Van Hill, working for Murray and Stafford, sweeps inside of the Crescent Electric Supply Company space at Pivot Denver in Denver, Colorado on Friday, March 28, 2024. Pivot Denver, a new industrial and logistics park with four cavernous buildings, has opened on the former Denver Merchandise Mart site three years after it closed.
Just across Denver’s northern border in unincorporated Adams County, the location has a sales tax rate nearly half that of Denver’s. It is in an enterprise zone, which entitles tenants to state tax breaks, and it is within an Opportunity Zone, which provides its investors with federal tax benefits. Pivot Denver took Westfield nearly three years and more than $100 million to complete. About $8 million was spent on abatement for asbestos in the original building and remediating contaminated soils around tanks that had been removed earlier.
The Denver Merchandise Mart, built in 1965, drew tens of thousands of locals yearly to exhibits as diverse as the Tanner Gun Show, the Rocky Mountain Antiquarian Book and Paper Fair, and the Colorado Chocolate Festival.
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