DENVER — The land has been secured for a hotel project planned in LoDo.
Newport Beach, California-based T2 Hospitality — which is currently constructing a hotel at the corner of 16th and Market — last week paid $3 million for the parking lot two blocks away at 1655 Blake St., according to public records.
The lot is 6,262 square feet, making the deal worth $479 square feet.
T2 did not respond to requests for comment. The lot represents about 40 percent of the site where the company has proposed an eight-story hotel. Materials submitted to the Lower Downtown Design Review Board in 2019 said the structure would have 177 rooms.
T2 purchased the remainder of the site — the 9,390-square-foot 1637 Blake St. parcel — back in 2018, paying $3.55 million. That site is also a parking lot.