Market Overview

Inspirato Signs Lease for Prime LoDo Restaurant Space

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DENVER--(BUSINESS WIRE)--

Private, luxury destination club Inspirato announced today plans to take control of and transform the spacious, high-vaulted restaurant space that most recently housed Charlie Palmer's District Tavern on Wazee Street in lower downtown Denver into office and event space.

“We launched Inspirato in LoDo and are committed to staying in and contributing to the neighborhood as we grow,” explained Brent Handler, the company's founder and CEO. “The additional space will provide a hip, fun environment for our staff during the day, and a unique venue for private events at night.”

Inspirato will adjoin the new restaurant space with its existing office space immediately above, and accommodate all Colorado-based staff underneath one roof. The company's new lease also includes District Tavern's former sister restaurant, Wazee Wood Fire Pizza, as well as the never-before-occupied garden level. Inspirato plans to keep the pizza oven, as well as the Tavern's professional-grade kitchen and expansive bar.

Acquilano Leslie, the design firm that recently completed work on the innovative DaVita World Headquarters building, has been tapped to renovate the additional two floors for Inspirato. Work is scheduled to begin next month and is expected to be largely complete by the end of the year.

Prior to Charlie Palmer's restaurants, the space previously housed other notable restaurants, including Il Fornaio and Big Game.

“Being headquartered in a vibrant, exciting neighborhood like LoDo is a big part of Inspirato's culture,” said Handler. “We are really looking forward to utilizing this amazing space, with its kitchen and pizza oven, and creating a truly unique work environment.”

About Inspirato

Designed specifically for a new generation of luxury consumers, Inspirato offers the best of destination club consistency and service, together with unmatched value, flexibility and low-cost membership. Our members have access to an ever-growing portfolio of luxury homes in the world's top destinations, including California, the Caribbean, Colorado, France, Hawaii, Italy, London, Mexico, New York City and more. By leasing vacation properties (rather than owning), Inspirato is able to keep membership fees low, offer up to 50 percent off market rates, and easily add homes and destinations as demand increases. Our innovative business model has led to rapid growth since our January 2011 launch, placing Inspirato at the forefront of the "luxury for less" movement. Inspirato also publishes the “Inspirato Insights” vacation study, conducted on behalf of Inspirato by Harris Interactive. For more information about Inspirato, visit www.inspirato.com.

Inspirato
Katherine Davis Strauss, 303-884-6261
VP, Public Relations
kstrauss@inspirato.com


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