Holy Ground Tiny Homes, a nonprofit founded by a convicted fraudster, has taken their life savings and given them nothing, customers say.
The former Impressive Cleaners stores in Denver, Aurora and Centennial will be rebranded and join the three Tide locations that opened in Denver in 2019.
The retailer bought 75 acres in Aurora for $22 million and will spend a total of $172 million on the 919,000-square-foot facility.
The 250-foot-tall structure with 285 apartments would replace a pair of office buildings but keep Cherokee Row at 11th Avenue and Cherokee Street.
The only tenant in the former Burte Hotel is a pawn shop on the first floor. The 40 rooms on the second and third floors will be turned into 20 units for rent.
Store owner Andy Carlson blamed the rising costs and an increase in crime. “In a good year, a top-tier hardware store like this could do 7 percent at the bottom, pre-tax net profit. We’ve been squeezed into below five.”
The retailer leased a new industrial building at 6300 N. Broadway, where the nursery closed in 2019 after about six decades.
President Joe Biden visited a location in Washington, D.C., where the company was founded, shortly after his inauguration.
Construction of 85,000 square feet of retail topped with about 380 units in five- to seven-story buildings could start in the spring.
Denver-based Focus Property Group, which developed an adjacent hotel, has owned the property for more than a decade.