Denver, CO
Denver buys Central Park hotel used as homeless shelter for $43M
The former Doubletree hotel at 4040 N. Quebec St. in Denver. (Google Street View)
The City of Denver has purchased a former hotel used as a homeless shelter after leasing it for a year.
The city closed on the purchase of the onetime Doubletree at 4040 N. Quebec St. last week, paying $43 million, according to public records.
Denver bought the 300-room property on the edge of the Central Park neighborhood from Rocky Mountain Communities, a nonprofit that bought it last November for $39 million, records show.
The nonprofit bought it with a deal with the city already in place: Denver would lease the hotel for $83,333 a month for up to 15 months, and have an option to purchase the property. The option called for the city to pay up to $43 million, with the monthly rent already paid credited toward the purchase price, according to previous BusinessDen reporting.
Lisa Lumley, the city’s director of real estate, told council members last year that the deal was structured that way because the city expected to receive a state grant that it would use for the purchase, but “We need to hold off on any real commitments until we receive our documents from the state.”
Derek Woodbury, spokesman for Denver’s Department of Housing Stability, said in an email this week that the purchase “ensures the sustainability of this property as needed shelter and a re-housing hub.”
“Thanks to State funds awarded to Denver through the Denver-Metro Regional Navigation Campus grant program, the site will also serve as a navigation center for people experiencing homelessness with walk-up services to include housing navigation, and physical and behavioral health care services,” Woodbury said.
The Salvation Army is managing the property until the end of this year as part of a $10 million contract approved in November.
The deal was one of several hotel purchases or leases by the city around the time that Mayor Mike Johnston assumed office and started an effort to reduce visible homelessness around Denver.
Prior to the purchase by Rocky Mountain Communities, the hotel last sold for $24.4 million in 2022. Speaking to BusinessDen last year, Rocky Mountain Communities CEO Mark Marshall characterized that deal as “kind of a fire sale.” He noted it occurred while the pandemic was still a lingering issue, and said it was part of a portfolio sale, when assets typically sell for less than they might have fetched if sold individually.
The Colorado Housing and Finance Authority, or CHFA, and the Urban Land Conservancy provided financing for the acquisition by Rocky Mountain Communities.
Denver, CO
Broncos designate LB Drew Sanders for return from injured reserve
Denver, CO
Broncos offensive line is the engine that drives offense
I’ve been covering the Denver Broncos for his entire career and I remember writing up some pretty harsh criticism of his play early on — especially in regards to holding penalties. I recall at one point he was committing holding penalties at a record-breaking rate. He was so far above the rest of the field that he’d break charts if anyone tried to chart it. The best part of that saga is that he never let the outside noise (from me and many others) get to him. He worked on his craft and he got better. And then got even better to the point where it is pretty clear that he is one of the best left tackles in all of football. He is going to go down as one of the best tackles in franchise history too when its all said and done. It’s a great comeback story.
All that said, he wasn’t the only one of the Broncos players on that offensive line to make an impact with guard Quinn Meinerz also being named a PFF All-Pro player. The whole offensive line has been dominant in nearly every category and is the main engine that has driven the offenses successes this season.
4) Denver Broncos
Team OLi Grade: 83.0
Best-Ranked OL: Garett Bolles, 89.0 (7th overall, 3rd position)
Worst-Ranked OL: Alex Palczewski, 63.5 (159th overall, 61st position)
And one more to complete the picture comes from Sharp Football Analysis who has the Broncos ranked fifth-overall in their NFL Offensive Line Stats:
There is so much evidence that shows the trenches on both side of the ball is what has brought the success of the 2025 Broncos. It’s an area that Sean Payton has said in the past is always an area of focus. He knows you don’t win consistently if your team is being dominated in the trenches.
Denver, CO
Here’s how the NFL typically handles the top seeded team’s Divisional Round schedule
As the number one seed in the AFC, the Denver Broncos could end up playing on either Saturday or Sunday. It all comes down to which teams win during Wild Card weekend.
Head Coach Sean Payton was asked about the potential Divisional Round schedule and he said nothing is finalized. However, the NFL has been known to follow a certain schedule that could end up with the Broncos playing on Saturday if either the Buffalo Bills or Los Angeles Chargers win on Sunday and they’d play the following Sunday only if they had to wait until Monday for the outcome of the Houston Texans and Pittsburgh Steelers game.
The other thing with that extra week off is about preparation. One of the better questions the media asked of Payton on Friday was whether or not they do more advanced scouting on potential opponents they have not yet played this season.
“Look, there are four options,” Payton said. “One is in the division. We’ve played one two years in a row—or it feels like that with Houston. Buffalo. We’ll break down kind of all four and then look at… We’ll have personnel reports on the four… You do have enough time to look at third down, look at personnel packages, study situational football. I think that’s pretty common when you look at playoff history. A lot of times, you end up with a division team sometimes in the first round. I know that’s happened a number of times over the years with me. It’s hard to gauge how these other games are going to go not having spent much time looking at New England. [We’ve] seen Jacksonville. It’s one of those where you just watch them. You’re working while you watch them. You’re working on each plan, and then you go from there.”
I came away feeling like Payton and the Broncos know two of their potential opponents fairly well. The other two will get some high level review, but nothing super deep as there just isn’t enough time. That is saved for this coming week when the opponent is finalized.
Payton and his staff have some great experience coaching in the playoffs, so this young Broncos team should be well-prepared for their football game.
Frankly, I like the idea of the Broncos getting their game out of the way early. Give Payton and his staff an extra day to begin the prep work needed for the AFC Championship game provided they come out with a win in the Divisional Round.
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