Development agreement
Northeast corner of Main Street and Centennial Way, Mesa County, CO
4/ 5
High impact
Bedrock impact score
Action type
Development agreement
Asset class
Commercial
Status
Agenda Ready
Filed
2026-08-05
Jurisdiction
Mesa County, CO
Days on record
24 days
01Investment highlights
Why this deal matters
- Development agreement in Mesa County, CO · Commercial
- Bedrock impact score 4 of 5 — High impact
- City-backed government property improvement lease signals public land or financing support for a branded hotel
- A rare public-private structure that de-risks the deal and flags a hospitality opportunity competitors may not see on private-market searches.
- On the municipal record 24 days (filed 2026-08-05)
02Deal summary
The rationale
City-backed government property improvement lease signals public land or financing support for a branded hotel — a rare public-private structure that de-risks the deal and flags a hospitality opportunity competitors may not see on private-market searches.
Mesa County is approving a development agreement, government property improvement lease, and associated deal documents to facilitate the development of an AC Hotel by Marriott at the northeast corner of Main Street and Centennial Way (District 4).
03Deal facts
The filing record
- Jurisdiction
- Mesa County, CO
- Action type
- Development agreement
- Asset class
- Commercial
- File number
- #26-0747
- Applicant
- AC Hotel by Marriott
- Status
- Agenda Ready
- Filed
- 2026-08-05
- Days on record
- 24 days
04Location
Where this sits
Northeast corner of Main Street and Centennial Way, Mesa County, CO
39.01950, -108.46060 · approximate (jurisdiction center)
Area demographics
Mesa County
152,962
Population
$57,157
Median HH income
59,750
Households
$839
Median rent
U.S. Census · ACS 5-year
Nearby amenities
Within ~1 mile
1 Dining
1 Parks
Points of interest · Google Places
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-0524 days on record
- Scored by BedrockRelevance 4 / 5Automated land-use signal
- Current statusAgenda ReadyLive municipal record
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