A rendering of the project. (Courtesy Revesco Properties/Menalto Development) Rhys Duggan has a couple more blocks of riverfront property. The CEO of Denver-based Revesco Properties, which plans to turn Elitch Gardens into a new neighborhood called The River Mile, is partnering with a RiNo landowner to redevelop 3 acres near the Pepsi facility. Rhys Duggan Revesco and Bernard Hurley’s Menalto Development plan to build two structures — one of them with two towers — between Chestnut Place and the South Platte River, from 36th to 38th streets. Plans call for an apartment tower, a hotel tower ..read more

Departures Rep. Ruby Dickson of Colorado District 37, is resigning, effective Dec. 11. Finance Chris Picardi is market president for KeyBank Colorado. Colleen Maldonado was promoted to partner, private wealth manager, at Creative Planning. Nonprofits Robert Gray is facilities and events manager for the RiNo Art District. Architecture Jonathan Bigham is chief operations officer of CSHQA.     ..read more

Stoney’s Cantina operated at 30 S. Broadway in Denver. (BusinessDen file) Stoney Jesseph said adios to a restaurant he opened on South Broadway in 2021. The restaurateur, who owns three remaining Stoney’s locations around Colorado, said the one at 30 S. Broadway branded Stoney’s Cantina never made a profit. The biggest culprit: a year of road and sidewalk construction on the bustling commercial strip. “You can’t ride. You can’t walk down a whole block. It’s a nightmare down here. You can’t get anywhere,” Jesseph said, adding that sales fell by 60 percent once construction commenced. “From wh ..read more

Joyride Brewing operates at the corner of Sheridan Boulevard and 25th Avenue in Edgewater. (Courtesy Joyride Brewing via The Denver Post) Joyride Brewing in Edgewater, which filed for bankruptcy last month, is suing a co-owner for allegedly stealing and misappropriating more than $1 million in company cash. The brewery, which has occupied 2501 Sheridan Blvd. since 2014, announced Nov. 17 that it had been forced to file for Chapter 11 “due to suspected financial malfeasance.” “This has nothing to do with Joyride’s ability to run a successful or profitable business but rather has everything to ..read more

Denver Newspaper Agency employees look out from the 10th-floor patio of the 101 W. Colfax Ave. building on Aug. 3, 2006. (Rocky Mountain News via Denver Public Library) Denver’s planned purchase of the former Denver Post building won’t be the first time the city has bought a dominant daily newspaper’s signature real estate. In 2002, the city bought the building used by the Rocky Mountain News, the Post’s main rival for decades. The structure sat at 400 W. Colfax Ave., just west of Denver city hall and the Denver Mint. Unlike the former Post building at 101 W. Colfax Ave., which the city inte ..read more

Denver Newspaper Agency employees look out from the 10th-floor patio of the 101 W. Colfax Ave. building on Aug. 3, 2006. (Rocky Mountain News via Denver Public Library) Denver’s planned purchase of the former Denver Post building won’t be the first time the city has bought a dominant daily newspaper’s signature real estate. In 2002, the city bought the building used by the Rocky Mountain News, the Post’s main rival for decades. The structure sat at 400 W. Colfax Ave., just west of Denver city hall and the Denver Mint. Unlike the former Post building at 101 W. Colfax Ave., which the city inte ..read more

Denver Mayor Mike Johnston, left, and District 9 City Councilman Darrell Watson, second from left, speak with homeless activist Caryn Sodaro, right, as they visit an encampment on Stout Street near 22nd St on Aug. 3, 2023. (Kathryn Scott/Special to The Denver Post) Denver’s deals for hotels to house the homeless keep coming. A lease deal for a 300-room former Doubletree in the city’s northeast went into effect just before Thanksgiving, when a local nonprofit closed on its purchase of the structure. The city may end up buying the property from the nonprofit. And the City Council will soon tak ..read more

A rendering of the project. (Courtesy VanWest Partners) Some people use self-storage facilities to store their stuff. For others, it’s to store their money.  VanWest Partners, a Denver firm specializing in purchasing, developing and managing self-storage facilities, is planning to construct a five-story self-storage building at 2425 S. Colorado Blvd. on the edge of University Park.  Private investors will fund the project, a common practice for the business that manages nearly 40 locations across the nation.  “We think self-storage is a great asset class to create cash flow ..read more

Avi Stopper and Michael Farb created CaptainU in 2007. (Justin Wingerter/BusinessDen) Two entrepreneurs who sold their startup for $21 million seven years ago are now suing the buyer, who they say still hasn’t paid the full purchase price. Avi Stopper, alongside his college friend Michael Farb, created CaptainU, a sort of LinkedIn for high school athletes that connects them with coaches and colleges, in 2007. The company moved its headquarters from Chicago to Denver’s Santa Fe arts district in 2011. At the end of 2016, CaptainU was sold to Stack Sports, a tech company in Texas, for $21 milli ..read more

The building at 310 W. Archer Place in Denver. (Courtesy NorthPeak Commercial Advisors) Deals of note: 310 Archer Investors LLC purchased a 17-unit, roughly 9,000-square-foot apartment complex at 310 W. Archer Place in Denver for $4.2 million from 1480 Silver King Drive LLC. Joe Hornstein and Scott Fetter of NorthPeak Commercial Advisors represented the buyer and seller. Cedar Oaks Apartments LP purchased 2426-2446 Clay St., an 11-unit, approximately 5,000-square-foot apartment building in Denver for $2.2 million from JP50 LLC. Patrick Henry and Boston Weir of The Henry Group represented the ..read more