share_log

PMG, Hilton Announce the First Waldorf Astoria Residences in Colorado

Hilton ·  Oct 24 12:00
The 37 timeless residences located in Denver's sought after Cherry Creek North neighborhood will rise as Colorado's first Waldorf Astoria‐branded property

DENVER – Today, national developer PMG and global hospitality company Hilton (NYSE: HLT) proudly announce the launch of Waldorf Astoria Residences Denver Cherry Creek. Located at 185 N Steele St., this exceptional condominium will mark the debut of one of the world's most iconic hospitality brands, Waldorf Astoria, in the Colorado market. Evoking the pioneering spirit and natural beauty of its captivating mountain backdrop, the boutique property's 37 luxury residences will offer timeless elegance for every season, becoming a landmark in the charming locale of Cherry Creek North. The ground level will feature the legendary Waldorf Astoria Peacock Alley inspired lounge and a signature restaurant. Dawn Raymond of Kentwood Real Estate is leading sales for this project, which starts at $1.2 Million.

bigjpg
Waldorf Astoria Residences Denver Cherry Creek - Rooftop Lounge Rendering

"The Greater Denver area is becoming a hub for upscale living and innovation, and we are confident the legacy and prestige of the Waldorf Astoria brand will fit well into both its existing fabric and the Cherry Creek neighborhood," said Kevin Maloney, founder and CEO, PMG. "We look forward to debuting this new chapter of sophistication and impeccable hospitality to the region's residents."

"We are excited to once again partner with Hilton to expand our luxury residential portfolio and bring the first Waldorf Astoria-branded property to the state of Colorado," said Ryan Shear, managing partner, PMG. "Hilton's five-star excellence and experience in hospitality has been instrumental in executing our vision for Waldorf Astoria Residences Denver Cherry Creek. We could not be more honored to join them in adding to the rich culture of Cherry Creek."

Known as the pioneer of elegant service and timeless luxury, Waldorf Astoria's arrival in Colorado places Cherry Creek amongst some of the world's most elite neighborhoods. Waldorf Astoria is renowned for providing unforgettable experiences across the world, a tradition that strongly resonates with PMG's core principles of creating innovative ways to offer a unique luxury living and lifestyle experience. The Residences marks the second luxury residential development between PMG and Hilton, including Waldorf Astoria Miami and Waldorf Astoria Residences Miami.

"We are thrilled to bring the iconic Waldorf Astoria brand to Colorado" said Dino Michael, senior vice president and global head, Luxury Brands, Hilton. "This project exemplifies our commitment to expanding our portfolio in sought-after destinations, joining more than 30 luxury branded residential properties trading or under development. The timeless elegance and unparalleled service synonymous with Waldorf Astoria will perfectly complement the vibrant Cherry Creek community, offering residents an extraordinary living experience that seamlessly blends luxury, comfort, and the natural beauty of the Rocky Mountains."

"We are thrilled to bring the iconic Waldorf Astoria brand to Colorado. This project exemplifies our commitment to expanding our portfolio in sought-after destinations, joining more than 30 luxury branded residential properties trading or under development."

Dino Michael

Senior Vice President and Global Head, Luxury Brands, Hilton

Concept design for the property is led by Denver-based Shears Adkins Rockmore (SAR+) in collaboration with renowned architect Carlos Ott. Award-winning interior design firm BAMO will incorporate elegant and streamlined design with dramatic accents and raw, yet refined materials inspired by the snow-capped Rockies.

Waldorf Astoria Residences Denver Cherry Creek will consist of fully finished luxury residences ranging from 1,350 square feet to 4,320 square feet. Each residence will feature stunning panoramic mountain and downtown views and luxurious finishes and appliances that craft an ambiance of unique character and refined elegance. These include custom gourmet Boffi kitchens, custom built-out closets and flooring selections curated by BAMO, Italian bathroom vanities with stone tops and Waterworks fixtures, fully integrated Sub-Zero and Wolf kitchen appliance packages, contemporary lighting packages, and smart home capabilities. A majority of residences will also include semi-private elevators and private balconies.

bigjpg
Waldorf Astoria Residences Denver Cherry Creek - Exterior Rendering

As an iconic brand synonymous with timeless luxury rooted in elegant service, Waldorf Astoria will deliver a personalized living experience like no other to Cherry Creek. This includes a legendary Peacock Alley-inspired lounge, a rooftop resort-style pool with bar and lounge areas, a wellness center with massage, his/her sauna, and steam rooms, and a signature restaurant. Additional amenities include a state-of-the-art fitness and movement studio, a curated lobby with an impressive porte-cochere drop-off experience, and dedicated electric vehicle charging stations.

