![Watson seeks to regain control of development firm after partial win in Amazon case 1 Watson fights Amazon lawsuit](https://staging.businessden.com/wp-content/uploads/2022/05/Watson-color-300x165.jpg)
For 17 months, the bank accounts of Watson and his company have been controlled by a court-appointed receiver, with whom he has repeatedly clashed.
For 17 months, the bank accounts of Watson and his company have been controlled by a court-appointed receiver, with whom he has repeatedly clashed.
A Solar energy firm leases office space downtown, an income-restricted housing developer pays $5M for land by Ruby Hill Park and a 265k sq. ft. industrial lease is signed.
Commercial property owners are seeing less of a change in valuations in the latest two-year cycle than residential property owners.
Denver decided last year not to renew a contract with the family that had operated Echo Lake Lodge beneath Mt. Evans for decades.
The project by Amacon would be 39 stories and Denver’s largest condo building by unit count.
“I think we have before us tonight an example of extraordinary,” one council member said.
Mike Mathieson now wants to build income-restricted units on the property. An ex-mayor is among those calling for preservation.
Castle Rock apartments sell for $67M, UCHealth buys a City Park West building and a 30k sq. ft. industrial lease is signed in Denver.
“Nothing in real estate is a sure thing. But Cherry Creek is something special to both of us,” said Dave Bracht, who has been friends with Frank Penn since the 1990s.
The property is within a largely industrial area, although Denver Water’s headquarters is within a couple blocks.
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