Finding a management team that shares the owners’ vision on a project such as converting the Mining Exchange and its neighboring buildings into a boutique hotel is not an easy task.
Anticipating that challenge, co-owner Perry Sanders hired Tyler Sherman, the former operations manager at Denver’s Hotel Teatro.
“We’ll begin marketing the hotel and conference facilities as soon as we get city approval (of sales tax sharing),” Sherman said.
The hotel, which is designed to accommodate as many as 200 overnight guests and several hundred for special events and meetings, hopes to set itself apart from its current downtown competitors by featuring what seasoned travelers consider ultimate amenities and services.
Sanders’ vision includes a hip downtown bar and lobby area rimmed by floor-to-ceiling windows — a place to see and be seen.
Guest rooms will include “standard” 3-foot by 6-foot travertine-enclosed showers with dual heads, private commode rooms and a noise-reducing antechamber between the bedroom and the door — which will lead to an artwork-filled hallway.
Plans call for 20 percent of all rooms to be suites, but even the smallest guest room will include luxury baths, leather-covered headboards and nightstands covered in 3-inch thick granite.
Patterned after the world’s small-but-most-luxuriously appointed properties — the Mining Exchange will not only provide shelter for the night, but will boast multiple restaurants and event areas for wedding receptions, corporate meetings and live music.
In a coup for live music lovers, the owners secured a lease-with-option on the art deco-inspired Municipal Utilities building. In addition to its potential as a conference center for groups of up to 500 people, the 30,000-square-foot structure includes a full stage and “green room,” with room for additional guest suites.
Nightclub owners Sam and Kathy Guadagnoli have leased ground-floor space in the Independence building for a comedy club, complete with an upscale bar and exposed brick walls.
Vice Mayor Larry Small said that new leisure options, in addition to existing nightclubs, will be a boon for the city.
“Redevelopment of downtown is very expensive with all the existing infrastructure, utilities and fire code concerns,” he said. “And they’re already contributing, just by paying sales tax on the building materials they’re using. We don’t have a lot of construction-related sales tax right now. I think it has potential to be a real shot in the arm for the local economy.”