Continuum Partners plans $98M mixed-used Denver hotel for 2015

Denver-based Continuum Partners is planning a $98 million mixed-use project In Denver, Colo., that will include a hotel, office building and underground parking for 200 vehicles. The company expects to break ground in June and be done with the project by November 2015.

The hotel will have two front doors — one on 16th Street and the other on the commuter-train platform at Union Station. The 200-room hotel will include 8,300 square feet of meeting space, street-level and rooftop patios and room for two local restaurants.

The office building is scaled to allow smaller tenants to lease an entire floor, approximately 12,300-square feet.

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The announcement comes three weeks after Continuum said it had paid $30 million for the University of Colorado's former Health Sciences Center at Ninth Avenue and Colorado Boulevard. Continuum, led by CEO and founder Mark Falcone, plans to redevelop the nearly 26-acre campus into a pedestrian-scaled mixed-use neighborhood that includes apartments, condos and townhouses.

Continuum Partners is a partner in Union Station Neighborhood Co., the master developers of Union Station.