Estate and Panasonic Enterprise Solutions Company.
“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.”
McWhinney’s existing hospitality portfolio includes a wide variety of lodging properties in the Western United States, including The Maven Hotel at Dairy Block in downtown Denver, the AC Hotel Portland in Oregon, The Elizabeth Hotel in Fort Collins and the Great Wolf Lodge in Garden Grove, California. The company also owns the 123-room Hyatt House Denver Airport Hotel and is currently developing a new Courtyard by Marriott at Centerra in Loveland, Colorado. It is also developing a new 294-room Hyatt Place hotel in Boston’s vibrant Seaport District.
Founded in 1991, McWhinney is committed to launching new lifestyle communities, developing vibrant mixed-use places and crafting new retail concepts for residents, employees and visitors to connect with and enjoy.Back to News