Tag: Downtown Denver
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Denver Pavilions to get new mural, several repairs this summer
The Denver Pavilions is getting a facelift. Its new owners approved about $2.7 million to improve the downtown shopping center on 16th Street, including its parking garage, roof and signage and, also, a new mural. Last year, the Denver Downtown Development Authority voted to spend up to $45 million to purchase and upgrade the property…
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Denver Pavilions’ design ‘obsolete’ and should be partially demolished, experts say
The Denver Pavilions needs to significantly change in order to survive and be a downtown magnet for the next generation, according to new preliminary findings from an advisory panel of real estate experts. National experts from the Urban Land Institute, brought in by the mall’s new owner, determined the original design of the shopping center…
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Meet Sage Hospitality’s new CEO, a guitar-playing hotelier with roots in Belgium
Daniel del Olmo has been in the hotel business for nearly all his life. The new CEO of Sage Hospitality Group, the real estate company that has been part of Lower Downtown’s largest developments in recent history, was born and raised in Belgium. His father worked at a hotel outside of Brussels and was promoted…
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What it’s like to be part of Denver’s potentially smallest parade
The Richey family was up until 1:30 a.m. on Sunday working on their second-ever float entry for the Dairy Block’s Petite Parade in Lower Downtown. Lexi, Scott and their son dressed up in all pink to match their float titled “A can of worms.” While worms can sometimes be associated with fear, Lexi Richey said…
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Will this be Denver’s year to see office vacancies fall?
Another major downtown Denver office sold this week at less than a quarter of its last known value. Denver Place, a two-tower complex at 999 18th St., was acquired for $47.5 million by the CP Group, Angelo Bianco, managing partner for the Florida-based real estate company, told The Denver Gazette. The property previously changed hands…
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Denver’s historic Barth Hotel to get $6M from downtown authority
The board of directors for the Denver Downtown Development Authority voted Tuesday to grant $6 million to the historic Barth Hotel on 17th Street for a senior housing redevelopment project. The historic hotel, nearly as old as Denver’s Union Station two blocks away, was an assisted living community before it closed in December 2024. Its…
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Forecast shows a slower commercial construction market in Denver
Commercial construction activity around the metro Denver area will continue to feel confined this coming year, as a surplus from projects launched during the COVID pandemic soaks up more recent demand, according to a new report. Arrivals of new industrial space in metro Denver totaled only 3.3 million square feet last year, down from around…
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Family traditions highlight annual Parade of Lights in downtown Denver
Thousands of spectators cheered as giant balloon characters and floats decorated with holiday lights paraded through downtown Denver on Saturday night. For many, though, it wasn’t just about watching the 51st annual 9NEWS Parade of Lights. Rather, it’s about celebrating a tradition that countless families look forward to each year. “This parade is so important…
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Another lender takes possession of downtown Denver office building
An office tower in downtown Denver, once home to Xcel Energy’s headquarters, was taken over by a lender. Blackstone Mortgage Trust possessed the building at 1800 Larimer St. from Beacon Capital Partners, according to property records filed Tuesday. Beacon Capital Partners bought the property in 2022 for $291 million. Despite the pandemic’s hit on office…
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Icy and dicey: 16th Street less slippery now but not invincible
The iconic diamondback-pattern pavers of 16th Street were more than just stone cold on Thursday morning – they were also slick with ice. In typical Colorado fashion, the shaded parts were dicier, while sections exposed to sunlight quickly dried following Denver’s first major snowstorm of the season and the first since the downtown destination fully…