With the final contract extension, the city will have paid $16 million to lease the entire hotel from May 11, 2022, to July 31, 2023, according to city documents. That works out to about $13,500 per day.
Thomas Gounley
The Pipeline: Commercial real estate deals for 1.6.23
Habitat for Humanity buys a Denver industrial property, a Greenwood Village hotel sells and a 170,000-square-foot lease is signed in Aurora. Plus a ton more deals reported by local brokerages.
Dentists sink teeth into Colfax diner property with $2M buy
Today’s special at Pete’s Greek Town Cafe: No cavities.
Riverfront Park’s retail space fetches $12M in first sale since 2013
The space, which last sold in 2013, is located on the ground floor of three buildings at the base of the Millennium Bridge.
Coffee at the Point, still battling investor in court, won’t reopen
Owner Ryan Cobbins said the decision to pull the plug in Five Points was due to more than just a lawsuit filed by investment firm The Flyfisher Group.
McDonald’s, T.J. Maxx closing after decades on 16th Street Mall
McDonald’s had been at the corner of 16th and Cleveland Place since at least 1979.
11 major Denver office and hotel projects that broke ground in 2022
After a slowdown in 2020 and 2021, the construction of new office and hotel buildings rebounded last year as developers found it easier to get financing.
Italian furniture store taking seat in Cherry Creek
The company’s most unusual sofa resembles an infinity symbol and costs $22,100.
From Cherry Creek’s boom to Ball Arena’s future, top BusinessDen stories of 2022
Here are some of the top storylines of the year — and the things we’re wondering as 2023 begins.
These are the buildings that were named Denver city landmarks in 2022
A little bit of Cap Hill, Northeast Park Hill, Globeville and Golden Triangle history has been protected.