Greenwich Realty Capital, the New York company that filed conceptual drawings with the city to build an 81-story skyscraper in downtown Denver, did not close the deal on property at 17th and California, where it's proposed building was planned to go.

The 25,047 square foot lot is listed and owned by Paradise Land Company for $17.5 million. Buzz Geller, managing partner at the firm, confirmed that Greenwich had failed to close on the deal by the time a sales contract expired.

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When asked what the next steps for Paradise Land Company were, Geller said "Something will get developed on the site, now that the immediate world knows about it."

The concept filings, provided by the Denver Community Planning & Development Department (CPD), describe a building with a hotel, residences and retail, along with twin residential and hotel lobbies in the first two levels and 778 parking spaces.

Read more at the Denver Business Journal: http://bit.ly/2EZlR3O