06/03/2026
A legendary Denver landmark is one step closer to its comeback.
Last night, Denver City Council approved a redevelopment agreement supporting the restoration and revival of the iconic Rossonian Hotel in Five Points through tax increment financing (TIF).
Once the heartbeat of Denver’s jazz scene, the Rossonian welcomed legends like Duke Ellington, Ella Fitzgerald and Billie Holiday. After sitting vacant for decades, this historic treasure is poised for a new era.
The $101 million redevelopment will restore the building while bringing 126 hotel rooms, a new restaurant, event space, public art and fresh energy to the Welton Corridor.
TIF helps make transformative projects like this possible by reinvesting a portion of the future tax revenue generated by redevelopment back into the project itself, helping offset the extraordinary costs of historic preservation and site improvements.
By helping bridge these funding gaps, DURA is proud to support projects that honor Denver’s history and encourage investment in neighborhoods across the city.
Read more from The Denver Post ⬇️
Denver City Council approves $15.5 million tax break for Rossonian Hotel development
The building, once called the Baxter Hotel, was a popular event space for jazz performances between the 1930s and 1950s.
05/26/2026
Hold on to your dreams. 💨
“Hope,” the art installation outside The Hattie McDaniel Building, represents resilience, renewal and opportunity. Positioned in front of the home of 62 permanently affordable condominiums, the piece reflects the strength of a community that has faced challenges and continues moving forward with determination and optimism.
Debuted during the Grand Opening celebration in April, Hope quickly became both the heart of the event and a lasting fixture for the neighborhood, reminding all who pass by that brighter futures are built through perseverance, vision and community.
Thank you to the team at Superior Iron Works for creating this inspiring piece and for helping bring The Hattie McDaniel to life!
Visit Hope in person at 29th & Welton, or learn more ⬇️
Superior Iron Works Part 2 "Hope"
We join the team from Superior Iron Works as they install their sculpture "Hope" in front of the new affordable housing construction, The Hattie McDaniel Bui...
04/20/2026
Shaping Denver’s future starts with investing in its people and places.
At the Bisnow Denver Metro Construction, Development & Design Summit, April, our Director of Community Investment, joined the panel What Defines the Mile High City? Designing Denver at a Turning Point, contributing to a conversation on creating distinctive, human-centered spaces that reflect Denver’s identity, foster connection and deliver long-term value.
Because the future of Denver is shaped by the intention behind every space we invest in.
04/16/2026
Denver’s Planning Board has unanimously recommended approval for the project to access Tax Increment Financing (TIF) — an important milestone that could help unlock funding for critical infrastructure and bring new life to this historic Five Points landmark.
This is just the beginning of the process, but it reflects continued momentum and a shared commitment to honoring the Rossonian’s legacy while investing in its future.
As DURA’s Interim Executive Director Bill Pruter shared, the development team has demonstrated a strong dedication to both the project and the surrounding community.
We’re excited to see this iconic space continue moving forward!
Read more:
Rossonian Hotel revitalization aims for tax-increment financing - Denver Business Journal
The long-awaited project in Denver's historic Five Points neighborhood is finally gaining momentum.