The only tenant in the former Burte Hotel is a pawn shop on the first floor. The 40 rooms on the second and third floors will be turned into 20 units for rent.
Apartment conversion planned as Broadway building sells for $3M
Matt Geiger
Matt Geiger covers commercial real estate and development for BusinessDen. He joined the newsroom in October 2023 after interning in the summer of 2022. He is a graduate of Ohio University.
El Rancho in Evergreen hits market ahead of foreclosure sale
The building off I-70 has been a restaurant for 75 years. But its latest version has devolved into lawsuits and a blame game.
Ace Hardware store in Baker going out of business after 16 years
Store owner Andy Carlson blamed the rising costs and an increase in crime. “In a good year, a top-tier hardware store like this could do 7 percent at the bottom, pre-tax net profit. We’ve been squeezed into below five.”
High inflation forcing Denver to raise minimum wage 9 percent in January
“For the majority of independent restaurants, if not all, this makes zero sense. And all it does is hurt them,” said restaurateur Juan Padro.
West Colfax homeowners displaced by fire sue contractor next door
A husband and wife who fled flames in the middle of the night claim that fencing was not adequate to keep out vagrants who lit the blaze.
City Council considers rezoning for RiNo lots 2 years after denial
Golub & Co. wants to build two apartment buildings on Denargo Street that could be as high as 16 stories and contain up to 800 units.
Denver construction site thefts surge
In the first half of 2022, there were 289 reported incidents of items being stolen. In the same time period in 2021, there were 212.
New eatery Taco Uprising rising in Five Points
“After a few visits and doing some research, we found that Five Points is a home for some of Denver’s most enticing and exciting foods,” said a cofounder.
Life after ‘Shark Tank’: Golf startup founders tee up exit as sales grow
Golfkicks’ on-air deal with Mark Cuban in 2019 fell through but the TV exposure boosted awareness of the brand and sales have been climbing each year.
Ace Eat Serve owner pays $5M for restaurant’s Uptown real estate
The seller was the Denver Housing Authority, which had owned the commercial building since 1982 but never converted it into housing.
