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Founder Pete Turner, who has run the regional burrito chain since 1995, is also getting ready to name a CEO.
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Founder Pete Turner, who has run the regional burrito chain since 1995, is also getting ready to name a CEO.
Legend Partners, which had been leasing space in the building it sold in 2019, found a more efficient space in University Hills.
The eight-story building, 10-story building and shared parking garage that comprise nearly a full city block last sold in 2014 for $75 million.
A nearby resident told a city mediator that performances at Number 38 made his house shake. But some expressed support for the business.
The eight-story Hub North was completed in 2020 and sold last year for $40.5 million with no leases in place.
Dan Landes sold the Uptown and Cap Hill vegetarian eateries years ago, but remained their landlord until this month.
“We try not to leave a studio alone when we enter a new market,” a company executive said of opening a sister studio in LoHi.
The Arvada-based firm’s $185 million project would take advantage of recent zoning changes that allow taller buildings in the neighborhood.
In addition to the civil lawsuit, there has been a seemingly parallel criminal investigation into the kickback scheme. No one has been charged.
The business closed when the pandemic hit. “We were kind of on an island there,” company president Bradd O’Brien said of the previous location.
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