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by Michelle Z. Askeland
The Denver skyline is witnessing
the addition of several projects that
pair office properties with boutique
hotels. We spoke with develop-
ers and owners of three of these
projects – Dairy Block/Maven Hotel,
Union Tower West/Hotel Indigo Den-
ver Downtown, and A Block/Hotel
Born – to discover the intrinsic ben-
efits as well as the complications
these pairings add to a project.
While mixed-use projects are
nothing new and the convenience
of a hotel near an office property is
implicit, these projects offer a fresh
perspective. They are projects that
host the hotel and the office on
the same site and all benefit from
owners/developers who view their
respective properties holistically and
with a long-term mindset.
In order to maximize the added
value each use brings to the other, it
wasn’t enough to have the projects
in the same vicinity. No, instead,
the energy is created by building
one property that houses the two
uses, which these developers are
finding is difficult to replicate in a
standalone of either type.
“We knew that both uses would do
well on their own, but as we got fur-
ther along in the planning process,
we looked at the synergies between
having the two buildings really inter-
act together,” said Michael Everett,
chief investment officer with Sage
Andrew Bordwin Photography
Shared amenity spaces as well as hotel perks are two reasons why new Class AA office properties are pairing with boutique hotels. The Maven Hotel lobby at the Dairy Block is
connected to the office lobby and is designed to encourage office tenants as well as hotel visitors to use the space.
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