
The winning bid was $88.2 million, a 50 percent drop from the last time Denver Energy Center changed hands.
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The winning bid was $88.2 million, a 50 percent drop from the last time Denver Energy Center changed hands.
“Schnitzer West had an exceptional experience developing Civica Cherry Creek,” said an exec. The firm wants to add an eight-story building at 201 Fillmore St.
Brian Toerber plans to renovate and add on to the 63-year-old All In Motel, and turn it into a boutique hotel charging triple the current daily rate.
The developer plans to build five-to-seven-story buildings with about 85,000 square feet of ground-floor retail space topped by about 380 residential units.
“I was worried that someone was going to buy it, and it wasn’t going to be for the community anymore,” said Nora Baldwin. “So, I jumped on the purchase.”
A 20-unit condo building in Littleton for $2.4 million and a residential alteration in Denver for $2 million are the week’s top building permits.
“At some point it’s like pushing a boulder up a hill,” Asbury Provisions co-owner Chris Topham said of staffing and pandemic challenges.
“Right now, some days it feels like we’re running a moving company,” said Cole Chandler, founder and executive director of Colorado Village Collaborative.
The 19,112-square-foot structure at 1834 Blake St. dates to 1939. The buyer paid about $288 per square foot.
The buyer is a Denver developer with family ties to the restaurant’s leadership. The seller paid $13.8 million for it in 2015.
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