
The changes add $1 million to construction costs, Kenneth Monfort said.
The changes add $1 million to construction costs, Kenneth Monfort said.
Expansive also owns a downtown Denver office tower that is in foreclosure.
Over 150 BusinessDen readers joined us for our apartment-focused event last week.
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.
Update your browser to view this website correctly. Update my browser now