The 10-year old Belmar project is set for a residential development trifecta: a $45 million apartment complex, a senior living community and a for-sale townhome project. And the area’s first hotel on the horizon.
Burl Rolett
Burl Rolett was a BusinessDen reporter who covered commercial real estate and the business of sports until 2017. He is a graduate of Washington and Lee University. Email him at [email protected].
New owner upgrades Congress Park apartments
After buying an apartment tower for more than $7 million last year, a real estate firm is overhauling its 50 units – the first major upgrades in the 50-year-old building’s history.
Bose pulls the plug on Cherry Creek store
The electronics retailer has powered down its First Avenue store, leaving a 3,000-square-foot hole in the Cherry Creek shopping lineup.
Aurora gyro shop cooks up Colfax location
The boom in Chipotle-style restaurants is pushing an Aurora sandwich shop into Denver, and its owner already has plans to expand and eventually franchise the concept.
Vail to buy Australia’s biggest ski resort
The ski resort giant is making a $136 million buy into the Australian market with the purchase of Perisher – the country’s most popular ski destination.
Diner demolished to make way for grocer
A former Gunther Toody’s was razed last week as the site is converted into a Natural Grocers.
Better Business Bureau unloads office
The organization is getting out of the real estate business, selling its Cherokee Street space in favor of a larger leased office.
Urban storage firm to build atop old motel
With three locations and a fourth on the way, a local self storage company that focuses on city centers is pushing for a national expansion. It’s building a new facility on a motel property off of I-25.
Developer sells Highlands project for $32M
Just a year after opening, an apartment complex on Zuni Street has already changed hands to the tune of $32 million.
Office building changes hands for $26M
A 188,000-square-foot office building in the Denver suburbs sold earlier this month to an Arizona firm for $26.6 million.
