He will head a national warehouse development for Crow and will remain headquartered in Denver. "I can't tell you much more about the fund at this point," Moyski tells GlobeSt.com. "We're still discussing things and more details will come out later."
At Cherokee, Moyski was in charge of redeveloping the former Gates Rubber site at I-25 and Broadway. His charge, over the next 15 years or so, was to turn the vast wasteland with huge, empty obsolete buildings into a high-density, "urban village" with housing, offices, retail and even eventually hotels. The site is on a light rail stop. Its completed value of the 50-acre site has been estimated as high as $1.5 billion. It could need a city subsidy as much $90 million to $150 million.
Moyski says it was tough to leave Cherokee, but the Trammell Crow opportunity was too good to pass up. "I think Trammell Crow really wanted him back," says one developer who knows Moyski well. "I think Trammell Crow recruited him. They came up with the idea and approached him, is my understanding. And he got to stay in Denver, which is important to him."
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.