Marriott to Build Gaylord Conference Center Hotel in Aurora, ColoradoFebruary 19, 2013
The Denver Business Journal is reporting that Marriott International will move ahead with its plan to a Gaylord hotel/conference center in Aurora, Colorado, that will maintain roughly the same size and scope of the originally proposed property.
Skip Noe told the Colorado Economic Development Commission that Marriott, which now operates the Gaylord hotels, is "actively engaged" with investors to proceed with what has been designed as a 1,500-room, $824 million project. A deal could be finalized as soon as the end of next month, Noe told the EDC.
Earlier in May, the EDC had approved as much as $81.4 million in state incentives to go to the project through its Regional Tourism Act program, believing the hotel would attract a bevy of new tourists to Colorado.
A number of downtown Denver leaders had protested the use of state tax money, in addition to roughly $300 million in promised incentives from the city of Aurora, saying that the project was getting a public subsidy to siphon guests away from privately funded downtown hotels.
Noe gave few details and said he does not know of any timeframe for construction. But he confirmed the project would be the fifth hotel under the Gaylord brand nationwide and that Marriott would be leading the effort.