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Local developer under contract to buy part of Five Points Greyhound property


Local developer under contract to buy part of Five Points Greyhound property
BusinessDen file photos)
A Glendale-based development firm that recently underwent a generational leadership change is under contract to purchase a portion of Greyhound’s real estate holdings in Five Points.
Corum Real Estate Group President Eric Komppa told BusinessDen Wednesday that his firm expects to close on the 1.15-acre 2420 Arapahoe St. parcel and the 0.54-acre 2301 Curtis St. parcel toward the end of the year.
Eric Komppa
The undeveloped fenced-in lots, at the edge of what is considered Curtis Park, are separated by an alley, and currently used by Dallas-based Greyhound to park buses. ....

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Macy's affordable housing donation approved, project moving forward – BizWest


BOULDER Macy’s Inc. (NYSE: M) won approval Tuesday night for the final piece of it’s effort to move forward with it’s long-planned redevelopment of its store in the Twenty Ninth Street shopping area.
The Boulder City Council, as part of its consent agenda, voted to accept a $3 million donation to its affordable housing fund. Macy’s offered to make the payment rather than include affordable housing units in its redevelopment plans. 
Through a process of “adaptive reuse,” Macy’s, with help from Corum Real Estate Group Inc. and Trestle Strategy Group, plans to morph the store into a three-story, roughly 155,000-square-foot office building with about 7,700 square feet of retail space on the ground floor. ....

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Boulder leaders approve Macy's redevelopment plans – BizWest


BOULDER After three years of planning and lobbying, Macy’s Inc. (NYSE: M) won approval Tuesday night to move forward with a proposal to redevelop its store in the Twenty Ninth Street shopping area.
The Boulder City Council, in an 8-1 vote, approved a site plan that proposes to transform the aging department store into a mixed-use office and retail space. Councilwoman Mary Young was the lone member to oppose the measure.
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