DENVER-A dilapidated low-income housing complex will be coming down, says the Denver Housing Authority. At one point, officials thought the complex could be salvaged, but higher-than-anticipated costs have changed minds.

DENVER-Sears & Roebuck has big plans for an aging store, but the proposal is upsetting other Cherry Creek property owners. The retailer is looking to pump $100 million into a mixed-use development, with a hotel soaring 130 feet and a 120-foot high office tower.

DENVER-GMS Realty, a Carlsbad, CA-based operation, has spent $29.7 million for the area's largest regional shopping center. The deal is just the first of several in GMS Realty's plans for the Denver region.

DENVER-This week's council approval to pump $53.3 million into a private hotel project has the developers scurrying to meet with prospective lenders. Seth and Bruce Bergers' financing trail could entail deals with at least four banks for the $217-million project.

DENVER-City council has decided to kick in $53.3 million to a hotel developer to advance a 1,100-room Hyatt as a complement to the expanded Colorado Convention Center. The approval has come after a long night of dissension.

DENVER-Craig Nassi is gearing up for yet another groundbreaking of a luxury condo project, a $102-million undertaking for the Golden Triangle neighborhood. The Beauvallon takes its cues from French architecture.

DENVER-Peter Neukirch has stepped down as president and CEO of the Southeast Business Partnership. Details are being worked out for a consulting position as the new appointee, a former Burbank, CA mayor and councilman, takes the reins.

DENVER-AmeriVest Properties is launching a bonus investment option for its shareholders. At least 536,561 shares are up for grabs with the plan, which goes into effect Jan. 17 at the same time that a nominal dividend payout takes place.