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.
Residential Real Estate
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April top home sales: Russell Wilson’s purchase exceeds No. 2 by $18M
The Broncos QB dropped $25M in Cherry Hills Village. Mansions in Belcaro, Golden and Boulder ranged from $6.3 million to $7 million.
Redevelopment planned for Firestone shop operating downtown since 1965
The owners of the half-acre property at 2000 N. Broadway want to replace the auto repair facility with a 25-story residential building.
Ball Arena redevelopment wouldn’t be first exempted from protected view
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.
Former Crazy Mountain Brewing building in Baker sells for $5.4M
Jeff Barton of Denver-based River Rock Capital plans to redevelop the site into either apartments or an office building.
Kroenke looks to redevelop 55 acres of parking lots around Ball Arena
The billionaire owner of Denver’s NBA and NHL teams is already behind The River Mile, an adjacent 62-acre redevelopment project.
Hilltop home inspired by 1935 film hits the market for $5M
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.”
Rezoning board backs Edens’ request for RiNo block after flurry of public input
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.
Parking exemption grows in proposed income-restricted housing mandate
A Denver City Council committee OK’d an amendment to eliminate parking requirements for residential projects within a quarter-mile of transit corridors.
Developer buys Uptown site of planned apartment complex for $11M
The 10-story, 261-unit project is the third in the Denver area by Charlotte-based Crescent Communities.