“It even has a banana ripening room,” said the CEO of one of the two firms developing HighPoint Elevated.
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Across the city, “we have seen an increase in requests for the fences,” a fire department spokesman said.
Documents submitted to Denver last month refer to a “change in use” for the building, suggesting the theater will stop operating.
A 100,000-square-foot distribution center changes hands, and more sales and leases reported by local brokerages.
Seller Stephen Morris ran a print shop in the space for several decades.
The building’s owner defaulted on a $15.5 million loan issued in 2015 and set to mature in 2025.
The settlement relates to a case the CEO of Northstar Commercial Partners filed against Chicago-based IPI Partners over Amazon development deals.
“If we have multiple buyers, and one is a developer and one is a congregation, we’re always going to prefer a congregation,” the pastor said.
The company has already ceased operations in the two buildings.
Developer Mike Mathieson sued Denver in May after the City Council voted to preserve 1741 Gaylord St.