Great Divide Scraps Plans for Massive Brewery in RiNo, Cuts Deal to Sell Portion of Property

Dear Client: A little over five years ago, Great Divide was putting out plans to build out a near $40 million brewery/warehouse/destination atop a five acre plot it had purchased in Denver's River North (RiNo) neighborhood [see CBD 05-30-2014]. The Denver brewer, who had just produced over 37,000 barrels back in 2013, envisioned a boatload of capacity at the new digs - 100,000 barrels initially, and room to ramp it up to 250,000 barrels if they so desired. Yet last