
The undeveloped property was sold by Denver-based development firm L.C. Fulenwider for about $244,000 per acre.
The undeveloped property was sold by Denver-based development firm L.C. Fulenwider for about $244,000 per acre.
The six-story building at 899 Logan St. is fully leased. It last sold in 2004 along with a nearby property for a combined $6.2 million.
“One of my stipulations when I buy these buildings is that they have nobody here,” said Alison Shunneson, who turns them into apartments. “And no furniture.”
AvalonBay’s seven-story, 222-unit residential project would replace a handful of retail buildings across from King Soopers.
The 0.29-acre site is back on the market for $11 million. The CEO of Bow River Capital paid $6.8 million for it in 2019.
A parking lot can become a building up to eight stories, but a deal limits the height to 102 feet and requires that the stadium’s field not be visible from the upper floors.
The head of Kiss Industries, Cole Evans, settled with Colorado’s AG over hand sanitizer misrepresentations in 2020.
“Lower Highland has a lot of residential,” said Chris Lonigro, whose Generation Development has specialized in building condos until now.
“We saw an opportunity to create a one-stop shop,” said Richard Randall, who co-founded Echelon Energy along with Jason Kosena.
The half-acre lot has been vacant for years. The upper floors will contain 44 residential units and the ground floor will have retail space.
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