Legislators Remain Divided Over Urban-Renewal
View here Last week Gov. John Hickenlooper signed Senate Bill 279, a consensus bill aimed at ending a two-year feud between cities and counties over urban-development law, but legislators could not agree on a second proposal, Senate Bill 285, that would have imposed more regulations over Downtown Development Authorities. Read more
Amazon to Open Third Facility in Colorado
View here An 855,000-square-foot Amazon fulfillment center is coming to Thornton, CO that will employ 1,500 peoples well as a fleet of robots, becoming Thornton’s largest employer and Colorado’s third facility to date. Image courtesy of Amazon. Read more
RiNo Investors Purchase $8M Warehouse Property
View here Tributary Real Estate and Charles Street Investment Partners have purchased 2 acres of land at 3600 and 3695 Wynkoop St., home to a 38,000-square-foot warehouse and another smaller warehouse. Tributary has. purchased 11 other nearby parcels in the last 15 months for a mixed-use redevelopment. The seller is Gary Giambrocco, owner... Read more
Greenwood Village Vote Against Ballot Measure to Build Taller Buildings and Denser Development
View here According to the city of Greenwood Village, 6,092 of its 15,000 residents voted in Tuesday’s election, with 1,479 voting in favor of the ballot measure and 4,613 against. If the ballot Measure had been approved it would have allowed for denser development in the 44-acre area around Orchard Station.... Read more
Denver’s Largest Transit-Oriented Development Coming to Stapleton
DENVER – Newmark Knight Frank (NKF) announced the launching of the 4-million-square-foot mixed-use development at Central Park Station by Forest City Realty Trust (FCRT), one of the nation’s leading mixed-use place makers. The project kicks off next spring with Central Park Station One, a 190,000-square-foot Class AA mixed-use office building,... Read more
Colorado Supreme Court Makes Landmark Ruling for Condo Developers
View here Monday’s Colorado Supreme Court decision allowing condominium developers to require arbitration in the case of construction-defects disputes, is equally as important as the defects-reform bill that Gov. John Hickenlooper signed into law last month. Read more
$76M Transit-Oriented Development Breaks Ground in Lakewood
View here Denver-based K2Ventures LLC, just broke ground on a 289 apartment complex in Lakewood that will include 2,500-square-feet of retail. Oak Street Station will provide a new housing option adjacent to the light rail station, making for a quick commute to Downtown Denver. Residents will also enjoy the convenient access to shopping,... Read more
Lafayette Officials Bid to Bring Affordable Housing to Community
View here According to the Denver Post, a roughly $3.5 million deal to acquire 24 acres of church-owned property for an affordable housing project, will be voted on by Lafayette’s City Council Tuesday night. The deal could provide up to 500 permanently-affordable homes in Boulder County, which is currently experiencing... Read more
Denver Proposing New Taxing District to Fund Convention Center Upgrades
View here Denver’s tourism industry will next week propose to create a tourism improvement district, to help fund $233 million of improvements to the Colorado Convention Center. Proposed improvements include a rooftop expansion, which includes an 80,000-square-foot multi-function meeting space, a 50,000-square-foot terrace and support space, as well as... Read more
$225M Sports Complex Coming to Windsor, CO
View here Exciting news for residents of Windsor, CO: According to developers, the worlds largest of its kind sports complex is scheduled to break ground in September, at the northwest corner of Colorado Highway 257 and Harmony Road (Weld County Road 74), three miles north of Windsor Lake in Weld... Read more