The owner of Cherry Creek Plaza I and II bought them in March 2020.
The owner of Cherry Creek Plaza I and II bought them in March 2020.
The structure, historically a hub for jewelers, was floated as a possible hotel pre-COVID.
Historic Denver opposed demolition, but Pando had support from multiple neighbors, one of whom called a Tuesday meeting “Kafkaesque.”
The owner bought it for $420,000 in 2012, then took out $4 million in loans on it between 2018 and 2022.
An affiliate of developer Golub & Co. sold 2734 Walnut St. at a loss.
It’s the city’s first office groundbreaking of 2024.
It sold for $43 million in 2014, but a buyer this go around won’t inherit a tenant.
We scoured county foreclosure records, third-party reports and court filings to determine the downtown buildings that have run into trouble since the pandemic.
Gorman & Co. plans a five-story project on the site along Grant.
A receiver was appointed to oversee the building last month.
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