Boulder Daily Camera Building Sold

We’ve been very watchful of what kinds of new buildings have been coming to downtown boulder in the last decade or so. With so many mixed use fifty-foot structures lining streets like Canyon Boulevard, it’s almost as if the mouth of Boulder Canyon is moving eastward.

Recent news says that the Boulder Daily Camera building, which has been home to the local Boulder newspaper for many years, has finally been sold. We heard not too long ago that the camera was leaving this spot, and the building would be sold, so this isn’t any great surprise.

I just wonder how many 50 foot buildings we can pack into downtown Boulder before it loses the architectural diversity and charm that’s attracted us to the center of Boulder since the opening of the Pearl Street Mall in 1977.

Hey, wanna buy a condo?! Yes, seriously, there are still good values in Boulder and it does look like developers are working carefully to preserve the warmth of our area. If you’re ready for help buying or selling in Boulder, call or email me today.

Now, here’s the recent scoop on the Camera building. It’s a Denver developer, partnered up with Boulder’s own Communication Arts, who came out as the highest bidder. Apparently the plans for this 1048 Pearl St. location are to raze the existing building and replace it with a four-story mixed use project.

Randy Nichols, of Nichols Partnership, has told the Camera that he thinks this location is the best in Colorado for a new project. Nichols is responsible for the Clayton Lane Center, and the Spire building in Denver.

The new development is apparently going to include over 100 residential units that may come in at an average price of about $400,000 or so. That’s not bad considering that the typical downtown Boulder condo will run you almost $1 million.

Here’s some more specs on the intentions of the new building. It may take a couple years to complete. It could have a little over 100,000 square feet of residential, a bit over 13,000 square feet of retail and another 22,000 or so square feet of office space.

Some local experts believe that the national economy will be stronger by then, and with Boulder generally trending upwards already, the thinking is that this will be a good time to have property like this ready for sale or lease.

Some locals are attentive to the recent move by the Boulder City Council to reject a 54 foot tall project on Canyon Blvd. Apparently, according to a recent Camera article, Nichols isn’t worried too much about that and seems to feel good about buying the property without and condition of approval by the city for the current plans.

Are you, or is someone you know, considering a move? I’d consider it a privilege to have the opportunity to talk with you about your plans and to have the chance to work for you as your Realtor┬«. Call or email me today!

Zachary Epps, full-time professional Realtor® and EcoBroker® at RE/MAX Alliance Boulder


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