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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.
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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.
“Lower Highland has a lot of residential,” said Chris Lonigro, whose Generation Development has specialized in building condos until now.
The third partner in breakfast spot Fox and The Hen is Michael Fox, who owns a wholesale breakfast burrito business.
“I think it has this magic of being a very nostalgic, retro treat,” said Natalie Slevin of her pastry. “The fact that it’s vegan makes it a little more special.”
The seller was BPRE Interlocken Holdings, an affiliate of Vancouver, Canada-based private equity firm Balfour Pacific Capital Inc.
“It was a risk. But if you’re in the restaurant business, you’re in the business of risk,” said Rio Grande’s owner, who bought the new real estate last year.
Craig Caldwell is 74 but he likes to keep busy. He’s getting ready to open another eatery, a burger and pizza joint called Troutdale Tavern.
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.
Some of the 200 tenants displaced when the Adams County facility closed last year landed at a coworking space opened by Denver-based Thrive Workplace.
The deal had been in the works for 4 years.
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