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Landlords will have to get their units inspected and that should generate business. But those already in the industry have questions.
Landlords will have to get their units inspected and that should generate business. But those already in the industry have questions.
“You look at South Gaylord, you look at Wash Park, it’s like, ‘Yes, this goes here,’ ” said a co-owner of Modern Bungalow of the 1028 Gaylord St. building.
The 93,000 students served by Denver Public Schools don’t have to go to the closest school, and parents can enroll them in others.
Competitors Bird and Spin have two weeks to get out.
The city announced a pending $7.85 million purchase of a hotel last week and it may issue a request for proposals in “the next few months” to find others.
Denver has identified parts of town that already have an “undue concentration” of such businesses. Applicants must also meet a “social equity” criteria.
The seller bought it for $751,000 in 2004 from the notorious Smaldone crime family, which made it a hub for gambling and bootlegging in the 1940s.
The 96-room property’s current owner had initially planned to convert the former Stay Inn at Peoria and I-70 into a Travelodge.
The city-owned venue, which made $52 million in 2019 and only $2 million in 2020 due to COVID, now charges acts a percentage of the door. It previously charged a flat nightly rental.
After unanimous approval, the measure heads to Mayor Michael Hancock’s desk. He “is not opposed,” a spokeswoman said, and will likely sign it into law.
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