Denver City and Business Leaders Fete the ART, a hotel Construction
Expect The Art, Denver’s newest hotel on 12th Avenue and Broadway, to go up quickly and be ready for guests in January 2015, executives with developer Corporex Cos. said Wednesday.
As if to reinforce the point, they didn’t even want to halt work on the site for even a couple of hours while city officials and business leaders participated in a ceremonial groundbreaking event, which took place on the fifth floor of the parking garage at the adjacent Denver Cultural Center/Museum Residences building.
“This is the next LoDo out here,” said Mark J. Witkiewicz, COO of Corporex Colorado LLC, a unit of Corporex Cos. of Covington, Ky. “There’s no question we’ll see a big resurgence with even more people here. It’s the south gateway to Denver.”
Haselden Construction LLC actually started moving dirt on the $55 million project earlier this month. (And actually moved a little dirt up to the ceremony in a wooden box so officials in hardhats and with ceremonial shovels could move it around.)
The Art will be a nine-story, 165-room contemporary-styled hotel with bottom floors filled with office space, allowing top-floor hotel guests great views.
“It’s the confluence of commerce, culture and hospitality wrapped into an iconic structure that will be a 100-year building,” said Paul Washington, City of Denver's Office of Economic Development's executive director.Corporex Colorado is developing the property with Lanny Martin, founder of Platte River Equity, and George Thorn, who partnered with Corporex to build the Museum Residences. The hotel was designed by Davis Partnership Architects.