Search
 

Morreale To Transform Motel Along East Colfax

DENVER-Jesse Morreale, a former concert promoter and the co-owner of a nightclub and a restaurant, buys a seedy motel along East Colfax Avenue for about $2.2 million. Morreale plans to turn the motel into a trendy hot spot.

By John Rebchook | Updated on January 17, 2006

DENVER-Jesse Morreale, a former concert promoter and the co-owner of a nightclub and a restaurant, recently purchased a seedy motel better known as a haven for prostitutes, police complaints and drug deals, than as a trendy hot spot. But Morreale, a former partner with a concert promoter, Nobody in Particular Presents, who also is the co-owner of a nightclub and a restaurant, recently bought the motel along East Colfax Avenue.

City councilwoman Elbra Wedgeworth tells GlobeSt.com that over the years, the motel, formerly called the Executive Motel, has been a huge bane for the Denver Police Department.

However, the area around the hotel at Colfax and Milwaukee Street, which Morreale renamed as the All Inn, is becoming almost as trendy as LoDo, with about a half dozen restaurants in the area–including Mezcal, co-owned by Morreale, the $200-million redevelopment of the old Mercy Hospital site, and about two blocks from the St. Charles Town Co.’s redevelopment of the Lowenstein Theatre.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.