Two Fort Collins hotels could be converted into multifamily housing – BizWest bizwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizwest.com Daily Mail and Mail on Sunday newspapers.
LONGMONT The Best Western Plus Plaza in Longmont, which has welcomed guests for nearly four decades, could be transformed into residential housing after this month’s sale of the 210-room inn to a developer specializing in transforming hotels into apartments.
Vivo Apt Longmont LLC, a subsidiary of California-based Vivo Living, bought the 39-year-old Best Western Plus Plaza Hotel at 1900 Ken Pratt Blvd. from CO Hotel LLC, an affiliate of Chester, Virginia.-based Shamin Hotels, for $15.4 million.
At the time, Shamin said it planned to renovate the hotel and the 36,000-square-foot Plaza Convention Center, which it had agreed to manage under a deal struck with owner Chernoff Boulder Properties LLC. But less than a year after taking over management duties,