
Mainspring is just the third owner since it was built in 1928. The seller, nonprofit Women’s Bean Project, is moving to 1300 W. Alameda Ave.
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Mainspring is just the third owner since it was built in 1928. The seller, nonprofit Women’s Bean Project, is moving to 1300 W. Alameda Ave.
“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.
Denver-based Focus Property Group, which developed an adjacent hotel, has owned the property for more than a decade.
The seller was the Denver Housing Authority, which had owned the commercial building since 1982 but never converted it into housing.
Creative Density founder Craig Baute said he’d like to find a new location in the neighborhood, but availability is limited.
Travis McAfoos, co-owner of Alchemy coworking, and Nava Real Estate Development are planning a five-story building with 150 units.
“If there was a plague of locusts, I wouldn’t have been surprised,” said Miss Molly’s owner Shane Speciale of challenges he faced at 2600 E. Colfax Ave.
A new building for $14.4 million at 1557 N. Logan St. and a foundation for $8.5 million at 1900 S. Acoma St. in Denver were the week’s top building permits.
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.
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