
Property Markets Group, which also owns the Denver7 block at the intersection of Speer and Lincoln, wants to put up a five-story building along 2nd Avenue.
Property Markets Group, which also owns the Denver7 block at the intersection of Speer and Lincoln, wants to put up a five-story building along 2nd Avenue.
The 1,100-room Hyatt Regency, valued before the pandemic at $296 million by the county, is now valued at $207 million — 30 percent less.
“Our lease has abruptly ended,” a note on the door reads. The pizza chain, which operated there since 2013, said its whole team has been relocated.
On the cusp of going public through a SPAC deal, the Denver company discloses its business operations and predicts almost $1 billion in revenue in 2025.
Steve Bachar spent lavishly on travel and dining in 2020, as well as a Country Club mansion, according to court documents.
RLJ Lodging Trust paid about $301,000 per room for the 170-room hotel, which opened in 2017 as the neighborhood’s cheaper lodging.
A building on one of the properties was home to Italian restaurant Piatti for 27 years until it closed last month.
With several new office buildings planned, 2022 might be a bit busier for groundbreakings.
Uchiko is a more casual Japanese concept than Uchi, which has operated in RiNo since 2018.
“We wouldn’t have bought downtown and we wouldn’t have bought in DTC,” said co-founder Brent Kline.
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