With more than 32 years of experience and a nationwide presence in luxury residential development, PMG has delivered more than $12B in assets with impeccable attention to execution and detail. Notable current condominium projects by PMG include 111 West 57th Street in New York City, referred to as the Steinway Tower in Billionaire's Row, and Waldorf Astoria Miami and Waldorf Astoria Residences Miami, which will rise as the tallest building south of Manhattan and Miami's first supertall. Additional developments include E11EVEN Hotel & Residences & E11EVEN Residences Beyond, One Twenty Brickell Residences, One West Twelve Residences, West Eleventh Residences, and The Elser Hotel & Residences in Miami; Sage Intracoastal Residences in Fort Lauderdale; as well as One Park Sarasota and One Park Weston Florida's west coast. PMG is additionally developing Society Denver as a part of its Society Living multifamily brand.

Waldorf Astoria Residences Denver Cherry Creek's facilities will be managed by Hilton Management Services, offering residents a truly refined haven through the brand's relentless commitment to personalized service and best-in-class experiences. For more information, please visit .

Media Contact

Levy Public Relationspmg@levypublicrelations.com

About Hilton

Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 8,300 properties and over 1.25 million rooms, in 138 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No.1 World's Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices for seven consecutive years. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 200 million Hilton Honors members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit stories.hilton.com for more information, and connect with Hilton on Facebook, X, LinkedIn, Instagram and YouTube.

About Waldorf Astoria Hotels & Resorts

Waldorf Astoria Hotels & Resorts is an award-winning portfolio of 34 iconic properties that create a unique sense of place with a relentless commitment to sincerely elegant service, one-of-a-kind experiences and culinary mastery in landmark destinations around the world. Inspired by their timeless environments, Waldorf Astoria hotels deliver an effortless experience seamlessly, creating a true sense of place for guests through stunning architecture, the famous Peacock Alley, refined art collections, Michelin-starred dining and elevated in-room amenities. In addition to the brand's world-class hotel offerings, Waldorf Astoria boasts a global residential portfolio that provides the comfort of a private home combined with unsurpassed amenities and high-touch service. Waldorf Astoria is part of Hilton, a leading global hospitality company. Experience an unforgettable stay at Waldorf Astoria Hotels & Resorts by booking at waldorfastoria.com or through the industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits. Learn more about Waldorf Astoria Hotels & Resorts at stories.hilton.com/waldorfastoria, and follow the brand on X and Instagram.

About PMG

Since 1991, Property Markets Group (PMG) has grown into a premier national investment, development, and asset management firm focused on large scale mixed-use residential projects. Today PMG is run by Managing Partners Ryan Shear and Dan Kaplan, currently operating across Florida, New York, Colorado, Tennessee, and Georgia. Their vertically integrated team has departments specializing in acquisitions and land use, design and architecture, construction management, capital markets, asset management, sales and marketing, as well as significant in-house legal and accounting capabilities.
PMG's current pipeline across pre-development, construction, lease-up, and sell-out totals more than 10,000 residential units and over 20 million square feet of development. Previously announced rental projects under the Society Living brand platform include locations in Denver, Nashville, Atlanta, Brooklyn, Orlando, Fort Lauderdale and Miami. Notable current condominium projects include 111 West 57th Street in New York City; E11EVEN Hotel & Residences & E11EVEN Residences Beyond, West Eleventh Residences, One Twenty Brickell Residences, Waldorf Astoria Hotel & Residences and The Elser Hotel & Residences in Miami; Sage Intracoastal in Fort Lauderdale, as well as One Park Sarasota and One Park West on Florida's west coast. PMG is additionally growing its affordable housing division nationally. For more information, visit propertymg.com.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment