$27M Eating Recovery Center Coming to Lowry
View here Westside Investment Partners will soon break ground on a three-story, 62,000-square-foot treatment center for eating disorders. Westside is budgeting $27 million for construction and has reportedly hired Brinkman Construction as general contractor. Farnsworth Group are the architects for the project. Eating Recovery Center already operates six other facilities in Denver, thanks to funding... Read more
Hickenlooper Signs Construction-Defects Reform Bill
View here DENVER – Following a decade of exceptionally low condo inventory in Colorado, today Governor John Hickenlooper signed a bill that will make it more difficult for associations of condominium owners to file multi-million-dollar construction-defects lawsuits. “This bill will help us make housing more affordable in a lot of different... Read more
Top 5 Reasons Carriage Units are Becoming Popular in the ‘Burbs
View here The need for traditional two-story homes has waned over recent years and a demand for non-traditional apartment living has increased. Carriage units — apartments constructed on top of a garage, to maximize space — offer an alternative living style that adds character, transforming a building into townhome-like residences.   Read more
Wells Fargo Exec: Slim Margin for Error in CRE
View here According to an article in the Colorado Springs Gazette, Adam Doud, a vice president who heads sales and business development efforts for the Wells Fargo & Co.’s real estate asset management group, says the margin for error in CRE investment is slim to non existent due to rising... Read more
Coors to Break Ground on $50M Milwaukee Brewery Expansion
View here Denver’s Molson Coors Brewing Co. will break ground on a $50 million expansion of its Milwaukee brewery on Friday. Construction plans include adding a 119,328-square-foot packaging and warehousing facility as well as 11,360-square-feet of new space on the existing brewhouse building, mostly for storing new brewing tanks. Read more
Adams County Apartments Maintain Affordability
View here To preserve the affordability of the Aztec Villa Apartments in Thornton, CO that more than 500 people call home, the Adams County Housing Authority successfully secured low-income housing tax credits and other financing mechanisms to fund its recent renovation. $11.8 million worth of construction upgraded the landscaping and... Read more
Construction Company Trading Downtown Denver for Thornton
View here Alliance Construction Solutions is leaving its Downtown Denver office to lease an 8,500-square-foot space at an office park east of Interstate 25 at 128th Ave., in Thornton. Alliance has been at its Denver location, on Broadway, for 12 years. President and CEO Brian Weinmaster wants to give his staff... Read more
Pharmaceutical Firm Planning Colorado Expansion
View here Tolmar Inc., a pharmaceutical company based in Fort Collins, who make drugs targeting prostate cancer and dermatology, has plans to add a 225,000-square-foot manufacturing and administrative site to its Windsor facility. Sampson Construction has successsfully provided construction services on the TOLMAR, Inc. campus located in Windsor, Colorado since August 2012.... Read more
Vertix Builders Awarded “General Contractor of the Year”
DENVER — Vertix Builders, Inc. has been recognized as the General Contractor of the Year, a prestigious industry award presented by the American Subcontractor Association of Colorado (ASA of Colorado).  The award is presented to the general contracting company that runs an efficient jobsite; is a reliable partner, schedules efficiently and treats... Read more
$65M Apartment Complex Coming to Arvada
Denver – Timberline Farms in Arvada, a $65.5 million residential development in Arvada will break ground on May 11. The announcement was made by Colorado-based Confluence Companies, which has completed 21 residential multi-family projects in the Denver Metro Area since 2010 with over 2,100 total units, and has four other projects planned... Read more