Steamboat Springs John and Jaret Duty, of Bucking Rainbow Outfitters, got the ideal tubing location they've long coveted, and Mike and Colleen Miller got the new lease they needed for Sunpie's Bistro.
The Dutys, through the new business entity Bucking Rainbow LLC, recently closed on the purchase of the building at 735 Yampa St. that houses Sunpie's. They purchased the building for $1.2 million from James Reichert.
John Duty confirmed Monday that Sunpie's has a new five-year lease and is in the long-term plans for the property.
"That's the idea," Duty said. "As long as Mike and Colleen want to be there."
The building was tentatively slated for demolition to make room for a new development two years ago. The Millers had an option to take a new space in the redeveloped site. Now, the economy has soured, the development is off, and Sunpie's has the opportunity to stay put.
Sunpie's is closed Mondays, and the Millers could not be reached for comment.
Duty said his company, with a retail store at 730 Lincoln Ave., has city permits that allow it to rent about 100 tubes to floaters on week days and 150 on weekends. However, the business has been limited without a permanent river-front location.
"We've been trying for a good while to get our foot in the door on Yampa Street," Duty said. "We first tried to buy this same building when it was a computer store."
Duty said his tubing operation will occupy the space formerly occupied by Sweet Pea Market before its owners purchased the building next door, also from Reichert. Minor remodeling is under way this summer, but because of the short time frame, bigger improvements will have to wait.
Duty said one possible option would be to build an elevated deck that would create space for the tubing rentals beneath it and additional seating for Sunpie's above.
The property acquired by the Dutys included an 800-square-foot commercial building on a 0.22-acre lot.
As recently as April 2007, the building recently acquired by Sweet Pea plus the Sunpie's space and the former Colorado Group/Green Courte sales center next door, were being considered for a larger mixed retail/commercial development.
Developer/Realtor Jim Cook had introduced plans in April 2007 to replace all three with a new building. Demolition of the existing buildings would have started in fall 2008.
The new two-story buildings would have created four retail spaces plus a restaurant on the first level and four, possibly five, residential units on the second level.