Denver developer proposes $24M office complex, boutique hotel for Boulder

BOULDER — Denver-based Sagebrush Cos. met with the city of Boulder’s planning department Friday to get the ball rolling on two major projects — an 80,000-square-foot office complex and a 50-unit boutique hotel.

Don Caster, a partner at Sagebrush Cos., a real estate development and property-management firm, said Friday that the company bought the 2.5 acres of vacant land at 5125 Pearl Parkway for the office complex that will be called the Boulder Industry and Arts Center last week from Pollard Motors Co. for $4 million.

The conceptual design for the futuristic looking $24 million three-story center was created by Sanzpont Architectura,…