The bar’s corner in the Berkeley neighborhood is set to be redeveloped into a three-story, 90-unit apartment project.
Brews and Booze
The 0.57-acre lot with about 18,000 square feet of building space on it at 3001 Walnut St. last sold in 2014 for $3 million.
“This is sort of a homecoming for me,” said a cofounder of New York-based Urban Cowboy, which operates three other hotels in the U.S.
Timberline Steaks & Grille, the state’s highest-grossing eatery, can’t serve alcohol for 30 days as punishment for serving beer to an underage police cadet.
The restaurateur bought the remaining five-year lease at 2400 W. 32nd Ave. from the pizzeria, which is moving two blocks south to 3000 Zuni St.
“Asana Partners was the logical buyer,” said a broker who represented the seller of a two-story structure and 0.18-acre lot at 1320 15th St.
Timberline Steaks and Grille at DIA was set to lose its license Thursday for selling beer to underage police cadets, but a judge granted a stay until July 25.
The development sites are two corners of the intersection, including the current home of Lowdown Brewery + Kitchen.
Boulder’s Upslope Brewing is accused of using the false promise of hydration to trick customers into buying its booze. The lawsuit is part of a growing trend.
“Diversifying in suburban areas outside of Denver seemed like the right move,” said co-owner James Blanchard.