The purchase of a 140-unit apartment complex in Thornton for $38.5 million was the week’s top sale.
The Pipeline: Commercial real estate deals for 12.10.21
Denver
Mediator recommends that Denver revoke Beta Nightclub’s licenses
The decision was based on evidence of violations provided by police who worked undercover and off-duty at the bar. The Department of Excise and Licenses director will have the final say.
Downtown office tower eyed for residential conversion
The owners of the 14-story Petroleum Building, which opened in 1957 at 110 16th St., submitted a concept plan to the city.
Developer seeks rezoning for five-story condo building in Five Points
The 94-unit complex would replace what is currently a parking lot at 2137 Glenarm Place.
285-unit apartment complex planned for full city block in RiNo
The proposed 3300 Blake St. project would top out at seven stories on the southern end of the block, and 12 stories on the northern end.
Block 162, McGregor Square sign new office tenants
Denver’s latest skyscraper landed a second law firm. Meanwhile, the mixed-use project across from Coors Field is filling up.
Denver swapping security contractor for city buildings, increasing staff
HHS told the state it’s laying off 94 employees, but they are expected to be offered jobs by new contract holder Securitas.
Health care chain zooms in on LoHi for second Denver location
ZoomCare also has clinics in LoDo, Boulder and Arvada but nixed the one planned for Capitol Hill.
Aviation-themed brewery landing in former Stapleton air control tower
FlyteCo, which opened in Berkeley in 2019, had “a once-in-a-lifetime opportunity” to grow the brand.
Building permits 12.8.21
Electrical and construction work for $18 million at 2601 N. Alcott St. and $6.8 million for a new building at 1190 S. Pennsylvania St. in Denver were the week’s top building permits.
