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Developer secures Lafayette land for Medtronic campus

Developer secures Lafayette land for Medtronic campus
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Medtronic on the verge of Lafayette campus approval – BizWest

The Lafayette City Council is poised to vote on a consent agenda Tuesday evening that includes the second reading of a measure to the medical-device maker’s final planned unit development plan. A consent agenda is a group of typically noncontroversial or housekeeping items that city councils can approve simultaneously. Given that Medtronic’s plans have already won approval recommendation from Lafayette’s Planning Commission and praise from members of the City Council when plans were formally introduced to the body during a February hearing, the proposal appears likely to move forward. Should the company meet a few conditions likely to be set forth by city leaders for example, paying the full public land dedication cash-in-lieu fee rather than the 50% payment it had previously proposed Medtronic’s new campus would be located on a roughly 42-acre parcel just south of SCL Health’s Good Samaritan Medical Center, northeast of the interchange of Northwest Parkway and U.S. H

Redtail Ridge purchase price revealed at $35M

Redtail Ridge purchase price revealed at $35M This story first ran on BizWest.com, a BusinessDen news partner. Phillips 66 Co. sold the Redtail Ridge property in Louisville for $34.93 million, a discount of just more than 37 percent from the $55.6 million that ConocoPhillips paid for the property in 2008. ConocoPhillips’ acquisition included about 1.6 million square feet of buildings that were subsequently torn down. Sale  of the property to Redtail Ridge Development LLC, an entity controlled by Denver-based Brue Baukol Capital Partners LLC, occurred Dec. 11, but officials from Brue Baukol did not then disclose the purchase price. The price was recorded in documents recorded by the Boulder County Clerk & Recorder on Dec. 14, and recently uploaded to the county website.

Exclusive: Redtail Ridge purchase price revealed at $34 93M – BizWest

ConocoPhillips’ acquisition included about 1.6 million square feet of buildings that were subsequently torn down. Sponsored Content You’re maxing your tech “muscle.” You’ve increased speed, storage capacity, apps, cell services, etc. And along with all this new power you’ve created even greater mountains of data. And you protect it with …? EVEN MORE TECHNOLOGY, OF COURSE. Firewalls, back up storage and servers. But, is that even enough? Sale of the property to Redtail Ridge Development LLC, an entity controlled by Denver-based Brue Baukol Capital Partners LLC, occurred Dec. 11, but officials from Brue Baukol did not then disclose the purchase price. The price was recorded in documents recorded by the Boulder County Clerk & Recorder on Dec. 14, and recently uploaded to the county website.

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