Some neighbors pushed back on rezoning what the owner called “a very underutilized portion of a very sought-after neighborhood.”
The 1.2 million-square-foot facility will be the company’s largest plant in North America, with 500 employees, and replace an existing plant in RiNo.
The Northstar Commercial Partners owner is also battling a lawsuit filed by Amazon, and is accused of securities fraud by the SEC.
John Sheridan paid $1.9 million for the lot at 2826 E. 3rd Ave. The building on it will become his when the ground lease expires in 2031.
The buyer, GM Development, has already brought new life to a condemned hostel in Uptown and a shuttered funeral home in Berkeley.
A gargantuan roundup this week with gyms, law firms and ice cream shops leasing space along with downtown office deals and apartment sales.
A five-story, 123-unit complex is planned for the property, which was previously home to a tortilla factory.
Peter Niederman, who sold his brokerage to Berkshire Hathaway, has been buying domains since the 1990s. He sold LosAngeles.com for three times what he paid.
Antero Resources, currently based next to Union Station, has zeroed in on a planned office building at 201 Fillmore St.
A development plan by a family that owns multiple parking lots was discussed publicly before a pause in 2019. They met with the city last week.