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National Western Center Redevelopment Phases 1 and 2

Sector: Hotel • Location: Denver, Colorado, United States

Source: Denverite

Project
Planned

Denver City Council approved up to $812 million in spending to complete the first two phases of the National Western Center project. The redevelopment includes a new equestrian center for horse-related events, a 160-room hotel, adaptive reuse of a historic building, a community center intended to be community-run, a parking garage, and several dozen units of affordable housing for people making be

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The project “National Western Center Redevelopment Phases 1 and 2” is an infrastructure initiative in the Hotel sector, located in Denver, Colorado, United States. Taiyo aggregates data on it from Denverite.

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Description

Description

Denver City Council approved up to $812 million in spending to complete the first two phases of the National Western Center project. The redevelopment includes a new equestrian center for horse-related events, a 160-room hotel, adaptive reuse of a historic building, a community center intended to be community-run, a parking garage, and several dozen units of affordable housing for people making between 50 and 100 percent of the area median income. The project is funded by local tourism taxes and involves a private consortium of developers and builders known as Community Activation Partners, led by Fengate and Hensel Phelps, with Perkins+Will, Oak View Group, McWhinney Real Estate, Sage Hospitality, and 4240 Architecture also part of the team. The total cost of the project is roughly $1.6 billion, with future phases planned including community-oriented projects and income-restricted housing on a 50-acre area called the "triangle."

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