BusinessDen is a local business news website covering startups, commercial real estate, outdoor/tourism, and more in Denver.
BusinessDen
Recent Articles
-
Shake Shack to open in second Denver neighborhood
DENVER — Shake Shack is coming to Cherry Creek. The New York-based burger chain, which operates locally in RiNo and Highlands Ranch, is set to take a portion of the ground-floor retail space in the recently completed office building at 260 N. Josephine St., according to multiple sources. Shake Shack did not respond to requests for comment. Brent Farber of Denver-based Elevation Development Group, the company behind the building branded 260 North, also did not return a voicemail and emails. Shake […]
-
12-story hotel proposed along RiNo’s Brighton Boulevard
DENVER — The Source Hotel could be getting more company along Brighton Boulevard. Matt Maley, principal with Littleton-based Alliance Investments, submitted an early-stage development proposal known as a “project concept” to the city last week, proposing a 12-story hotel at 3660 Brighton Blvd. The 0.43-acre site is currently home to a 10,000-square-foot industrial facility used by auto body shop Premier Collision Center and RX Fabrication, which manufactures ramps for ambulances. Office building Rev360, which has lured WeWork as a tenant, is […]
-
Coors signs local distribution deal for CBD-infused beverage line
DENVER– Shae Whitney and her husband Brady Becker didn’t intend for their bitters business to make a mark in the cannabis industry. But eight years after the couple launched Dram Apothecary, its two beverage lines — one of which is infused with CBD, a non-psychoactive ingredient in cannabis — were picked up by Denver-based Coors Distributing Co., marking one of the distributor’s first moves into the CBD sector. The deal, which went into effect last week, means Dram’s line of […]
-
Lot in Union Station North sells for $12M to developer planning more apartments
DENVER — One of the few parcels in Union Station North that hasn’t already been redeveloped has sold to a company planning to bring more apartments to the heavily residential neighborhood. Chicago-based developer CA Ventures paid $12 million last week for the 0.89-acre 2980 Huron St. parcel, according to public records. That works out to $308 a square foot for the land. The property has a 31,875-square-foot warehouse on it. Broker Patrick Henry, who represented the buyer and seller in […]
-
Former oil exec lists Cherry Creek mansion for $4.2M
DENVER — A former oil executive is looking to unload his Cherry Creek North home. McAndrew Rudisill, former CEO of Denver-based Emerald Oil Inc., and his wife Alexis have listed their 7,700-square-foot mansion at 425 Monroe St. for sale at $4.18 million. The couple moved to Denver in 2013 from Manhattan’s Upper East Side, according to a 5280 feature on the home’s interior design. In New York, McAndrew founded the investment firm Pelagic Capital Advisors. In Denver, he served as CEO of […]
-
Denver council members reject pitch to make it harder to designate a building as a landmark
DENVER– A Denver councilwoman’s proposal that would have made it harder for the city to designate a building as a landmark against the owner’s wishes failed to gain traction with her colleagues. On Tuesday, members of council’s Land Use, Transportation and Infrastructure Committee voted 4-2 to reject a delay proposed by Councilwoman Kendra Black that would have allowed rules to be written to require a supermajority of council members, instead of a simple majority, to approve so-called owner-opposed or hostile […]
-
Developer under contract to buy land from Great Divide Brewing in RiNo
DENVER — The developer behind LoDo’s Dairy Block is under contract to purchase land adjacent to Great Divide Brewing Co.’s facility in RiNo. David Jaudes, vice president of multifamily development for Denver-based McWhinney, confirmed Monday the company hopes to build a mixed-use project on 2.4 acres along Brighton Boulevard south of the brewery. The land, which is owned by Great Divide, is now used for parking. McWhinney and Great Divide have asked the city to rezone the property. It is […]
-
Cherry Creek Athletic Club sold to national chain
GLENDALE, Colo. — Cherry Creek Athletic Club is under new ownership. Minnesota-based chain Life Time purchased the health club at 500 S. Cherry St. in Glendale — a short distance from Cherry Creek proper — in a deal that closed Thursday, according to an email sent to members. Life Time took over operations on Friday. The sale is the second major development of 2019 in the Cherry Creek-area health club market. Pura Vida closed its location at 2955 E. First Ave. […]
-
361-unit apartment complex proposed at I-25/Evans interchange
DENVER — The first plans are in for a large site assembled by a single developer at the I-25/Evans Avenue interchange. Flywheel Capital owns the full city block bounded by Evans and Warren avenues, and Clermont and Cherry streets, as well as the triangular block along I-25 to the east. The company paid $13.5 million for the bulk of the site last October, then filled in the gaps with $600,000 and $1.15 million purchases in January and April, respectively. In all, according […]
-
Photo Gallery: 41st-floor condo in downtown Four Seasons building sells for more than $5 million
DENVER– A condo unit on the 41st floor of the Four Seasons building downtown sold last month for $5.53 million, locking down the title of priciest August home sale in the Denver metro area. Public records show that 1133 14th Street, Unit 4100, sold Aug. 15 to health care entrepreneur and philanthropist Rob Salazar. The three-bed condo had been on the market since October 2018, originally asking $6.25 million. The 45-story Four Seasons building is Denver’s tallest residential building and fourth-tallest structure […]
-
129-year-old LoDo building, home to 1UP arcade, sells for $6.4M
DENVER — A 129-year-old building in LoDo has sold for the first time in three decades. JHB Properties LLC and WSJ Associates LLC purchased the three-level, 15,375-square-foot building at 1925 Blake St. last week for $6.43 million, according to county records. The deal works out to $418 a square foot. Cushman & Wakefield brokers Jon Hendrickson and Aaron Johnson represented the seller. Hendrickson described the buyer, who did not work with a broker, as a family partnership fulfilling a 1031 […]
-
12-story apartment complex proposed north of Broncos Stadium at Mile High
DENVER — A developer wants to build a 12-story apartment complex just north of Broncos Stadium at Mile High. An executive with Opus Development Co., part of Minneapolis-based real estate firm The Opus Group, submitted a site-development plan to the city last week, proposing the 277-unit complex at 550 W. 19th Ave. The 1.65-acre site, currently a gravel parking lot, is just south of apartment building Turntable Studios. It is already zoned for 12 stories. The executive who submitted the […]
