Nichols pulls bid on Camera newspaper building

BOULDER – Randy Nichols of Denver-based Nichols Partnership Inc. has pulled his bid to purchase the Camera newspaper building in downtown Boulder.

Nichols had planned to tear down the 76,635-square-foot building at 1048 Pearl St. and redevelop the property into a four-story mixed-use building with retail, offices and residences. But a worsening economy and uncertainties of developing in Boulder reversed those plans.

“When we started looking at the project more in depth, it just didn’t make economic sense based on the real estate market,” Nichols said. Another issue for Nichols was an “uncertainty” from Boulder politics concerning the redevelopment.

Nichols said his meetings…