Aurora leaders on Tuesday welcomed a $90 million hotel and conference center that they believe will serve the growing number of professionals coming to the University of Colorado Anschutz Medical Campus and be able to keep more group and board meetings of organizations within city limits.
The Hyatt Regency Aurora-Denver Conference Center, which officially opened March 28, features 249 rooms, 36,000 square feet of meeting space and a restaurant helmed by one of just four chefs to appear on the Food Network show “Beat Bobby Flay” and actually defeat the New York chef in a cooking contest.
Aurora officials invested $30 million as part of a public-private partnership with Corporex Realty & Investment LLC that will allow them to own and operate both the convention center on-site and a 500-space parking garage.
The new hotel sits just across East Colfax Avenue from the Anschutz campus, which is home to the University of Colorado Hospital, Children’s Hospital Colorado and University of Colorado School of Medicine.
The hotel is seeking to serve as a place to stay for visiting physicians, medical contractors and health-related conferences, said William Butler, Corporex's president. And it also may serve as a draw for business travelers or event organizers in the recently re-energized eastern side of the city.
“It is taking a chance in a way, but every new development is risk-taking,” Butler said after a short ribbon-cutting ceremony Tuesday. “I think we were motivated by the Anschutz Medical Campus people saying they wanted a first-class hotel out here.”