(The Center Square) – The Denver Downtown Development Authority recently announced it will spend $45 million to revitalize a downtown Denver property.
The DDA plans to purchase the Denver Pavilions, a shopping mall located in the upper downtown district. It plans to spend $37 million to acquire the property and an additional up to $8 million for property improvements, leasing and redevelopment planning.
The city will then sell the property to someone else who it says “can implement the new, mixed-use redevelopment vision for the site.”…