The 1,500-room hotel and convention center located less than 10 minutes from the Denver International Airport and 25 minutes from downtown Denver is expected to begin operations in the fourth quarter of this year.

Because this onerous European legislation is far reaching and does have an impact on US commercial real estate.

Properties such as The James have recorded near double digit year-over-year rent growth due to the large disparity between rents in downtown and suburbs as renters desire higher-quality units near jobs.