Colorado Coalition for the Homeless to Convert Newly Acquired Hotel into Supportive Housing
In December, the Colorado Coalition for the Homeless acquired the former Clarion Inn, located at 200 W. 48th Avenue in Denver, for $24 million. The Colation will transform the hotel into 215 units of supportive and transitional housing by mid-2023, known as Renewal Village. The purchase came during same week that President Biden signed a 1.7T …
Laws Whiskey House to Expand its Tasting Room
Laws Whiskey House, a Denver-based whiskey distillery, has partnered with BOSS.architecture and FLUX Partner Group on the expansion of its tasting room located in the South Broadway neighborhood at 1420 South Acoma Street. The project will add approximately 3000 square feet, according to Westword. Read the full story here.
Denver International Airport Celebrates 2022 Milestones
The year flew by, and Denver International Airport (DEN) is ready for takeoff in 2023. DEN is looking back on a year marked by accomplishments, milestones and opportunities. Among the most notable (in no particular order): Full Recovery of DEN’s Air Service Network DEN’s air service network recovered to near …
Denver-Based Butcher Shop to Open Second Location at CSU Spur
Western Daughters Butcher Shoppe, a whole animal butcher shop specializing in 100 percent grass-fed and grass-finished beef, as well as lamb and pasture-raised pork and chicken, announced it will maintain its shop in LoHi and launch a second location in North Denver – Western Daughters Kitchen, within CSU Spur’s new …
Grange Hall Sells to Leading Adult Nightclub Operator
Houston-based RCI Hospitality Holdings, Inc. purchased Troy Guard’s Grange Hall, located at 6575 Greenwood Plaza Blvd. on Dec. 19, as part of RCI’s expansion in the greater Denver area. RCI paid $5.2 million, consisting of $1.875 million in cash and a 5-year, 6.67% bank financing note with a 25-year amortization, according to a …
Buffalo Wild Wings in Castle Rock Sells for $2.5M
Marcus & Millichap recently brokered the sale of a Buffalo Wild Wings property strategically located at the Promenade at Castle Rock, adjacent to the Outlets at Castle Rock. The property sold for $2,525,000 or $399.46 per square foot. The property is a part of Buffalo Wild Wings’ new restaurant design, featuring a unique …
Realty Capital Residential to Build Active Adult Residential Community Near Basalt
Dallas-based Realty Capital Residential (“RCR”) has purchased a 1.3-acre residential site in the Tree Farm mixed-use development near Basalt, Colorado. In March, RCR will begin the construction of a 72-unit, four-story, active adult, luxury multifamily community on the property, called The Terraces at The Tree Farm. The residential complex will be located …
Dine and Recline: Clayton Hotel and Members Club
By Katie Rapone, editor Each month, Mile High CRE will highlight a new place to “dine or recline” in the Centennial State. December’s feature is Clayton Hotel and Members Club in Cherry Creek North. Since its debut in May of 2021, the first-of-its-kind, 63-room boutique hotel property has been honored …
Denver’s First In-N-Out Burger Gets Ready to Open
The Mile High City will soon have an option for satisfying appetites for a double-double and animal-style fries. In-N-Out Burger is in the final stages of construction on its first restaurant in Denver. Located at 4597 North Central Park Blvd., the new restaurant is a block north of Interstate 70 …
ARLO Residential to Convert Aurora Hotel into Affordable Housing
Chicago-based hotel investment and management company, Arbor Lodging, recently announced the launch of its latest vertical, ARLO Residential, that is focused on converting properties ranging from hotels and office buildings into affordable living options. To officially kick off this new venture, the company has entered the Denver market. In a joint venture …