Denver, CO
City strikes nearly $89 million deal to buy former Denver Post building at Civic Center
The city of Denver, no longer content to be a tenant in the former Denver Post building downtown, is moving to buy the 11-story structure for $88.5 million.
Its purchase deal with the New York-based owner of 101 W. Colfax Ave. is intended to make room for the city and county’s courts. Many of the non-criminal courts are squeezed into the historic City and County Building across Civic Center Park. They’re expected to need another 280,000 square feet of space by 2040, according to a courts master plan.
The building is just shy of 306,000 square feet and is located in the heart of downtown, with building security, an auditorium, connections to the city’s computer network and a 635-space parking garage. The Post reported earlier this week that city officials were considering purchasing the building.
The proposed contract is up for consideration before the City Council’s Finance and Governance Committee on Tuesday morning. If it earns approval from the entire council in coming weeks, the deal could close in March, according to city documents.
“The Post building would help the city meet space requirements for district, county, probate and juvenile courts as well as provide dedicated space for non-profit and judicial advocate services, like Colorado Legal Services and multiple rental assistance programs, which currently have undedicated space in other city buildings,” Laura Swartz, a spokeswoman for Denver’s finance department, said Thursday.
In addition to courtrooms in the City and County Building less than two blocks from the building it plans to buy, Denver has court uses in the Minoru Yasui Building, the Lindsey Flanigan Courthouse and the Van Cise-Simonet Detention Center today, Swartz said. All of those buildings are clustered along West Colfax Avenue, between Bannock and Fox streets.
The building opened in 2006 as the joint headquarters of The Post and the Rocky Mountain News, which went on to close down in 2009. The Post’s newsroom and other operations moved out of the building in 2018, into space at the paper’s printing plant in Adams County. But The Post’s ownership group still holds a master lease for the building and subleases that space to other tenants, including the city.
The building is owned by Kayan LLC, an affiliated created by American Properties, which paid $93.4 million for it in 2006, as construction was concluding. That price was higher than the city proposes to pay now, especially when adjusted for inflation.
The difference likely reflects, in part, the impact of high vacancy rates in downtown office buildings after the pandemic changed commuting and remote-work habits. A presentation prepared by the city for the council committee hearing says the negotiated price “falls within the appraisal value.”
The city’s contract will come before the council just as work is ramping up on a two-year, $133.5 million renovation of the Wellington E. Webb Municipal Office Building at 201. W. Coflax, across the street from The Post’s old building
That building is already home base to 2,100 city employees. The renovation has been touted as a way to maximize space in that building and make room for 600 city workers now using subleased floors in The Post building.
Its proximity to other city buildings makes the former Post building an even more attractive opportunity for a city seeking to grow its real estate footprint to meet future needs.
“The Post building’s proximity to existing downtown courthouses makes this a preferred location,” Swartz said. The building also already houses city staff and has the city’s IT infrastructure installed.”
The city began subleasing space from The Post’s owner in 2016, and it has expanded since then to include more floors. The city’s cumulative sublease deal is worth just shy of $44 million through 2029.
Late that year is when The Post ownership’s master lease will expire, according to the council hearing presentation. Until then, city documents say, the building’s leasing structure will help pay off debt the city is taking to finance the purchase.
The city plans to issue certificates of participation, a form of borrowing that pledges city assets and isn’t subject to voter approval, unlike municipal bonds. As the city takes over as landlord, it plans to continue charging rent to The Post’s ownership, amounting to $7.8 million in the first year. That money will come from parking revenue and sublease payments made by tenants — including the city.
After 2029, the city will take over all leasing functions, according to the documents.
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Denver, CO
Denver International Airport Unveils Secret Holiday Pop-Up Bar for 2024
If you enjoy Christmas with the same enthusiasm as Buddy the Elf, you’re probably no stranger to the twinkly, tinsel-draped holiday pop-up bars serving eggnog in kitschy Santa mugs while Mariah Carey tunes play on repeat. But now sidling up to a Santa-themed bar can be a part of your holiday travel plans if you happen to be flying through the Mile High City this year: Denver International Airport claims to be the first ever airport to create a holiday pop-up bar.
Ahead of the busy holiday travel season—and decked to the nines with super-sized holiday inflatables, red and green lights, and Christmas trees—Santa’s Layover Lounge just opened. But you’ve got to know where to look for this somewhat hidden holiday bar: It’s hovering above Concourse B on the airport’s mezzanine level where there are no gates, but a collection of restaurants and shops. (If you’re headed to your gate, you might spot the candy cane and ornament inflatables hung from the rafters and the “Sleigh the Layover” sign.
The holiday lounge, a partnership between DEN and Skyport Hospitality, will be open from 8 a.m. to 10 p.m daily until Jan. 5, 2025.
“We’re always looking for ways to create surprises for passengers—things that are unexpected in an airport,” Stacey Stegman, head of communications at Denver International Airport, said in an interview at the pop-up bar. “We want people to walk through and go ‘Wow’ I didn’t know I could see that an airport.”
Santa’s Layover Lounge is temporarily taking over the Lounge 5280 Wine Bar. The pop-up serves flatbread pizzas named after Santa’s reindeer as well as a holiday turkey sandwich with cranberry jam and gravy and a butternut squash soup with chopped bacon and croutons.
As for the drinks, you bet there’s punny cocktails like the Pa Rum Pa Rum Punch and the Polar Expresso Martini. Some of the cocktails headlining the holiday menu are spiked with local liquors, like a gingerbread old fashioned made with Family Jones rye whiskey and a Mule-tide Carol with Breckenridge Distillery’s Bourbon, cranberry juice, orange bitters and ginger ale.
