
The block’s buildings are largely industrial in nature, but they appear poised for redevelopment.
The block’s buildings are largely industrial in nature, but they appear poised for redevelopment.
The firm, which increased its local profile when it purchased Larimer Square, has paid $11.3 million for Tennyson buildings over the last 20 months.
The 2.7 acres at 1300 40th St. is the first Denver property that Charlotte-based Crescent Communities has acquired, but it is already eyeing others.
The company will still have five coworking spots in the city, but it’s vacating about 230,000 square feet of office space.
News that a nonprofit planned to sell two-thirds of the LoHi garden prompted a backlash but it sold the property for $1.2 million anyway.
“It’s a nice amenity for the multifamily, especially as apartments get smaller,” said Ventana Capital CEO Darwin Horan.
The restaurant chain’s Denver location has been closed due to the pandemic since mid-March, and it argues one year from that is when it can legally leave.
The restaurateur and night club owner, who won a World Series of Poker bracelet, bought the home of the Sports Column and the Refinery for $5.2 million.
Despite the pandemic, the owner of Poke House said business “this winter has actually been better than last winter.”
Call it Kabin fever. The developer of the first phase — a four-story building at 2095 31st St. — wants to add four-story buildings on either side.
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