and Sage Hospitality
have started construction on their $70 million hotel and retail development at 245 Columbine St. in Cherry Creek North.
"We are very excited to deliver what we expect to be another transformative project not only in Cherry Creek, but for the Denver hospitality market as a whole," says Matt Joblon, chief executive of BMC Investments.
The development will include 155 hotel rooms, a rooftop deck with a pool and bar, 5,000-square feet of meeting and banquet space and two ground-floor restaurants. Klipp
is the architect and Mortenson
is the builder.
Sage Restaurant Group will open Departure, a concept operated by Top Chef
finalist Gregory Gourdet in its Nines hotel in Portland, Oregon. An additional 6,000 square feet of retail space is available for another restaurant operated by a third party.
The hotel will be a luxury, independently branded experience unique to the Denver market. It will have 100 percent valet parking in two levels of below-grade parking. The hotel is expected to open in April 2016.
"This project will mirror the big changes that have been taking place in the Cherry Creek North neighborhood," says Walter Isenberg, president and chief executive of Sage. "The hotel and restaurant we have planned will deliver the luxury experience for locals and visitors."
Contact Confluence Denver Development News Editor Margaret Jackson with tips and leads for future stories at firstname.lastname@example.org.