06/03/2026
A legendary Denver landmark is one step closer to its comeback.
Last night, Denver City Council approved a redevelopment agreement supporting the restoration and revival of the iconic Rossonian Hotel in Five Points through tax increment financing (TIF).
Once the heartbeat of Denver’s jazz scene, the Rossonian welcomed legends like Duke Ellington, Ella Fitzgerald and Billie Holiday. After sitting vacant for decades, this historic treasure is poised for a new era.
The $101 million redevelopment will restore the building while bringing 126 hotel rooms, a new restaurant, event space, public art and fresh energy to the Welton Corridor.
TIF helps make transformative projects like this possible by reinvesting a portion of the future tax revenue generated by redevelopment back into the project itself, helping offset the extraordinary costs of historic preservation and site improvements.
By helping bridge these funding gaps, DURA is proud to support projects that honor Denver’s history and encourage investment in neighborhoods across the city.
Read more from The Denver Post ⬇️
The building, once called the Baxter Hotel, was a popular event space for jazz performances between the 1930s and 1950s.