Sage Hospitality Breaks Ground on New Hotel Development in Denver's RiNo Art District
This yet-to-be-named independent hotel concept is under development in the epicenter of the RiNo neighborhood at 3770 Walnut St., just steps from the 38th and Blake RTD commuter rail station.
Sage Hospitality, one of the nation’s leading hospitality investment, development, and management companies, along with Walnut Development Partners and EXDO Development, announced today that they have broken ground on a new hotel development in Denver’s vibrant River North (RiNo) Art District. This yet-to-be-named independent hotel concept is under development in the epicenter of the RiNo neighborhood at 3770 Walnut St., just steps from the 38th and Blake RTD commuter rail station – directly connecting to DenverInternational Airport – and in close proximity to the Mission Ballroom and numerous other restaurants, nightlife offerings, fitness studios, and over one million square feet of new office space.
“The explosive growth of the RiNo Art District has been a dynamic change for the city of Denver, and we are excited to be a part of that growth,” said Walter Isenberg, President and CEO of Sage Hospitality. “Sage is thrilled to be adding another independent brand to our portfolio, and we look forward to building a place that will be loved by both our guests and the local community.”
Keeping in step with Sage Hospitality’s commitment to creating places that people want to go to, not through, this hotel will blur the lines between hotel and home, resulting in a concept that is perfect for travelers and locals alike. This independent brand will join Sage’s portfolio of independent hotels like The Maven, The Crawford and The Oxford. The property is tentatively scheduled to open in early 2021.
“The creative environment and culture in RiNo have perfectly set the stage for us to develop a unique concept at this location. By merging the comfort of your apartment with the high-level service, experience and flexibility of a hotel, we believe the property will be very complementary to the growth currently underway in the neighborhood,” said Jason Kaplan of Walnut Development Partners.
“We’re excited to partner with Sage and Walnut Development Partners on this extremely innovative project in RiNo,” said Andrew Feinstein, President and CEO of EXDO Development. “The addition of this hotel property will help continue to propel the development of the neighborhood forward.”
The seven-story hotel will feature 165 high-design guestrooms that marry coveted residential amenities with the unparalleled service that can only be delivered by a hotel. Rooms will boast a multi-functional lofted bed, pull out sofa and a coffee table/ottoman, ensuring that guests feel totally at home. All rooms will be equipped with full kitchens, business-friendly features and high-tech entertainment equipment. Each guest floor will feature complimentary laundry services as well as a water filling station that dispenses still, sparkling and hot water. In addition to guest rooms, a 3,600 square foot, four-bedroom historic home on the property, which was originally built in 1890, will be preserved and updated for guests to reserve.
The ground floor of the hotel is slated for a 5,000 square foot lobby and restaurant as well as a gear locker stocked with bikes, skateboards, scooters, cameras and other items that will all be available for guests to borrow and use as they explore Denver. Amenities will also include package delivery lockers and a guest storage area where repeat guests can leave often-used items. The hotel’s state of the art fitness center will feature a full complement of Peloton bikes, Peloton treadmills, water rowing machines, cross trainers, and free weights.
The rooftop will feature a stunning indoor bar with adjoining outdoor deck, complete with lounge seating and firepits, perfect for enjoying a beautiful Denver evening with friends and colleagues. The rooftop will also be home to an additional 3,300 square foot deck that will be dedicated to hosting corporate and social events. Rounding out the rooftop offerings will be two jacuzzi tubs and a beautiful area of green grass, perfect for morning yoga.
Denver-based architecture firm Shears Adkins Rockmore Architects (SA+R), known for its many residential, commercial, and hospitality spaces throughout the city, is leading the design of the building. General construction will be led by Katerra Construction, LLC and Farrington Construction Management. Guestroom interior design will be led by the award-winning DLR group, whose work includes countless properties in Denver and across the globe. Brand concept and design is being led by Portland-based OMFGCO, known for their internationally influential work in the hospitality space and beyond. Sage and their partners also plan to include a robust art program as well as events programming that will be open to both hotel guests and the public.
To learn more about Sage Hospitality and their exciting collection of independent hotels and restaurants, visit sagehospitality.com.
About Sage Hospitality
Denver-based Sage Hospitality was founded in 1984 and since continues to lead the hospitality industry in hotel and restaurant management as well as real estate investment. Sage is known for outstanding relationships with hotel brands and creating places that people want to go to, not through, including 10 unique restaurant concepts by Sage Restaurant Group and independent luxury properties by Sage Hotels. To learn more about Sage, visit http://www.sagehospitality.com.
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About Walnut Development Partners
Walnut Development Partners are focused on the development of well-located and unique commercial, hospitality and multi-family real estate opportunities. Partners’ past RiNo projects include co-development of the Source Hotel, 3501 Wazee Street and other notable food & beverage outlets. Other Colorado projects consist of development and redevelopment of over 2,000 mutli-family units. Principals of Walnut Development Partners include Chad Ellington, Anthony Loeffler and Jason Kaplan. http://www.walnutdev.com
About EXDO Development
EXDO (“Extended Downtown”) Development was among the initial stakeholders to lead the revitalization of Denver’s RiNo Art District from a low density, industrial warehouse district into one of the country’s most sought after real estate development opportunities. EXDO has joint-ventured or facilitated several of RiNo’s iconic projects, including The HUB – Home Advisor’s headquarters. EXDO also owns and operates the EXDO Event Center, home to Denver’s most versatile events. http://www.exdodev.com