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Wrecking ball meets Denver hotel
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Alpine Demolition began today to bring down a Denver landmark at Interstate 25 and East Hampden Avenue.
The hotel, built as a Marriott in 1974 and transformed to the Four Points by Sheraton Denver Southeast five years ago, is meeting the wrecking ball.
When the lease expired in 2008, Four Points owner Starwood Hotels & Resorts opted not to re-up. The property reverted to the hands of the landlord – the Gaiser family, a storied clan of developers with real estate holdings throughout the metro area.
The Gaisers had entered into a ground lease on the site with Marriott in 1974.
Now that Starwood has pulled out of the project, the Gaiser family needs to figure out the future of that prime piece of property.