“From the jazz clubs on Friday evening to the church pews on Sunday morning and all the soul food you could eat in between, Denver’s Five Points neighborhood represented the heart and the hub of the city’s black community for more than half the 20th century. In the new millennium, the place where five … [Read more…]
“The new owner of a long-unoccupied landmark in Five Points has hatched a plan to “bring its historical uses back into play today.” Developer Paul Books, president and founder of Palisade Partners, wants to add a fourth floor to the former Rossonian Hotel at 2650 Welton St. He wants to operate it as a … [Read more…]
“The Rossonian Hotel is the bellwether of historic Five Points, reflecting the neighborhood through booming successes and a devastating migration away from it. Many developers have been enticed by the historically black neighborhood’s crowning jewel. Ink on the historic building’s deed is still fresh as ownership switched hands again last month. People think redevelopment … [Read more…]
Five Points Business District – Newsletter September 2017 PDF Newsletter archive can be found on the Five Points Business Development website. Content highlights: Rossonian Sold to Pallisade Partners Monthly Community Meeting is Open Forum on 9 September 2017 Moveable Feast 9 September 5:30 – 7:30pm Mesitzo-Curtis Park Truck Stop Food Truck Rally 30 September … [Read more…]
“A major developer in Five Points is planning to take on perhaps its most significant project in the area yet with the restoration of the Rossonian Hotel. Palisade Partners purchased the 105-year-old hotel at the tip of Welton and Washington streets earlier this month for $6 million. The Denver-based developer is buying other properties … [Read more…]
“Five Points’ landmark jazz club and hotel is handing over the keys to a new owner. Palisade Partners bought the legendary, long-unoccupied Rossonian Hotel from Five Points developer Carl Bourgeois for $6 million on Aug. 17, property records show. Palisade Partners, a residential developer, has been working in Five Points since it bought the … [Read more…]
“Address or Location: 2650 Welton St., Denver, “Rossonian Building” Improvements: 21,480 sf, three-story office building, YOC 1910, masonry Land Size: 7,322 sf Date of Recording: 8/16 Reception No.: 2017108304 Price: $6M, or $279.33 psf Grantor: Carl Bourgeois Grantee: 2650 Welton St. LLC c/o Palisades Partners, Paul L. Books, ptnr. Financing: $4M payable to Carl Bourgeois” … [Read more…]
“After decades of blight and neglect, changes are coming to the historic Denver neighborhood. But will it be able to hang onto the culture and character that make it unique?” read the entire article Armbrister, Molly. Denver Business Journal 13 Janaury 2017.
“Tally another $40 million of apartments to the Welton Street development boom. Confluence Companies and Palisade Partners have started work on another 129 apartments along Welton Street with retail and office space. Paul Books, who heads Palisade Partners, said he liked the chance to put a dense residential development with a retail forum right … [Read more…]
“Proof of potential is popping up all over Five Points. New paint perks up tired Victorians and new trim adorns neglected Italianates. Elegant new residential buildings that give a nod to the architecture of late 19th- and early 20th-century gems have replaced decrepit squats. It’s all good in the mind of Charles Cousins, a … [Read more…]