CarLotz raised $300M when it went public in January with plans to expand nationally, but its stock price has trended downward ever since.
Commercial Real Estate
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Consignment-based used car retailer rolls into Denver market
Apartment developer pays $4.7M for White Fence Farm site
After the city of Lakewood was sued to gain approval, a 202-unit complex will go up on 7.36 acres. The 12,500-square-foot barn will become a clubhouse.
Prominent downtown parking lot on the market after selling for $17.5M in 2019
A developer made headlines in 2018 by proposing what would have been Denver’s tallest building at 650 17th St. The seller paid $699 a square foot for the 0.57-acre lot.
Two 400-foot towers planned by new owners of former Greyhound block
Golub & Co. and Rockefeller Group want to build a 38-story residential building and a 28-story office building on the 2.45-acre site at 1055 19th St.
Re/Max cuts size of DTC headquarters, embraces working from home
The company is going from nine floors to five at 5075 S. Syracuse St. and expects to regularly host about 280 of its 600 employees.
RiNo’s EXDO Event Center changes its name to lure more music acts
Musicians “want to play in a place with a cool name,” said the operator of ReelWorks Denver. The rebranded venue got $250K in upgrades during the pandemic.
Restaurateur cooking up fourth local food hall in Westminster
Mark Shaker, co-founder of Stanley Marketplace, Broadway Market and Golden Mill, plans to open Westminster Alley within the city’s downtown redevelopment.
Indiana donut chain’s second Colorado location rising in Aurora
Parlor Doughnuts, which launched in 2019, opened a Baker store in February. It sells “layered donuts” in 20 flavors made from croissant dough.
Sole sports bar in McGregor Square makes debut with 115 TV screens
Tom’s Watch Bar aims to serve the “next generation of sports fans” by showing many different events, including niche sports like ostrich racing.
Building permits 6.16.21
A $149.6 million addition to the Colorado Convention Center at 700 14th St. and a new building for $22.5 million at 2059 19th St. in Denver were the week’s top building permits.
