{"id":1004122734,"date":"2015-07-08T04:29:08","date_gmt":"2015-07-08T12:29:08","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=354768"},"modified":"2020-05-21T22:39:13","modified_gmt":"2020-05-22T06:39:13","slug":"mile-high-city-hotel-flies-the-coop","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mile-high-city-hotel-flies-the-coop\/","title":{"rendered":"Mile High City Hotel Flies the Coop"},"content":{"rendered":"

By Ioana Neamt, Associate Editor<\/em><\/p>\n

\"Element<\/a><\/p>\n

Element Denver Park Meadows lobby<\/em><\/p>\n<\/div>\n

An eco-friendly hotel just south of Denver has landed itself a new owner. Starwood Hotels & Resorts Worldwide Inc.<\/a> has sold the Element Denver Park Meadows<\/a> hotel to Denver Hospitality II LLC for $15.5 million.<\/p>\n

According to Adam Aron, Starwood\u2019s interim CEO, the transaction followed the recent sales of two of the brand\u2019s properties in The Luxury Collection\u2013The Phoenician in Scottsdale, Az. and The Gritti Palace in Venice, Italy. The sale of Element Denver Park Meadows, though smaller in scale, is part of Starwood\u2019s plans to achieve a stated goal of $800 million in hotel sales by the end of 2015.<\/p>\n

The environmentally-friendly hotel is located at 9985 Park Meadows Drive in Lone Tree, Colo. Guests staying at the hotel have easy access to downtown Denver via the nearby RTD light rail line. Additionally, the property is conveniently situated in close proximity to Denver Tech Center, Coors Field, The Colorado Convention Center and Sports Authority Field at Mile High.<\/p>\n

Amenities at the hotel include an indoor saline swimming pool, fitness center, 450 square feet of meeting space and an outdoor patio. \u201cGreen from the ground up,\u201d the Element Denver Park Meadows features carpeting made with recycled content, low-VOC paint, open layouts and large windows that maximize natural light, as well as Energy Star-certified kitchen appliances.<\/p>\n

Post-closing, the hotel will continue to be affiliated with Starwood, according to the news release. The Element by Westin<\/a> brand currently operates 46 hotels worldwide and intends to double its portfolio over the next two years.<\/p>\n

Image courtesy of Element by Westin<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

An eco-friendly hotel just south of Denver has landed itself a new owner<\/p>\n","protected":false},"author":192,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1587,21742],"tags":[],"class_list":["post-1004122734","post","type-post","status-publish","format-standard","hentry","category-denver","category-latest"],"acf":[],"yoast_head":"\nMile High City Hotel Flies the Coop - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/mile-high-city-hotel-flies-the-coop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mile High City Hotel Flies the Coop\" \/>\n<meta property=\"og:description\" content=\"An eco-friendly hotel just south of Denver has landed itself a new owner\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/mile-high-city-hotel-flies-the-coop\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-08T12:29:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-22T06:39:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/07\/Lobby.jpg\" \/>\n<meta name=\"author\" content=\"Ioana Neamt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mile-high-city-hotel-flies-the-coop\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mile-high-city-hotel-flies-the-coop\\\/\"},\"author\":{\"name\":\"Ioana Neamt\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"headline\":\"Mile High City Hotel Flies the Coop\",\"datePublished\":\"2015-07-08T12:29:08+00:00\",\"dateModified\":\"2020-05-22T06:39:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mile-high-city-hotel-flies-the-coop\\\/\"},\"wordCount\":272,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mile-high-city-hotel-flies-the-coop\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/07\\\/Lobby.jpg\",\"articleSection\":[\"Denver\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mile-high-city-hotel-flies-the-coop\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mile-high-city-hotel-flies-the-coop\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/mile-high-city-hotel-flies-the-coop\\\/\",\"name\":\"Mile High City Hotel Flies the Coop - 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