A project to refurbish a historic building in downtown Grand Junction is almost complete, as leasing begins on the Reed Building. Downtown workers and shoppers have been watching the building's progress for nearly three years, as developer Shane Burton has worked to refurbish the building that has housed an undertaker, a J.C. Penney's and most recently the Dinosaur Museum.
Built in 1908, the Reed Building's first occupant is the newly–opened Café Biltmore. Also coming are law offices and a photographic art gallery. Upscale condominiums are coming to the second and third stories.
The first condo units are scheduled to open next month. Most are for sale at prices ranging from $400,000–to–$900,000.
Burton also plans to rent a couple of the units, but does not have a set price on them at this time.
Burton bought the building for the Downtown Development Authority, who he says has been an enthusiastic supporter of his vision for the property.
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