Google Buys Boulder Campus for $130M
View here Google Inc. has paid $130M for its three-building campus, Pearl Place, in Boulder. The campus, built by Denver developer Forum Real Estate Group and designed by Denver-based Tryba Architects, is located between 30th and Pearl streets. The first two 100,000-square-foot buildings were completed in July. The project enables Google... Read more
Southern Land Company Opens First Denver Apartment Community, Centric LoHi
DENVER – Southern Land Company (SLC), has opened Centric LoHi, its first apartment community in Denver. The mixed-used, multifamily development began welcoming its first residents earlier this month. Centric LoHi, designed by EV Studio, features 302 luxury apartments spread between two buildings at 18th Street and Central Avenue in the city’s Lower Highland... Read more
Investors Purchase 432-Acre Louisville Parcel in Bid for Amazon HQ2
View here A 432-acre site in Louisville, CO owned by Phillips 66, is now under contract to California-based Bancroft Capital — and rumors are, the parcel is one of a few suitable sites in Colorado, for the Amazon headquarters. Located just off Northwest Parkway and U.S. 36, the former StorageTek campus has been... Read more
DDP Releases Center City Housing Report; Address Need for Affordable Housing
DENVER – The Downtown Denver Partnership has released its Center City Housing report, detailing the population growth and number of housing units added or under construction in each of the center city’s 14 neighborhoods since 2010. The report was released in conjunction with the Partnership’s Center City Housing Forum,... Read more
Town of Granby, CO Approves Land Sale for Affordable Housing Development
View here The Granby Town Board has approved the sale of 64 acres of land to Sun Communities, to develop an affordable housing project along Highway 40. Sun Communities has until the end of 2017 for the project estimate’s final approval from the town, with construction starting sometime next... Read more
JLL to Identify Denver Locations for Zero Emissions Vehicle Charging Stations
DENVER – Electrify America has committed to invest $2 billion over the next 10 years to build out and strengthen zero emissions vehicle (ZEV) infrastructure across the United States, and the company has contracted JLL to source qualified locations and provide site feasibility studies for this effort. Electrify America’s plans call for the installation of charging... Read more
First For-Sale Condominiums in Union Station Neighborhood in High Demand
DENVER – Initial sales at The Coloradan, a 334-unit condominium property located directly behind Denver’s Union Station, have outpaced initial projections. The property began taking contracts on August 22nd and has already sold 158 residences, totaling more than $100 million in gross sales — The Coloradan is also offering an interest list for their... Read more
Vail Resorts Converting Silverthorne Offices into Workforce Housing
View here According to the Denver Post, Vail Resorts will put up $440,000 to convert a mixed-use property, the company owns in Silverthorne CO, into workforce housing. The project is part of the company’s $30 million commitment to workforce housing. They have also started building a $6 million workforce housing project in... Read more
Nashville Developer Opens Office in Denver
View here Southern Land Co., a Nashville real estate developer, is to open an office in Denver — a sign of the company’s ongoing and future activity in that market. The developer currently has two projects in Denver; Centric LoHi, a 302 apartment complex with 9,000-square-feet of retail space, just completed... Read more
Major Mixed-Use Development Planned for Johnstown, CO
DENVER — Arizona-based Caliber Development, a subsidiary of Caliber – The Wealth Development Company, and Westar Development, have acquired a 256-acre land parcel for mixed-use development in Johnstown, a rapidly growing city on Interstate 25 just 45 minutes north of Denver. Ideally situated at the southeast corner of I-25 and the Freedom Parkway... Read more