“Denver-based real estate company The Loft Brokers will redevelop the Melbourne International Hotel and Hostel in Arapahoe Square near Denver’s Five Points area, transforming the property into a mixed-use development.
The 10,756-square-foot building is currently in use as a hostel, bus station and retail location, but The Loft Brokers will convert it into offices, a wine bar and restaurant on the first floor and nine residential lofts on the second floor.
“People want to be close to everything, they want a lifestyle where they can hop on the train, walk to the hottest new restaurant or bike into the city,” said Amin Suliaman, principal of The Loft Brokers.”
Armbrister, Molly. Denver Business Journal 30 December 2014.