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COLORADO REAL ESTATE JOURNAL
— August 19-September 1, 2015
by John Rebchook
When a lot of people hear the
name “Starwood,” it would be
understandable if they think of
hotels.
After all, Starwood Hotels and
Resorts is the largest owner of
hotel units in the country.
But Starwood Capital Group
also is a big player in apartments.
In total, it has purchased 87,000
apartment units and condos
nationwide.
Most recently, Starwood paid
$93.1 million to the Holland Part-
ner Group for a metro Denver
portfolio.
The value-add portfolio includ-
Great Wolf Resorts Inc. is
expanding to Colorado.
North America’s largest
family of indoor water-park
resorts recently purchased
a partially constructed
hotel east of Interstate 25
and InterQuest Parkway in
northern Colorado Springs,
where it will finish work
on the property – which
has stood idle for nearly six
years – and build an adja-
cent water park.
Expected to open in late
2016, Great Wolf Lodge
Colorado Springs will fea-
ture more than 380,000
square feet of entertain-
ment offerings and lodging
amenities. The centerpiece
of the resort will be a more-
than-65,000-sf indoor water
park, including a five-story
funnel slide. Additionally,
the property will include
311 guest suites that can
accommodate at least six
people, a variety of din-
ing options and more than
20,000 sf of conference
space.
“We are so excited to
bring the Great Wolf Lodge
brand to Colorado," said
Kim Schaefer, CEO, Great
Wolf Resorts Inc. “The
addition of Great Wolf
Lodge Colorado Springs
will feature many of the
amenities and activities our
guests know and love, as
well as several experiences
new to our brand.”
Canterra at Fitzsimons was one of the apartment communities purchased
by Starwood.
This pool is one of the amenities at the 165-unit Silverbrook in Aurora.
Greater Denver
Jonathan Stern,
Publisher & Founder
Jennifer Hayes,
Editor
Jill Jamieson-Nichols,
Editor
John Rebchook,
Editor
Kris Oppermann Stern,
Editor
Michelle Askeland,
Special Sections Editor
Ryan Gager,
Special Sections Editor
Lori Golightly,
Director of Client Services
Jill Harris,
Circulation Manager
Production/Graphic Design:
Jennifer Steidley
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Vol. 24 No. 16
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