Hotel in Denver, purchased a year ago at $9M price tag for the unhoused, still not open

By Brandon Richard | Denver 7 News

A former hotel intended to house people experiencing homelessness has still not opened, more than a year after the city purchased it for $9 million.

Plans for the hotel pre-date the current Denver mayor.

In 2021, then-Mayor Michael Hancock stood in front of the Stay Inn hotel at 38th and Peoria and announced plans for the city buy the hotel and convert it into a shelter for people experiencing homelessness.

“This building here behind us represents hope, the transformation that can take place on this project and the transformation that is possible for the people who will call it home,” Hancock said at the time.

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