Category: Business
Downtown Development Authority doesn’t have to pay property taxes, but will if it buys Denver Pavilions
Update 7:20 a.m. Oct. 9, 2025: This story has been corrected by BusinessDen to reflect information about the planned payment in lieu of taxes. While Denver’s Downtown Development Authority is exempt from paying property taxes, it will voluntarily pay an amount equal to the annual tax bill if it purchases the Denver Pavilions mall. Bill…
Read MoreDenver neighbors sue owner of neglected ‘poop protest’ house in Congress Park
Neighbors of a derelict million-dollar home along Denver’s tony East Seventh Avenue are asking a judge to appoint a caretaker for the house or let it be demolished. “The nuisance property is so repugnant to the neighbors and passersby that they throw bags of dog poop into the property’s yard in protest of the property’s…
Read MoreEnglewood City Council approves plan to redevelop center at former Cinderella City site
Englewood has signed off on a major redevelopment of its urban core. Monday night, the Denver suburb’s City Council voted 5-2 to terminate a series of ground leases and exchange properties and kickstart construction planning on properties within the 55-acre Englewood CityCenter area along Hampden Avenue. “This is the area we need to revitalize,” Englewood…
Read MoreStaffing shortages cause more US flight delays as government shutdown reaches 8th day
By RIO YAMAT and JOSH FUNK Staffing shortages led to more flight delays at airports across the U.S. on Tuesday as the federal government shutdown stretched into a eighth day, while union leaders for air traffic controllers and airport security screeners warned the situation was likely to get worse. Related Articles Frustrated lawmakers say lack…
Read MoreTesla offers cheaper versions of 2 electric vehicles in bid to win back market share in tough year
By BERNARD CONDON NEW YORK (AP) — Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway. Related Articles Downtown Development Authority doesn’t have to pay property taxes, but will if it buys Denver Pavilions…
Read MoreChicago firm planning off-airport parking pays $19M for land near DIA
Chicago-based InterPark is pulling into the airport real estate market with a nearly $19 million land deal. The company, which describes itself as the largest operator of parking real estate in the United States, bought a 25-acre lot on the southeast corner of 60th Avenue and Jackson Gap Street late last month for $18.8 million,…
Read MoreMixed-use project proposed for former Hanson’s site in Platt Park
Doug McKinnon wants to redo the gateway to South Pearl Street’s shops and restaurants in Platt Park. The real estate investor, through his firm McKinnon & Associates, submitted plans to Denver last week to redevelop his 0.29-acre 1301 S. Pearl St. lot, which sits next to the South Pearl sign welcoming people into the neighborhood.…
Read MoreDemolition of onetime Denver7 building nears completion
Just a bit remains of Denver7’s former building. The structure at the corner of Speer Boulevard and Lincoln Street in central Denver is being demolished by Property Markets Group, the developer that bought the property from the television station’s parent company in 2021. PMG plans to build an apartment complex at the site. The company…
Read MoreFurniture maker for outdoor recreation vehicles closes shop, will liquidate
A digital fabrication shop north of Denver that built decorations for local restaurants and furniture parts for camper trailers, among other woodwork, has shut down and gone bankrupt. Twig Custom Builders, which also went by Custom Cabinets by Twig, filed for Chapter 7 at the end of September. It has $4.3 million of debt, most…
Read MoreStarbucks’ sweeping store closures aren’t a surprise. Here’s why
By Megan Ulu-Lani Boyanton, The Seattle Times Deanna Meyerhoff, 55, moved to Seattle in 1993. Back then, the expansion of Starbucks was just so tremendous,” she said. Until recently, Meyerhoff would treat her daughter to pink drinks and stop for iced black tea lemonades while on walks with the family dog, she recalls. But those…
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