Joe Vostrejs is Principal, Partner, and Founder of City Street Investors, whose “custom crafting philosophy” means the firm creates projects that synchronize the needs and desires of the community with investment in under-appreciated assets. It also means, the places they create, in particular the restaurants in their portfolio, are unique, tailored toward the local community, and are designed to be community gathering places.
I came upon Joe and City Street after reading this article in the Denver Business Journal (which in the episode I misattribute to Ed Sealover – the article was actually written by Kate Tracy) about potential development of a beer garden in Applewood. The article mentions Teller’s Taproom and Kitchen, which is perhaps my favorite restaurant in this entire city, and so I looked up the company on the web. Turns out they own a bunch of my favorite places. Here’s their portfolio.
On this week’s show, Joe and I discuss how this philosophy came to be, why it’s not unique, but it is unusual, and the lengthy process they undertake as they develop new projects. It’s a fascinating look at a company doing development in a way that puts the needs and wants of the community first, which generally helps to ensure a project’s success. I adored this chat, and appreciated Joe’s many insights from decades of doing this work.
You can find City Street Investors here.