By now you may have heard about the new Gaylord Rockies Resort and Convention Center that’s being developed in Aurora. If you haven’t, that’s okay! The center is slated to open late 2018. According to their website, “Gaylord Rockies will be the premier Colorado meeting and convention center hotel with sweeping views of the Rocky Mountain foothills.” The resort will sit on 85 acres of land just 10 minutes away from Denver International Airport. This will be Colorado’s largest Convention Center in the State. Let’s take a closer look.
The exhibition and meeting facilities will host over 485,000 square feet of flexible meeting, convention, outdoor, exhibit and pre-function space.
- The Exhibit Hall is 175,000 square feet
- Four ballrooms from 8,000 to 59,736 square feet
- Up to 81 technologically advanced breakout and conference rooms
- 20,000 square feet Aurora Patio
- Five outdoor event spaces
There are a total of 1,500 guest rooms, 110 of which are suites, and each features high-speed wireless Internet access, two phones, in-room coffee service, in-room safe, irons and ironing boards. The resort also features 8 restaurants, a full service spa and salon, indoor/outdoor pool, lazy river and lap pool as well as on-site shopping and boutiques.
So, is this good or bad for the Denver Metro Area and its businesses?
Yes, it is! The Convention Center and Hotel already has already booked 180,000 room nights and it’s not even open yet. According to an article from the Denver Post, “Eighty-eight percent of the room reservations were made by groups or businesses that had never booked in Colorado before.” That is incredible!
Additionally, “the Gaylord Rockies Resort and Convention Center is expected to create more than 10,000 construction jobs and 1,500 permanent jobs, attracting more than 450,000 net new visitors to the state each year.” This is good for both Denver and Aurora’s economy. So, what are the negatives to the build?
According to the same article from The Denver Post, “… the $800 million project has faced strong opposition centered on the $81.4 million in incentives the commission awarded Aurora for the hotel under the Regional Tourism Act in May 2012 and even larger public subsidies from Aurora.” They are concerned the project will deter business from Downtown hotels and restaurants.
No matter if you are for or against the Convention Center, it’s being built and it will inevitably draw more travel and tourism to the State, which in the long run is good for our economy.
As always, if you are thinking about planting roots in Colorado and want to buy, sell or invest in Real Estate, give us a call. We will be happy to talk you through your options.
Colorado Homes Connection