The buyer is a Denver homebuilder that plans to scrape the ’70s-era structure and construct two duplexes on the large lot.
Residential Real Estate
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Avalanche defenseman Erik Johnson upgrades in Cherry Hills home swap
The Avs player $7.2 million for his new home, and sold the seller his previous one for $3.2 million.
Owner of now-empty Union Station apartment building sues builder
Shorenstein’s lawsuit in Denver District Court alleges Saunders used the wrong materials when it built The Grand’s water systems, leading to 33 leaks and “large-scale floods.”
West Colfax homeowners displaced by fire sue contractor next door
A husband and wife who fled flames in the middle of the night claim that fencing was not adequate to keep out vagrants who lit the blaze.
Apartment developers pay $20M for hotel, Perkins site at I-25, Colorado
The planned complex will have 300 units and be five stories high, much shorter than the nine stories originally proposed.
Centennial builder files for bankruptcy on Parker hotel project
Colorado World Resorts and its owners have a recent history of stalled projects, including a planned condo complex in Avon.
Edens closes RiNo land deal; sets stage for residential redevelopment
Construction of 85,000 square feet of retail topped with about 380 units in five- to seven-story buildings could start in the spring.
Bookseller’s $6M Boulder mansion topped region’s home sales in July
Two homes in Greenwood Village and two in Denver each between $4.9 million and $6 million rounded out the top five.
City Council considers rezoning for RiNo lots 2 years after denial
Golub & Co. wants to build two apartment buildings on Denargo Street that could be as high as 16 stories and contain up to 800 units.
Homebuilder mired in lawsuits files for bankruptcy
TM Grace Builders claims a 2020 lawsuit, combined with the pandemic, crushed the company. It has been sued several times since then.