
Flight, on the Taxi campus at 3575 Ringsby Court, recently renewed its largest tenant.
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Flight, on the Taxi campus at 3575 Ringsby Court, recently renewed its largest tenant.
The deal paves the way for the region’s first post-pandemic office conversion.
If the city can’t approve the permit quick enough, it’ll refund $10,000 in fees back to the project developer.
“Everybody and their brother had been trying to buy it, and we felt like we needed a little more control of the situation.”
The property’s new buyer is a real estate broker and developer in Denver.
The onetime retail center, which became vacant over a decade ago and was demolished in 2018, is slated for a seven-building apartment community with 373 units.
The Hampton Inn property last sold for $19 million in 2019.
Denver Commercial Builders says Precision Contractors has thousands of its files, including for a job that would earn it $20 million.
The retailer will be an anchor for a 150-acre mixed-use development along Tower Road in Green Valley Ranch.
Twenty-five major Denver-area office properties are either outright owned by a lender or effectively controlled by one.
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