After a California firm backed away from a residential redevelopment project at a Cap Hill church property, another developer stepped in last month and bought the building with similar plans in the works.
Commercial Real Estate
Just a few years after failing to land the kidney health giant’s massive HQ deal, a local developer is planning a 19-story building in Union Station to be anchored by DaVita, which will add 265,000 square feet and 1,200 employees to its Denver operations.
The fate of a 1-acre lot at Union Station that sold for $20 million in August was revealed last week, and its developers are planning a 21-story building of for-sale condos.
When the property’s anchor tenant left a gaping vacancy this summer, a real estate firm on a buying streak jumped on the opportunity and is now looking to refill the four-floor hole.
Stepping away from tiny apartments and small townhomes, a developer is planning to add some five-bedroom houses in Curtis Park priced at $800,000.
A 350-unit apartment complex in Aurora changed hands last month after a major renovation that boosted the sale price by $19 million in less than three years.
The bookstore at the Pavilions shopping center will come to an end later this year to make way for a Japanese fashion brand’s 27,000-square-foot Colorado debut.
The nearly 300-unit apartment building on Ninth Avenue was sold last month to a local real estate firm that just debuted a new RiNo project and has a hand in another massive tower on Broadway.
The firm behind two new Natural Grocers sites has inked another deal – this time a $3.75 million buy of a lot on Brighton Boulevard in RiNo.
A developer has scooped up 2.5 acres in RiNo next to a light rail station and plans to break ground on a mixed-use project at the site next year.