January 21, 2020

Closing the Hesteds Deal

The big news in Golden today is the closing of the Hesteds deal downtown. The project, dubbed Gateway Station, will begin with the remediation of the PCE (also known as perchloroethylene,
tetrachloroethylene, PERC, and perclene) contamination in the old dry cleaner’s building. When that’s finished – probably late spring or early summer – we’ll see asbestos abatement, demolition, and then construction of the new mixed-use development. I understand the concerns and share the apprehension, but after being vacant for a quarter of a century I think this project will be a really good thing – a well-designed mixed-use infill development – for downtown Golden.