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The buyer plans to develop an 85-unit, eight-story building on 0.72 acres, making the deal worth $928 a square foot based on the land.
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The buyer plans to develop an 85-unit, eight-story building on 0.72 acres, making the deal worth $928 a square foot based on the land.
The Broncos QB dropped $25M in Cherry Hills Village. Mansions in Belcaro, Golden and Boulder ranged from $6.3 million to $7 million.
The owners of the half-acre property at 2000 N. Broadway want to replace the auto repair facility with a 25-story residential building.
The owner of the Nuggets and Avalanche has raised the prospect of altering a view plane to allow up to five million more square feet of development.
Jeff Barton of Denver-based River Rock Capital plans to redevelop the site into either apartments or an office building.
The billionaire owner of Denver’s NBA and NHL teams is already behind The River Mile, an adjacent 62-acre redevelopment project.
A rancher bought the lot and his wife “took the builder and the architect to see the ‘Magnificent Obsession’ movie 16 times, so that they got it right.”
The City Council will decide if the company can build multiple buildings of five to seven stories with ground-floor retail space topped by residential.
A Denver City Council committee OK’d an amendment to eliminate parking requirements for residential projects within a quarter-mile of transit corridors.
The 10-story, 261-unit project is the third in the Denver area by Charlotte-based Crescent Communities.
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