Fuel & Iron

Fuel & Iron

The redevelopment of the Holmes Hardware Block will consist of the Fuel & Iron Food Hall on the first floor and 28 affordable housing units on the second and third floors. The larger project site will have roughly a half acre devoted to an urban farm, ample parking for both the food hall customers and apartment residents, and roughly a half acre dedicated to additional housing in Phase II of the project.

Fuel & Iron will serve as an incubator for the next generation of great Pueblo restaurants. The five restaurant spaces within the food hall will be occupied by independent loc...

Min investment
$100
Goal
$70K-$100K
Days Left
0
Location
Denver, CO

CrowdLustro Research Report

Security Type
Membership Units
Membership Units represent ownership rights in a Limited Liability Company, indicated by the right to receive cash or unit distributions, declared by the Manager(s) of the LLC, and having voting rights in the governance of the Company.
Industry
Real Estate
Filed
September 24, 2020
Expires
January 13, 2021
Valuation
$207K
Deal Structure

Price Per Share: $100.00

Security Name: Class. B Units

Use of Proceeds

$70,000

  • 27% towards MEP engineering, 15.5% towards development partner fee, 14% towards energy modeling, 14% towards civil engineering, 7.5% towards Wefunder intermediary fee 9% towards marketing, 8% for pre-opening fees for food hall operator, 5% for food hall interior design documents.

$150,000

  • 20% towards MEP engineering, 13% towards development partner fee, 12% towards energy modeling, 9% towards civil engineering, 7.5% towards Wefunder intermediary fee, 6% towards marketing, 5% for pre-opening fees for food hall operator, 3% for food hall interior design documents, 24.5% for unexpected expenses and working capital

Management

Nathan Stern, Co-Founder
Commercial real estate broker and developer focused on the intersection of food & beverage and community.

Zach Cytryn, Co-Fouder
Commercial real estate broker and developer focused on the intersection of food & beverage and community.

Greg Topel, Food Hall Operator
Proven track record of restaurant operations.

Research Reports

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Key Deal Facts

A catalytic project that will help revitalize downtown Pueblo
Incubating the next generation of local restaurateurs and bringing housing downtown.
Low amount of private capital combined with a preferred return increases likelihood of distributions

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