The firm purchased the 0.92-acre site in 2019 for $6.5 million, and it’s building 348 units with 14,000 square feet of retail and restaurant space.
Commercial Real Estate
Welcome to Business Den, your one-stop destination for all the latest and most important commercial real estate news from Denver. We are proud to offer a comprehensive and up-to-date collection of stories, articles, and insights that cover the Denver commercial real estate market in its entirety.
Subscribe to Business Den today and stay ahead of the curve.
McWhinney to break ground on 17-story 38th and Blake apartment building
‘Shark Tank’ donut maker has fourth location rising in Central Park
The owners of the Doughnut Club, which also has shops in RiNo, Lakewood and Fort Collins, want to have six of the sweet spots open by the end of the year.
New bar on Colfax Avenue scares up business from horror film fans
The owner of Horror Bar, which screens horror movies every night and serves cocktails inspired by the genre, expects his spooky venture to be a scream.
Denver’s tab to rent 800 hotel rooms for homeless hits $27M
Eight hotels have housed those at high risk or positive for the virus since last spring. The program has been federally-funded so far and may be extended.
The Future of Real Estate Taxes: Panelists discuss valuations, tax law changes
Higher property evaluations can be appealed but the repeal of the Gallagher Amendment “almost guarantees residential owners will pay higher taxes.”
Carvana pays $5.8M for site of planned Denver ‘car vending machine’
A seven-level glass tower dispensing vehicles will rise on 1.53 acres at 4700 E. Evans Ave. next to I-25 after the City Council rezoned it.
Owners of Cap Hill restaurant buildings drop demolition eligibility request
Three nearby residents filed a notice of intent to submit a landmark application last month that if approved would have prevented their destruction.
Apple to expand in Boulder
The exact location for Apple’s expanded Boulder operation was not immediately clear, but there are several options that could fit the company’s needs.
Developer scraps Golden Triangle office project and plans apartments instead
The city wants more non-residential development in the neighborhood south of downtown but Alpine Investments said there was too much “uncertainty in the office leasing market.”
Movie-centric car rental outfit parks museum inside Colorado Mills
A Hummer used in “Zombieland” is Zack Loffert’s daily driver. “I felt that the collection was hidden,” he said of his 60 vehicles that will be displayed starting May 15.
