A new building for $47.7 million at 4552 S. Ulster St. and an alteration for $9.4 million at 2001 Blake St. in Denver are the week’s top building permits.
Building permits 9.28.22
News
Chase and FirstBank rise in annual FDIC local deposit rankings
Wells Fargo remained No. 1 with $29.2 billion in deposits, 23 percent of the metro area’s total. Chase had $19 billion and FirstBank had $17.7 billion.
New eatery replaces Cap Hill’s Park Tavern, which closed after 26 years
“The space and the rooftop patio really inspired the brand,” said a VP of the company that owns The Deck, a taphouse that also serves brunch.
Huckleberry Roasters to replace bakery on South Broadway
The announcement of the new Baker location comes on the heels of the coffee shop’s recent lease on Tennyson Street.
Ground-leased Cherry Creek retail property sells for first time in six decades
John Sheridan paid $1.9 million for the lot at 2826 E. 3rd Ave. The building on it will become his when the ground lease expires in 2031.
The Herd: New hires, departures and promotions 9.27.22
A real estate agency names a managing broker, a nonprofit CEO resigns, plus new faces in law, construction, health care and more.
Cycling apparel brand Pearl Izumi cuts staff, plans sale of Louisville headquarters
Pearl Izumi was purchased by United Sports Brands earlier this year. Remaining employees will either work remotely or move to California.
Evergreen’s El Rancho Brewing files for bankruptcy
The 75-year-old restaurant and watering hole has struggled financially this year, leading to closures, staffing shortages and infighting.
Packraft maker Kokopelli dives into paddleboard market with lightweight version
The Longmont company, which has been making ultralight packrafts and kayaks for a decade, will roll out its first inflatable SUP next spring.
GM Development pays $41M for former VA hospital campus in east Denver
The buyer, GM Development, has already brought new life to a condemned hostel in Uptown and a shuttered funeral home in Berkeley.
