Development agreement

Northeast corner of Main Street and Centennial Way, Mesa County, CO

Agenda ReadyMesa 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

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
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

  1. Filed with jurisdiction
    2026-08-05
    24 days on record
  2. Scored by Bedrock
    Relevance 4 / 5
    Automated land-use signal
  3. Current status
    Agenda Ready
    Live municipal record
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