It’s one of three office conversion applications pending before the Downtown Development Authority.
It’s one of three office conversion applications pending before the Downtown Development Authority.
The region’s biggest buyer of office space on the cheap has closed another deal.
The deals involve $68 million in spending by the DDA, including funds for renovations and lease incentives.
The firm paid $291 million for the 22-story tower in 2022. It took out a $190 million loan.
The Colorado Coalition for the Homeless will buy the gym’s space.
The two out-of-state development firms bought the site for $38 million in 2020. It’s sat empty since.
Dan Huml’s Magnetic Capital and Garrett Baum’s Urban Frontier requested $7.5 million from the DDA.
A holistic health care organization has operated in the building.
The firm is leaving Republic Plaza.
RedT CEO Nathan Adams says $250,000 to $300,000 worth of materials were stolen from the site over the past 18 months.
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