A new building for $47.7 million at 4552 S. Ulster St. and an alteration for $9.4 million at 2001 Blake St. in Denver are the week’s top building permits.
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Building permits 9.28.22
New eatery replaces Cap Hill’s Park Tavern, which closed after 26 years
“The space and the rooftop patio really inspired the brand,” said a VP of the company that owns The Deck, a taphouse that also serves brunch.
Huckleberry Roasters to replace bakery on South Broadway
The announcement of the new Baker location comes on the heels of the coffee shop’s recent lease on Tennyson Street.
Ground-leased Cherry Creek retail property sells for first time in six decades
John Sheridan paid $1.9 million for the lot at 2826 E. 3rd Ave. The building on it will become his when the ground lease expires in 2031.
Cycling apparel brand Pearl Izumi cuts staff, plans sale of Louisville headquarters
Pearl Izumi was purchased by United Sports Brands earlier this year. Remaining employees will either work remotely or move to California.
Evergreen’s El Rancho Brewing files for bankruptcy
The 75-year-old restaurant and watering hole has struggled financially this year, leading to closures, staffing shortages and infighting.
GM Development pays $41M for former VA hospital campus in east Denver
The buyer, GM Development, has already brought new life to a condemned hostel in Uptown and a shuttered funeral home in Berkeley.
The Pipeline: Commercial real estate roundup for 9.23.22
A gargantuan roundup this week with gyms, law firms and ice cream shops leasing space along with downtown office deals and apartment sales.
Appeals court agrees Gaylord Rockies worth $400M more than owner claimed
The owner of the massive 1,500-room resort near DIA argued the property should be valued at $270 million.
Superior residents sue town, trustees, developer of controversial Town Square project
Coal Creek will include four buildings totaling more than 366,000 square feet. The project is expected to break ground early next year with completion expected in the second half of 2024.
