Case Study

Downtown Observation Tower Tourism & Market Study

Downtown Observation Tower Tourism & Market Study

Downtown Observation Tower Tourism & Market Study Denver, Colorado A full-service real estate development and brokerage retained Hunden Strategic Partners to analyze the market situation in the downtown to determine the likely attendance at a proposed observation tower located on one of the busiest pedestrian and tourist intersections in downtown. The observation tower is proposed to be part of a larger 100,000 square foot mixed-use development, which will include a full-service Hilton hotel and large office tower. HSP analyzed the local tourism market, potential competition for the observation deck, the iconic nature of the structure and the economic, demographic and real estate of the local market. The observatory business is often one of the most compelling real estate porti

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