Gaylord Entertainment executives have for more than a year said they are entertaining ideas and offers from various municipalities around the country to build their fifth resort. None of those talks had made it out into the open until this morning, when The Denver Post reported that the Nashville-based company may team with the National Western Stock Show to build a $1 billion entertainment complex in the northeast suburbs of Denver.
National Western officials are determined to keep the Denver address, but Gaylord does not want to be within the city and county boundary, said Jack Finlaw, chief of staff for Mayor Guillermo "Bill" Vidal.
"Denver doesn't have the ability to provide them with the kind of public financing for hotel development that they need," Finlaw said. "Aurora would provide Gaylord with TIF (tax-increment financing) and other public financing they would need."
Meanwhile, the city and county of Denver is willing to invest a maximum of $150 million in the new National Western Complex. How that deal would be structured has not been determined.
POSTDATA: WARRANTY DEEDS