A crime scene has become a development opportunity.
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A crime scene has become a development opportunity.
It would replace the dilapidated warehouses at 1271 and 1275 Sherman St., which have not had “meaningful income or tenancy for more than 20 years.”
The current owners bought the property in 2010 for $2.2 million.
A 114-year-old home in North Park Hill is now free to be demolished, and a lawsuit filed this month is likely to be dismissed.
One is a decade old, while the other was built in 1923.
A Utah-based company bought the complex from Denver-based BMC Investments and California-based Oak Coast Properties.
Chicago-based Laramar Group added to its local holdings with the buy.
The Corner Chateau has a library built for the original owner’s 4,000-book collection, and a weathervane that depicts the man reading by candlelight.
The two companies are in unison, and apparently that’s a problem.
According to the listing broker, he’s drawing up plans for renovations that will take place before move-in.
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