Olde Town Arvada has become a real estate hot spot

6 July 2016

Olde Town Arvada has become a real estate hot spot, with numerous new businesses moving in, residential and commercial development underway and the highly anticipated Fall opening of the $30.4 million transit hub along with the Regional Transportation District (RTD) G Line commuter rail line. All of this activity continues to enhance Arvada and Olde Town Arvada’s appeal as one of the metropolitan area’s most desirable places to live, work and play. One of the highly anticipated real estate projects include the Hilton Garden Inn. This $23 million project involves the redevelopment of 3-acre site, including a 20,000 square foot building, into a 5-story Hilton Garden Inn branded hotel that will employ 60 to 80 employees and feature 137 rooms, 3,000 square foot meeting and event space, 150 parking spaces, restaurant and lounge, indoor pool, and fitness center. The developer is Arvada Hotel Investors, LLC (AHI) in partnership with Renascent Hospitality Brinkman Partners, and is scheduled for completion in the first quarter of 2017.

Dayton, OH Spring Hill Suites by Marriott Acquired

The 84 room hotel has been acquired by BlueField Capital of Salt Lake City, UT. Renascent Hospitality of Greenewood Village,
CO is an equity partner in the acquisition and will be the Marriott International approved hotel management company.

Renascent selected as 2022 Horizon Award winner

Renascent Hospitality is proud to announce that it has been recognized as the CONNECT 2022 Horizon Award winner from Marriott® International. The Horizon Award recognizes the best of the best in hotel management companies that partner with Marriott.

Greeley, CO Hampton Inn & Suites Acquired

The 2006-developed hotel has been acquired by NexGen Properties, LLC, based in Greenwood Village. The Hampton Inn & Suites was bought for $7.95 million from seller Spirit Hospitality, based in Fort Collins. With 48,980 square feet, the hotel boasts 74 rooms to check out.