Denver-based BMC Investments broke ground on a 140-key Hyatt House hotel at the Fitzsimons Medical Campus in Aurora, Colo. The hotel, to be managed by Vision Hospitality Group, will include 8,000 square feet of ground floor retail and restaurants.
“Fitzsimons is one of the fastest growing hospital campuses in the country and with the expansion of the UCH Hospital, the Veteran’s Center ramping up and continued growth of Children’s Hospital, there is significant demand for an extended-stay hotel,” Matt Joblon, CEO of BMC Investments, said in a statement. “We were inspired by the opportunity to provide families a comfortable place to retreat to while facing the challenges that can be presented when seeking medical attention for loved ones.”
The upcoming hotel will include apartment-style suites, a social lounge with a pool table and the H Bar, which will serve as a breakfast bar in the morning and a cocktail bar in the evening. According to Vision, the project marks one of the first opportunity-zone projects to break ground in the Denver metro area.
Vision Hospitality Group is a Chattanooga, Tenn.-based hotel management and development company. According to its website, the company's management portfolio consists of 50 open or in development properties.
“We are excited to renew our partnership with Hyatt and to continue our partnership with BMC through this venture,” Mitch Patel, president/CEO of Vision Hospitality Group, said in a statement. In addition to the upcoming Hyatt House, Vision Hospitality Group also manages the 170-room Moxy Denver Cherry Creek for BMC.
BMC Investments specializes in the development, acquisition and management of properties. Its total portfolio, including those it manages through its affiliate BLDG Management, consists of 8,500 apartments, more than 300 hotel rooms and several hundred thousand square feet of office space.