Developer planning hotel pays $20M for land by RiNo’s Mission Ballroom

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Denver-based developer Westfield Co. has sold about 2 acres within its 14-acre North Wynkoop project, and the buyer plans to develop a mix of uses including a hotel.

Westfield sold the land at the southeast corner of Brighton Boulevard and 42nd Street to Hotel Wynkoop LLC.

Records show the purchasing entity is affiliated with Pebb Capital, an investment firm with offices in New York and Boca Raton, Florida.

Pebb Capital initially paid $4 million in December 2021 for a 0.45-acre parcel. It followed that up with another $15.5 million deal earlier this month to complete the 2.05-acre site. The land is kitty-corner from the Mission Ballroom concert venue that anchors the North Wynkoop project.

Pebb Capital didn’t respond to a request for comment, but a page on the firm’s website shows renderings of a planned North Wynkoop project. Westfield executive Kevin McClintock, who signed the sale paperwork, didn’t respond to multiple calls.

Pebb Capital's website shows a rendering for a planned building within the North Wynkoop project in RiNo. (Provided by Pebb Capital)
Pebb Capital’s website shows a rendering for a planned building within the North Wynkoop project in RiNo. (Provided by Pebb Capital)

Development plans submitted to the city this spring also link Hotel Wynkoop LLC to Miami-based Maxwelle Real Estate. A Maxwelle representative requested that questions be emailed, but the company then didn’t respond.

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