[CPEO-BIF] Gates Rubber site, Denver, Colorado - four developers

[Lenny Siegel <lennysiegel@gmail.com>]

Cherokee and Lionstone
Redeveloping 80 Former Industrial Acres in the Heart of Denver

By Carol Carder
Rocky Mountain Construction (CO)
July 28, 2008

It's been a long time coming, but developers now are converting the 
former Gates Rubber Factory site in Denver from an eyesore to eye candy.

For more than 85 years the Gates Rubber Factory produced belts, hoses 
and tires for the automotive industry. Established in 1911, the company 
employed more than 6,000 workers in its heyday and was the sixth largest 
rubber company in the nation. In the 1980s the Gates Corp. began 
downsizing as it moved operations overseas, then closed its Denver 
location permanently in 1995.

The company's 80-acre site straddling South Broadway languished as a 
scar on the business landscape until Cherokee Investment Partners LLC 
bought 50 acres of the property in December 2001, knowing it was 
contaminated but with a full commitment to clean it up. A prime real 
estate location, the site lies just three miles south of downtown and 
seven miles from the Denver Tech Center and high-end southeast suburban 
residential areas. The adjacent Interstate 25 and three light rail lines 
will serve residents, office and shopper transportation needs.

...

For the entire article, see
http://www.acppubs.com/article/CA6578238.html?industryid=48563

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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