Colorado Apartment Shortage Predicted for 2030
View here According to the findings of a new study conducted by Hoyt Advisory Services, an additional 100,485 new units will need to be built in Colorado in the next 13 years, in order to accommodate the growing number of immigrants, an aging population and people who would rather rent than... Read more
Preserving Colorado’s Affordable Housing
View here With limited inventory of affordable housing in Denver, combined with the challenges of developing more, Denver needs to focus its efforts on preserving its existing affordable housing. The Housing Preservation Network (HPN) is a program launched by the Colorado Housing and Finance Authority (CHFA) to focus on preserving the... Read more
JLL secures $31.8M in Construction Financing for Alta SoBo Station
DENVER — JLL’s Capital Markets experts have secured $31.8 million in construction financing on behalf of a joint venture between Stockbridge and Wood Partners. The loan will be used for the development of Alta SoBo Station, a 187-unit, transit-oriented multifamily community located three miles from downtown Denver in the South Broadway submarket.... Read more
Mixed-Use Development to Transform Eight RiNo Acres
DENVER — Six city blocks of Denver’s River North Arts District (RiNo) adjacent to the 38th and Blake transit station will soon be one of the most interesting destinations in Denver to live, work, innovate, design or visit. The planned mixed-use development is being called Giambrocco and its mix of existing... Read more
WELL Building Standard: A Peek Through Lakehouse’s Glass Façade
Green, energy-efficient and sustainable have become real buzzwords in recent years — thrown around in the commercial real estate industry like baseballs at a ballpark — but the latest standard in building certification measures — not how environmentally friendly a building is — but rather, how human friendly it... 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
$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
Micro-Apartment Complex Near Broncos Stadium Sells for $31M
View here The micro-units complex, Turntable Studios, near Mile High Stadium, has sold for $31 million. Turntable, which is at 1875 Mile High Stadium Circle, sold for $173,184 per unit. Apartments in the building start at 365 square feet and feature built-in furniture to maximize space.   Image courtesy of... Read more
Sloans Lake Condos Celebrate Breaking Ground
DENVER – NAVA Real Estate Development (Nava), a Colorado-based development company, will host a groundbreaking ceremony today for Lakehouse, a new 206-unit condominium and rowhome development overlooking Sloans Lake. The groundbreaking will take place at 11:30 a.m. at 4202 West 17 th Avenue (at the intersection of 17 th Avenue and Raleigh Street, on the... Read more
Luxury Apartments on Speer Appeal to Live/Work Tenants
DENVER — KTGY Architecture + Planning, an international award-winning architecture firm, recently revealed details behind the design of TriVista on Speer, a 322-unit luxury apartment building currently under construction on Speer Boulevard between 13th and 14th Streets. The seven-story community, adjacent to Denver’s Golden Triangle neighborhood, is slated for... Read more