Mining Exchange happy with 4-Diamond status
The owner of the Mining Exchange Hotel said he transformed the 1901 exchange into the first full-service hotel downtown to be a 5 Diamond property. But, he’s happy with the 4 Diamond designation, for now. After a surprise on-site visit one month ago, AAA named the Mining Exchange a 4 Diamond property. Fewer than five [...]
Two iconic Colorado Springs businessmen have formed an unlikely duo that will launch both of their national expansions. Perry Sanders, who owns The Mining Exchange hotel and Springs Orleans restaurant downtown, partnered with Bobby Brown, a bail bondsman made famous for his role on A&E reality television series “Dog the Bounty Hunter.” The two formed [...]
Continue reading …The man behind the Mining Exchange, a downtown Wyndham Grand Hotel due to open this spring, stands to lose more than $200,000 he invested in a LandCo development-related project on South Union Boulevard unless he rescues it from foreclosure. First Citizens Bank and Trust filed a notice of election and demand against The Ridge at [...]
Continue reading …The recession might be coming to an end, but that doesn’t mean that we’ll see new buildings arise from long-vacant downtown parking lots anytime soon.
Continue reading …It’s taken four years and three different ownership groups, but the Mining Exchange building and its neighbors, the Freedom Telegraph, Independence and Municipal Utilities buildings, are ready to be transformed into a 150-room “boutique” hotel and conference center.
That is, as long as the city leaders approve key sales tax-sharing provisions.
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 [...]
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