For kids (and those with a sweet tooth), the Ghirardelli hot chocolate bar comes stocked with sweet additions like peppermint, gingerbread, or caramel syrup as well as toppings like candy cane pieces, mini marshmallows, Butterfinger candy pieces, and red-and-green sprinkles.
With 77.8 million passengers passing through Denver International Airport annually, the airport ranks as the No. 6 on the list of the busiest airports in the world. While holiday travel can no doubt be stressful, Stegman says she hopes the airport’s fun-spirited bar creates joy for passengers.
“We’ve seen a lot of Christmas bars in downtown areas, but you’ve never before seen one at an airport and what better way to ease the stress and anxiety of travel than to create this space where people can take a breather and enjoy the holiday spirit,” Stegman says.
In past years, Denver International Airport has become creative with its holiday programming by operating an ice skating rink. The rink isn’t open this year, but holiday decor, piano players playing holiday music in the Great Hall, and wandering carolers dressed in old fashioned outfits and appearances by Santa.
Skyport Hospitality is partnering with the Make-A-Wish Foundation and is matching every guest contribution dollar-for-dollar, up to $5,000.
Traveling this holiday season? Here’s 10 tips for travel experts to make your holiday travels go smoothly.
Denver, CO
Colorado weather: Icy roads, light snow along I-70 corridor; cold, windy conditions in Denver
Morning drivers can expect icy roads and light snow along the Interstate 70 Corridor in the mountains on Tuesday morning, National Weather Service forecasters said.
Summit County and other high-elevation areas could see another 1 to 3 inches of snowfall Tuesday morning, bringing the total snow count up to 4 to 8 inches, NWS forecasters said.
“Lesser amounts to the north, but a nice bonus for ski country,” forecasters said.
The snow could still make its way to the Denver area before 11 a.m. Tuesday and Aurora, Centennial, Golden, Highlands Ranch, Littleton and Parker could see less than an inch of snow accumulation, according to NWS snow forecasts. Snow isn’t expected to stick anywhere else in the metro area.
Denver and the Eastern Plains are also forecast to see windy, cold weather throughout Tuesday as temperatures drop 10 to 15 degrees below normal, forecasters said.
The Denver area is forecast to see temperature highs in the mid-30s Tuesday before dropping into the teens overnight, according to NWS forecasters.
“Temperatures will fall to the coldest readings so far this season tonight across southern Colorado,” NWS forecasters said.
In areas of the Eastern Plains not covered by snow, fire danger will be elevated Tuesday due to the gusty winds and dry air, NWS forecasters said in a Hazardous Weather Outlook.
Strong winds of up to 60 mph will continue Wednesday over the Front Range and foothills and dry weather will continue through Saturday, forecasters said in the outlook.
Starting Sunday, multiple storm systems will bring snow to Colorado that could last through mid-week — prime time for Thanksgiving-related travel.
How much snow will fall ahead of Thanksgiving, how long it will last and whether it will stick mostly in the mountains or spread across the Front Range and Eastern Plains remains unknown, forecasters said.
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Originally Published:
Denver, CO
Denver Broncos rookie Audric Estimé says he doesn’t want to overuse his hurdling abilities
In the second half at Sunday’s Broncos game, a rookie running back momentarily took all of the Denver crowd’s breath away. Audric Estimé caught a pass thrown by fellow rookie Bo Nix and hurdled an Atlanta Falcons defender, but the play got called back because of a penalty.
Cornerback Clark Phillips III came in low to try to tackle Estimé, who had the ball tucked in his left arm, and Estimé jumped high in the air and floated right over Phillips. Another Falcons defender then tackled him as he was returning to Earth.
See the play below:
The play got called back because of an unnecessary roughness penalty on a Broncos offensive lineman.
On Xfinity Monday Live, CBS Colorado host Romi Bean joked that he should be called “Air Estimé.” She asked him if he knew ahead of time that he was going to make his stunning leap.
“No I did not,” Estimé said. “It was kind of just like a reaction, honestly.”
“I saw (Phillips) kind of put his head down and close his eyes and that’s something I kind of did in college and I was like ‘This is my opportunity to do it,’” said Estimé, who played for Notre Dame in college.
“Have you always had hops?” Bean asked.
“I’d say so. I played basketball. I was grabbing rim in eighth grade,” he said. “I had pretty good vertical … like 30 and a half.”
Bean asked Estimé if he might flash the hurdle again in an upcoming game.
“We’ll see. I just can’t be doing it too much,” Estimé said.
Estime saw his first NFL action in Week 1 against the Seahawks, but he wound up with an ankle injury and missed several games after that while he was on IR. It’s only in recent weeks that he has started to get more work in the Broncos backfield. He had 14 carries for 53 yards against the Chiefs, and on Sunday he had 6 rushes for 16 yards plus three catches for 9 yards. And after an early fumble, he has been more cautious with the football.
“Once you change your perspective of what that ball represents, you kind of hold it differently,” he said. “Coach (Sean) Payton really told me like, this ball represents everyone’s dreams. Thinking of it, it’s like something I’ve done my whole life. And playing at the highest level is my dream, and carrying that ball my whole life is what got me there. So I just, no matter what, I just have to hold onto it.
“Ball security trumps yards, and I have to just keep improving and I believe I will.”
Estimé and the Broncos are now preparing for the Las Vegas Raiders. You can watch the game on Sunday afternoon on CBS Colorado.
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