
“With this application, we feel trapped,” said the station’s GM, who wants to sell the property to a developer and relocate to a bigger facility.
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“With this application, we feel trapped,” said the station’s GM, who wants to sell the property to a developer and relocate to a bigger facility.
Tributary Real Estate partner Bill Parkhill described the buy on Monday as “the final land purchase in the Giambrocco master plan.”
An attorney for JDL Federal, which owns the venue, said the pandemic and a legal battle with a pot shop subtenant led to the Chapter 11 filing.
The Denver-based retailer’s 5,000-square-foot spot in the Golden Triangle will be its first to feature “frictionless technology” that automates purchases.
The developer will demolish the existing structures on 30 acres and build several massive industrial buildings, according to plans submitted to Adams County.
The coffee shop, which has three other Denver locations, opened inside Realm in 2019 but never reopened after a pandemic shutdown.
“When this building came up, I kind of freaked out about the price. But I also knew that being on Broadway, it was just a dream for me,” said Vivi Gloriod.
The company paid $675,000 for the property in 2004 and its CEO said it needed the profits from the sale to offset the pandemic.
Most of the land is owned by the city, and will be developed in a public-private partnership with Milender White Construction.
A family of Denverites describing themselves as “newbies” plan to open TrashHawk Tavern in the former Alternation Brewing facility they bought for $750,000.
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