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Regency Realty Investors LLC, which bought the old Regency Hotel in Denver a few months ago, plans to redevelop the property as student housing.
The hotel is located off Interstate 25 at 3900 Elati St., near the Auraria Higher Education Center. The center houses branches of the University of Colorado at Denver, Metropolitan State College and Community College of Denver.
The property's new owner plans to build a 600-bed "luxury student housing community" using the 410-room hotel's existing buildings, according to Regency Realty. The hotel occupies 13.5 acres.
The company hopes to...