Jul 07, 2020
DENVER - The City and County of Denver has selected Hensel Phelps Construction Company as the design/build firm to carry out the Colorado Convention Center Expansion Project (CCCX) following an evaluation of proposals submitted by shortlisted firms this spring. The City will now enter into negotiations with the firm and expects to bring a contract for design/build services to Denver City Council for approval in the next couple of months.
The expansion of the Colorado Convention Center includes a new 80,000 square foot multipurpose room and outdoor rooftop terrace with sweeping views of the city skyline and mountains. On the ground floor, there will be lobby renovations. The improvements will serve the needs of modern day convention-goers and differentiate the facility from others, ensuring it remains an attractive and global competitor. When complete, the expansion will allow for an estimated 25 additional events per year, generating an additional $85 million in annual economic impact.
Already a huge economic driver for Denver, the design and construction of the expansion project is projected to:
The project, anticipated to be completed in late 2023, will expand one of the largest buildings in Denver, while ensuring it can continue to operate during construction and will play a key role in Denver’s economic recovery from the COVID-19 pandemic.
Funding for the expansion includes $104M from Measure 2C passed by voters in 2015 and $129M in Certificates of Participation (COP) issued in 2018, with repayment of the COPs derived from Tourism Improvement District revenues, a portion of the seat tax and excess revenues from the Convention Center Hotel.