The New York-based coworking firm closed four of its nine Denver locations at the end of February.
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Shuttered WeWork space along Platte Street on the market for lease
Promenade Shops at Centerra listed for foreclosure at $84M
This marks the second time the shopping district has faced foreclosure. It was placed up for auction in 2009 and was acquired by a subsidiary of former lender KeyBank for $85 million.
Swedish electric car brand Polestar challenging Tesla in Cherry Creek
The company founded by Volvo filed permits to open a new vehicle showroom at 257 Fillmore St., one of 15 it plans to open in the U.S. in 2021.
Denargo Market landlord sued by WeWork files its own suit over bond
When WeWork signed lease after lease in Denver, landlords said the collateral would protect them if things went south. Now that thesis is being tested.
Colorado Coalition for the Homeless breaks ground on nine-story project
A key component of the Arapahoe Square development will be a 75-bed “recuperative care” facility that fills a gap in the healthcare continuum.
New owners giving 63-year-old Wheat Ridge shopping center ‘some love’
Quannah Partners and Outpost Investments are rebranding Paramount Heights Shopping Center as Gold’s Marketplace and spending millions on major renovations.
Stoney’s to open third pub in Denver along South Broadway
The landlord said the lease will let Stoney’s Cantina pay part of its rent as a portion of sales until COVID restrictions are removed.
McWhinney plans to push mixed-use as it pursues Foothills mall takeover
“People like to be in social settings, but the place has to be conducive to that. And over time, Foothills mall has lost the shopping experience and isn’t really what people are looking for anymore.”
With demand rising, Highlands bakery moving to bigger space in Berkeley
“We’re going to double pastry production and quadruple bread production,” said Bakery Four’s Shawn Bergin, who is taking the retail space in a new hotel.
Building permits 2.24.21
New buildings for $18.3 million at 2100 S. Josephine St. and $9.8 million at 625 Santa Fe Drive in Denver were the week’s top building permits.
