By Spencer Kristensen , KDVR-TV, Denver | Colorado’s famous Stanley Hotel will experience some big changes after the Colorado Educational and Cultural Facilities Authority approved documents on Wednesday to issue bonds to fund the purchase of the property.
Last year, CECFA formed a subsidiary, SPACE, LLC., and worked with multiple entities to secure funding for the transaction. It worked with the Colorado Office of Economic Development and International Trade, which will use sales tax revenue from the Regional Tourism Act program to help pay the bonds.
CECFA also worked with the Colorado Film Commission, current owner and seller John Cullen, Blumhouse Productions, Sage Hospitality, investment bank RBC, attorneys from Sherman & Howard, Kutak Rock, Butler Snow, Spencer Fane, Saunders Construction, RevPar International and 4Site Advisors to invest in the bonds and help preserve the legacy of the hotel that holds such a legendary reputation.
> > > > > > > > >
This is an AWESOME story and event! Go here for more details:
https://www.msn.com/en-us/travel/news/stanley-hotel-to-be-bought-by-arts-and-education-organization/
The Stanley Hotel will always have a tethering connection to “The Shining,” the novel written by Stephen King and adapted into a film by Stanley Kubrick.
Photo: Stanley Hotel | Photo by Greg Wigler: Sunny day, so I brought out my digital infra red camera. I think the hotel is at least a half mile from where I shot the picture. At 200mm on an APS-C sensor the magnification is equal to a 320mm lens, which means just over 6X magnification. The image is sharp but my denoise program also took out the siding details in shadow areas. Oh well, enjoy…
https://www.facebook.com/photo.php?fbid=10159151722006549&set=t.100064569408608&type=3