Real Estate Blog

A vacant former movie house in Denver’s Berkeley neighborhood inched closer to reopening as a concert hall and entertainment venue thanks to a city regulator’s recommendations.

Developer Ari Stutz, co-owner of the nearly century-old Yates Theater building at 4979 W. 44th Ave., went before city licensing authorities June 13 seeking a liquor license and cabaret license for the would-be venue. On Monday, Kimberley Chandler, an independent city hearing officer, recommended that Denver’s department of excise and licenses approve both requests.

Stutz made a case that “there is a need and desire” in the neighborhood for what the Yates Theater would bring, Chandler found. He also “made a good faith effort to address matters relating to possible nuisance issues” through an agreement struck with the Berkeley Regis United Neighbors organization, she wrote in her recommendation.

The theater inhabits a part of the city that is seeing rapid redevelopment and developer interest akin to what neighb..

One last single-story building on one last stretch of undeveloped downtown Denver land will soon be razed and replaced by two condo towers.

Over the weekend, Shelby’s Bar and Grill served its last beers at 519 18th St. The building that housed the bar for 28 years — and housed other bars going back more than 110 years — is getting torn down to make way for a 32- and 38-floor condo complex. BusinessDen first reported the news on Monday.

Amacon Development, based in Canada, bought Shelby’s and the land around it last year for $8.8 million. The developer hopes to break ground late this year or early next and open the first condo tower by 2022, Mark Sheldon, a Denver-based representative for Amacon, told The Denver Post.

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