As part of a larger effort to build what is being called the Grove on Mainstreet in downtown Parker, Colorado, plans have been announced for the construction of a 51-room Lazlo Hotel.
The four-story structure will house 14,000 square feet of retail space, as well as a sports bar, steak and seafood restaurant, and tap room.
Project owner of the Lazlo Hotel is the capital markets and real estate investment group Jones Lang Lasalle Inc., which has offices in Denver.
JJL plans to spend nearly $16 million to build a hotel that will be designed to cater to upscale travelers and guests.
The hotel will go up in the Grove on Mainstreet district, a section of Parker’s downtown that was officially unveiled late last year and is expected to see the opening of retail and restaurant options adjacent to a public gathering space and outdoor plaza with a fire-pit.
The building of the Lazlo Hotel will be a part of the first-phase development and construction of the Grove on Mainstreet.
City officials say the hotel and multi-phase district is a sign of the explosive growth of Parker, located some 25 miles southeast of Denver, which has seen it population more than double from 24,500 in 2000 to just over 51,000 today.
By Garry Boulard
Get stories like these right to your inbox. Sign up for our newsletter