DENVER — The Denver Downtown Development Authority closed on the purchase of the Denver Pavilions, an outdoor mall off Glenarm St. along the 16th Street pedestrian corridor in upper downtown.
A special warranty deed shows the taxing district now owns the property, which is anchored by Maggiano’s Little Italy, H&M, Lucky Strike Lanes, Sephora, Coyote Ugly Saloon and the Regal UA Denver Pavilions movie theater. No purchase price was recorded, but the Denver City Council approved $45 million for the purchase last month.
Previously, Laura Swartz, director of communications for the Denver Department of Finance, told the Denver Business Journal that the DDDA had appropriated $37 million to buy the property and $8 million for master planning and operations…