
“I honestly don’t think people would be questioning the mill levy if they believed the BID was effective,” one board member said.
“I honestly don’t think people would be questioning the mill levy if they believed the BID was effective,” one board member said.
The reset of valuations just hit an eye-popping low. And the towers are already for sale again.
A receiver already oversees the property in the 1600 block of Market Street.
Liberty Media sold the building, which is in Douglas County next to its headquarters.
F1 Arcade will take over a building recently purchased by Denver-based Magnetic Capital.
Other prominent property owners think the mill levy should be reduced.
Toma West paid $30.5 million in 2014 for Park Place. Now, “any buyer would be less than $10m,” according to the company’s president.
CommonSpirit Health also bought land from Shea Properties, spending $62 million in all.
TTEC, formerly TeleTech, operated in the building for more than two decades.
Sunnyside Supper Club’s building has been on the market all year.
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