BMC Investments and Vision Hospitality Group Break Ground on Hyatt House Denver/Aurora, CO

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USA, Denver, Colorado. October 17, 2019

Denver-based BMC Investments(BMC) in partnership with Chattanooga-based Vision Hospitality Group, Inc., has broken ground on a 140-key extended stay Hyatt House hotel at the Fitzsimons Medical Campus in Aurora, which will include 8,000 square feet of ground level retail. BMC acquired the property, which is located at the southeast corner of Colfax and Peoria - also known as the Gateway at Fitzsimons - in 2013. The project will be one of the first opportunity zone projects in the Denver metro area to break ground. The Hyatt House hotel will be managed by Vision Hospitality Group. The 8,000 square feet on the ground floor will focus on convenience retail and restaurants to further cater to the community.

"We are excited to renew our partnership with Hyatt and to continue our partnership with BMC through this venture," said Mitch Patel, President & CEO. "We aim to provide enhanced comfort and convenience for our guests no matter the duration of their stay. Hyatt House Denver/Aurora, CO will add a new upscale hotel offering to one of Colorado's most vibrant cities, providing guests close proximity to Fitzsimmons Medical Campus and Aurora's thriving business district."

"Fitzsimons is one of the fastest growing hospital campuses in the country and with the expansion of the UCH Hospital, the Veteran's Center ramping up and continued growth of Children's Hospital, there is significant demand for an extended stay hotel," said Matt Joblon, chief executive officer of BMC Investments. "We were inspired by the opportunity to provide families a comfortable place to retreat to while facing the challenges that can be presented when seeking medical attention for loved ones."

Known for its enhanced social spaces, the Hyatt House fosters an environment where guests feel connected, welcomed and at home. The hotel will reflect the sophisticated design of an urban residence and incorporate signature elements to deliver an upscale, extended stay experience. These comforts include apartment-style suites, an engaging social lounge with an oversized sectional and pool table, and the H Bar, a versatile island which converts from the breakfast bar in the morning to a cocktail bar in the evening.

"This Hyatt House project is a great example of our continued focus on growing premium hotels in strong markets, like Aurora," said Jim Tierney, senior vice president of development and owner relations, Hyatt Place and Hyatt House. "We're thrilled to team up with BMC Investments and Vision Hospitality Group on this hotel, which will provide a welcoming space for business and leisure travelers alike."