Magnetic Capital Leases Entirety of Recently Purchased RiNoDenver Building to F1 ® Arcade
Submitted by Paul Suter
The 15,700 square foot building in downtown Denver ’ s mecca for entertainment , retail and hospitality will be home to a Formula 1 racing and lifestyle experience
Staying true to their promise of bringing an “ experiential retail space ” to downtown Denver ’ s popular RiNo district , Magnetic Capital has fully leased their recently purchased building at 2734 Walnut Street to F1 ® Arcade , the world ’ s first Formula 1 experiential hospitality brand .
Magnetic Capital purchased the building in June 2024 with Trinity Investors , and along with F1 Arcade are transforming it into a venue that will feature 69 fullmotion simulators , an outdoor terrace , and an island bar . Guests will be welcomed to experience the bestinclass social racing experience and incredible hospitality , blending the Formula 1 ® lifestyle with a highenergy race atmosphere . The venue will also feature a private room , with a capacity of 100 , 12 additional simulators , and patio access .
“ RiNo continues to be one of the most dynamic neighborhoods of Denver and has proven itself as a mecca for retail , hospitality and entertainment , said Dan Huml of Magnetic Capital . “ The property features dynamic spaces with exposed ceilings and a beautiful barrel truss roof . The outdoor area is perfect for accommodating a spacious patio . Given the popularity of Formula 1 ® in the US , F1 ® Arcade will be an exciting addition to the RiNo Arts District that will blend well with the fabric of the neighborhood .” As a complement to the thrilling racing experience , F1 ® Arcade offers an elevated , globally inspired food and beverage menu , that will also highlight locally influenced dishes and more . Alongside its culinary offerings , F1 Arcade will serve an array of handcrafted signature cocktails and nonalcoholic “ designated driver ” drinks .
“ Experiential retail is a popular trend for people who want more activities than just dinner and drinks out with friends ,” added Huml . “ They want a place where they can have various options to hangout , have fun and spend more time at a single location . We ’ re excited to be partnering with Trinity Investors on this concept .”
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