The building has the potential for historic designation, largely due to its use for decades by Denver’s African-American community, according to city staff.
A tower crane recently was installed at the site, which Magna Hospitality purchased in March for $8 million.
The Irish pub has a lease that extends through June 2021.
One will largely mirror Sushi Sasa, while the other is a different concept.
The buyer is a veteran of two prominent development firms who has gone out on his own.
The current owner bought the property at a bankruptcy auction in 2016.
Newmark Knight Frank reports the following deals: Monaco South Owner LLC purchased the 220-unit Monaco South apartment complex at 2280 S. Monaco Pkwy. in Denver for $36 million from Westfield Income Partners XI LLLP. Shane Ozment, Terrance Hunt, Justin Hunt and Andrew Hellman represented the seller. Marble Partners and Lion Real Estate Group LLC purchased… Read more »
At 366,184 square feet, the deal works out to $170 a square foot.
The site is under contract to be sold by Buzz Geller’s Paradise Land Co.
The restaurant bearing the name of a country music star is expected to welcome patrons by opening day 2021.