Cow Palace

Local inn is renovated in Lamar

1301 N. Main St. Lamar, CO 81052

719-336-7753 | Visit Website

Doug Thrall had a vision for the Cow Palace Inn in Lamar, Colorado, that would take the 102 room, 94,000 square foot hotel and conference center back to its heyday of the 1970s. The hotel had gone into foreclosure, but with a $1,300,000 loan from a local lender, and owner invested funds of approximately $750,000, Doug, his wife Leianna, and two additional partners purchased the hotel in August 2011. A complete renovation of the entire complex is in process: from new furniture and flooring to a restoration of the atrium garden, pool, and deck.

Thrall will open an ice cream shop in the complex and has guaranteed that the Cow Palace “will be serving the best steaks and shakes in the State of Colorado.” He estimates that his new venture will create approximately 21 new positions in the area and retain 11 jobs.

Thrall wants everyone to know that the Cow Palace will not only host special events for patrons and convention attendees, he plans to sponsor events in the community that “are near and dear to our hearts.”

Thrall worked with the La Junta SBDC Director in La Junta, Colorado, in 2010 on another project. He contacted the Director again in June 2011 with his new dream. Thrall wrote a very complete and compelling business plan for the proposed purchase and renovations of the Cow Palace. He and the SBDC Director then took the plan to lenders in both La Junta and Lamar in an attempt to negotiate the very best loan terms. Thrall appreciates the services of the SBDC and the willingness of the SBDC to go to the lengths necessary to help ensure that all projects come to a successful conclusion.

“The SBDC Director made our life easy on this transaction."
Doug Thrall

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