PMG, Hilton Announce the First Waldorf Astoria Residences in Colorado

DENVER – Today, national developer PMG and global hospitality company Hilton (NYSE: HLT) proudly announce the launch of Waldorf Astoria Residences Denver Cherry Creek. Located at 185 N Steele St., this exceptional condominium will mark the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Colorado market. Evoking the pioneering spirit and natural beauty of its captivating mountain backdrop, the boutique property’s 37 luxury residences will offer timeless elegance for every season, becoming a landmark in the charming locale of Cherry Creek North. The ground level will feature the legendary Waldorf Astoria Peacock Alley inspired lounge and a signature restaurant. Dawn Raymond of Kentwood Real Estate is leading sales for this project, which starts at $1.2 Million.

“The Greater Denver area is becoming a hub for upscale living and innovation, and we are confident the legacy and prestige of the Waldorf Astoria brand will fit well into both its existing fabric and the Cherry Creek neighborhood,” said Kevin Maloney, founder and CEO, PMG. “We look forward to debuting this new chapter of sophistication and impeccable hospitality to the region’s residents.”

“We are excited to once again partner with Hilton to expand our luxury residential portfolio and bring the first Waldorf Astoria-branded property to the state of Colorado,” said Ryan Shear, managing partner, PMG. “Hilton’s five-star excellence and experience in hospitality has been instrumental in executing our vision for Waldorf Astoria Residences Denver Cherry Creek. We could not be more honored to join them in adding to the rich culture of Cherry Creek.”

Known as the pioneer of elegant service and timeless luxury, Waldorf Astoria’s arrival in Colorado places Cherry Creek amongst some of the world's most elite neighborhoods. Waldorf Astoria is renowned for providing unforgettable experiences across the world, a tradition that strongly resonates with PMG’s core principles of creating innovative ways to offer a unique luxury living and lifestyle experience. The Residences marks the second luxury residential development between PMG and Hilton, including Waldorf Astoria Miami and Waldorf Astoria Residences Miami.

"We are thrilled to bring the iconic Waldorf Astoria brand to Colorado" said Dino Michael, senior vice president and global head, Luxury Brands, Hilton. "This project exemplifies our commitment to expanding our portfolio in sought-after destinations, joining more than 30 luxury branded residential properties trading or under development. The timeless elegance and unparalleled service synonymous with Waldorf Astoria will perfectly complement the vibrant Cherry Creek community, offering residents an extraordinary living experience that seamlessly blends luxury, comfort, and the natural beauty of the Rocky Mountains."

Concept design for the property is led by Denver-based Shears Adkins Rockmore (SAR+) in collaboration with renowned architect Carlos Ott. Award-winning interior design firm BAMO will incorporate elegant and streamlined design with dramatic accents and raw, yet refined materials inspired by the snow-capped Rockies.

Waldorf Astoria Residences Denver Cherry Creek will consist of fully finished luxury residences ranging from 1,350 square feet to 4,320 square feet. Each residence will feature stunning panoramic mountain and downtown views and luxurious finishes and appliances that craft an ambiance of unique character and refined elegance. These include custom gourmet Boffi kitchens, custom built-out closets and flooring selections curated by BAMO, Italian bathroom vanities with stone tops and Waterworks fixtures, fully integrated Sub-Zero and Wolf kitchen appliance packages, contemporary lighting packages, and smart home capabilities. A majority of residences will also include semi-private elevators and private balconies.

As an iconic brand synonymous with timeless luxury rooted in elegant service, Waldorf Astoria will deliver a personalized living experience like no other to Cherry Creek. This includes a legendary Peacock Alley-inspired lounge, a rooftop resort-style pool with bar and lounge areas, a wellness center with massage, his/her sauna, and steam rooms, and a signature restaurant. Additional amenities include a state-of-the-art fitness and movement studio, a curated lobby with an impressive porte-cochere drop-off experience, and dedicated electric vehicle charging stations.

With more than 32 years of experience and a nationwide presence in luxury residential development, PMG has delivered more than $12B in assets with impeccable attention to execution and detail. Notable current condominium projects by PMG include 111 West 57th Street in New York City, referred to as the Steinway Tower in Billionaire’s Row, and Waldorf Astoria Miami and Waldorf Astoria Residences Miami, which will rise as the tallest building south of Manhattan and Miami’s first supertall. Additional developments include E11EVEN Hotel & Residences & E11EVEN Residences Beyond, One Twenty Brickell Residences, One West Twelve Residences, West Eleventh Residences, and The Elser Hotel & Residences in Miami; Sage Intracoastal Residences in Fort Lauderdale; as well as One Park Sarasota and One Park Weston Florida’s west coast. PMG is additionally developing Society Denver as a part of its Society Living multifamily brand.

Waldorf Astoria Residences Denver Cherry Creek’s facilities will be managed by Hilton Management Services, offering residents a truly refined haven through the brand’s relentless commitment to personalized service and best-in-class experiences. For more information, please visit www.waresidencescherrycreek.com.