Phelps Development

Wyndham Hotel - Denver Tech Center    Denver, CA

Wyndham Hotel

Project Description:

The Wyndham Hotel was done under a turnkey development / design-build contract between Phelps Development and Patriot American Reality for a complete hotel ready for operation. The hotel is constructed on a 9.3-acre site in the prestigious Denver Tech Center. The hotel is seven stories tall and includes a full service restaurant, laundry room, indoor pool, dividable ballroom and plush board room/meeting room.

Phelps Development was responsible for purchasing the land, getting the project entitled, obtaining the construction financing, managing the design process and overseeing the overall construction and fit-out of the hotel assuring that the project was completed on time and in strict accordance with the project budget.

Project Team:

Developer: Phelps Development
General Contractor: Hensel Phelps Construction Co.

Project Cost:

Total: $19,600,000

Financing Structure:

Financing was obtained via conventional financing through U.S. Bank. Phelps Development was responsible for obtaining the construction financing required for the project.