Connect with us

Denver, CO

Colorado motel being sold for $10 — but buyer is required to renovate and convert building for the homeless

Published

on

Colorado motel being sold for  — but buyer is required to renovate and convert building for the homeless


This is a suite deal for the right person.

An entire motel in Denver is being sold for much less than what an average traveler would pay to sleep in a room for just one night.

But there’s a catch.

The property’s parking lot is currently being used to house the homeless in shed-like structures.
KDVR

Colorado’s former Stay Inn is priced at just $10 but the buyer must agree to renovate the entire building and convert it into “supportive housing” for people experiencing homelessness, according to Fox 31 Denver.

Advertisement

The Mile High City bought the building for around $9 million in the summer of 2023 but hasn’t made any major renovations besides “minor repairs” to protect the property.

The new owner will have to accept some extra baggage before they check in to their new project because officials are selling the building as-is.

The fenced-off tan and grey structure has four levels with a total of 96 units.

It received upgraded kitchenettes and a new sprinkler system from the previous owner but “structural repairs” to walkways, railings and electrical systems need to be done, the Denver Post reports.

City officials hope to have a deal locked in with a buyer at the end of the year so the transformation can begin.

Advertisement
The former Stay Inn is located in Denver, Colo. KDVR
The buyer will have to convert the building into “supportive housing” for people in need of shelter. KDVR
The new owner must keep this building as an income-restricted housing facility for 99 years. KDVR

The number of people experiencing homelessness in the Denver metro area increased 10% from 2023 to 2024 with nearly 10,000 souls living without a permanent residence, according to a report by Metro Denver Homelessness Initiative.

Negotiations are reportedly underway for a potential development partner for the multi-level building but no firm has been selected just yet.

The Denver City Council must approve any contract before the project moves forward, according to comments made to local media outlets by Denver Department of Housing Stability spokesperson Derek Woodbury.

“We are hopeful that the procurement will result in a path forward for delivering supportive housing at the site,” Woodbury wrote in an email to Fox 31 Denver.

The deal isn’t going to be a temporary one.

Advertisement

The motivated person with the lucky $10 will have to agree to unique rules for a very extended stay.

According to the city’s request for proposals reviewed by Fox 31 Denver, the new owner is required to keep this property as an income-restricted housing facility for 99 years.

This means the owner must commit to using the land to help the needy until at least 2125.

“We are hopeful to bring such an agreement to Council later this year,” Woodbury added.

Even though the building is vacant, the property is currently being used to house homeless people in dozens of shed-like structures in the parking lot.

Advertisement



Source link

Denver, CO

Ranking the Broncos free agent needs on offense

Published

on

Ranking the Broncos free agent needs on offense


NFL Free Agency opens up on Wednesday, with the legal tampering period beginning on Monday. The top free agents usually all commit to a team during that period, so be ready to rock and roll to start next week.

I figured now would be a good time to do a little discussion around the Denver Broncos and where we think their top priorities should be on offense when free agency kicks off.

Broncos top FA needs on offense

Tim Lynch: For free agency, I’d say running back and tight end are the highest on my wish list.

Advertisement

I’d say pay big for a top free agent running back and ensure you have a monster two-headed backfield next season. They need a superior run-blocking tight end and, if they move on from Evan Engram, a pass-catcher too.

Christopher Hart: I agree with Tim. Those are the biggest needs for the offense. Getting a top-notch running back and a tight end capable of playing inline to replace Adam Trautman is a must. The two players I advocated a few weeks ago were running back Travis Etienne and tight end Cade Otton. Both would be fantastic additions and help take Denver’s offense to the next level in 2026.

Scotty Payne: Playmaker is the top and biggest need. That includes a RB, TE, and/or WR in that order.

Need to improve the run game regardless, need some sort of production out of the TEs as well as improved blocking, and if they can get a true WR1, that would be great too.

Ross Allen: I think we’re all in agreement.

Advertisement

Getting someone who can be the dominant running back and have RJ Harvey serve that glamorous “joker” role would be huge for this offense. And given that they also don’t have a legitimate playmaker at the receiving position hurts them. A TE or WR can fill that role.

Sadaraine: The #1 need for the Broncos on offense is a top-notch running back. I will be blown away if the Broncos don’t sign a top-tier free agent running back to upgrade the offense (and no, J.K. Dobbins wouldn’t be that guy…not with his injury history).

There’s a significant gap in need after that until we start talking about tight ends and receivers. I think we’re more likely to see more money spent on a tight end than a receiver, but this offense could use both to be sure.

Ian St. Clair: Not to beat a dead horse, but running back is the biggest need and priority for this team when free agency starts. Having a consistent and effective running game will make Nix and the offense exponentially better. It will make the team better. After running back, the Broncos need to figure out their tight end.

Adam Malnati: Give Bo a weapon. I don’t care which position. Yes, RB is a need. Yes, TE is a need (thanks a lot Evan Engram). Still, a weapon would be nice.

Advertisement

Predictably, we’re all heavily keyed in on running back and tight end. That was a big part of our free agent profile coverage too and for good reason. There have been many rumors around Denver looking to target both positions next week and where there is smoke there is usually fire.

The question really becomes: go big or go affordable? With the championship window open, I’m leaning go big on premium play-maker positions this offseason.

Where do you stand on this discussion? Give us your top free agent needs on offense and how you hope the Broncos address them next week.



Source link

Advertisement
Continue Reading

Denver, CO

Denver area events for March 5

Published

on

Denver area events for March 5


If you have an event taking place in the Denver area, email information to carlotta.olson@gazette.com at least two weeks in advance. All events are listed in the calendar on space availability. Thursday Camilla Vaitaitis Quartet — 6:30 p.m., Dazzle at Baur’s, 1080 14th St., Denver, go online for prices. Tickets: dazzledenver.com/#/events. Miguel — 7 p.m., Fillmore Auditorium, […]



Source link

Continue Reading

Denver, CO

Report: Broncos expected to ‘make a splash’ at running back

Published

on

Report: Broncos expected to ‘make a splash’ at running back


The Denver Broncos are in the market for a running back.

Just two days after NFL Network’s Ian Rapoport reported that Denver wants to have the running back position addressed before the draft, Jonathan Jones of CBS Sports reported that the Broncos are “poised to make a splash” at running back during NFL free agency.

“Denver is the reason why the Jets used the franchise tag on Breece Hall rather than the transition tag, according to sources, making sure Denver wouldn’t get the opportunity to put together an offer the Jets would refuse to match,” Jones wrote for CBS Sports.

Jones said the Broncos would be an obvious potential landing spot for Kenneth Walker, and he noted that Travis Etienne could be a cheaper alternative. The Athletic’s Nick Kosmider also reported this week that Denver is expected to “closely examine” the RB market, and he name-dropped Walker, Etienne and Rico Dowdle.

Advertisement

The Broncos also have an in-house free agent at RB in J.K. Dobbins, who has expressed his desire to remain in Denver. The Broncos can begin negotiating with pending free agents from other clubs on March 9, but no deals can become official until the new league year begins on March 11. In-house free agents can be re-signed at any time.

Social: Follow Broncos Wire on Facebook and Twitter/X! Did you know: These 25 celebrities are Broncos fans.



Source link

Continue Reading

Trending