As recently as December, Dirk McCuistion had given up on building apartments at his property along Lincoln Street.
Commercial Real Estate
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Height incentive may make redevelopment of Baker site feasible, owner says
In Arapahoe Square, a scorned lot sees a lawsuit from a failed buyer
2235 Arapahoe has been a vacant and collapsing industrial building, a failed ax-throwing location, a never-opened hostel, a biohazard, a homeless encampment and a victim of four fires.
Farbers target apartments for half-block parking lot downtown
Elevation Development Group paid $22 million for the site in 2017.
Omni Interlocken in Broomfield sues over $43M valuation, says it’s worth half that
The Omni was 43-percent occupied between mid-2021 and mid-2022, according to its appeal paperwork, or well below a market average of 58 percent.
The Pipeline: Commercial real estate deals for 9.8.23
A local developer sells 22 townhomes for $10M, an oil and gas firm subleases downtown space from a law firm and a restaurant leases in Greenwood Village for a third location.
Watson trial canceled as Amazon appeals dismissal of kickback case claims
“This once again confirms that Amazon’s strategy is a war of attrition,” the head of Northstar Commercial Partners said in a court filing.
Developer drops rezoning bid for Waldorf Astoria condos in Cherry Creek
The project is moving forward. But it’ll be limited to five stories.
The Pipeline: Commercial real estate deals for 9.1.23
Our weekly roundup of new sales and leases.
Can there be too many drive-thrus? One Colorado city is considering whether to impose a limit
Paul Haseman, a Golden council member, wondered at last week’s meeting if the city was putting its focus in the right place.
Owner to give DTC office building to lender following default
The building at 7100 E. Belleview Ave. was 48 percent leased as of July 31, with 8 percent of that on the sublease market.
