Demolition and Construction Begins on Mixed-Use Project in Cherry Creek North
DENVER – BMC Investments (BMC) in partnership with Bow River Capital (Bow River) announced today that demolition and construction has begun for a two-story retail building located at 2727 Detroit Street in the Cherry Creek North neighborhood. The joint venture recently closed on a construction loan with FirstBank to construct an eight-story, 80,000-square-foot mixed-use... Read more
New $200M Mixed-Use Development Planned for RiNo Industrial Site
View here A California-based real estate investment firm called Mass Equities, has acquired a 7.8-acre area of land in RiNo for $38 million that includes two existing buildings totaling more than 219,000 square feet. The firm is planning a $200 million mixed-use development on the 7.8-acre site that will include office... Read more
Tax Increase for Colfax Avenue Improvements Approved
View here Business owners along East Colfax Avenue have voted in favor of a 40 percent Business Improvement District tax rate hike, aimed at carrying out the district’s improvement plan for the area between East 16th and East 14th avenues and from Grant Street to Josephine Street. The proposal was... Read more
MOB: A Valuable Commodity
By Katie Rapone Healthcare providers are facing increasing pressure to reduce costs in the face of uncertain reimbursement rates from both Medicare, Medicaid and private insurance companies, and to improve patient outcomes. According to a CBRE Research report, one way in which healthcare providers are attempting to reduce costs, is by... Read more
Union Station Neighborhood Eagerly Awaits Grand Opening of Whole Foods Market
View here Whole Foods Market will open its highly anticipated location near Union Station next week, on Nov. 15. The 60,000-square-foot grocery store will anchor Union Denver, a 580-unit luxury apartment community that covers an entire 2-acre city block bounded by Chestnut Place and 17th, 18th and Wewatta streets, developed... Read more
East Colfax Businesses Vote on Tax Increase for Improvements
View here A proposed 40 percent Business Improvement District tax rate hike aimed at carrying out the district’s improvement plan, could soon be in store for businesses between East 16th and East 14th avenues and from Grant Street to Josephine Street. The tax increase would authorize the Colfax Business Improvement District... Read more
Northglenn Marketplace to be Redeveloped
View here A 439,000-square-foot shopping center located at Interstate 25 and 104th Avenue in Northglenn has sold for $48 million. An affiliate of Hutensky Capital Partners (HCP) of Hartford, Connecticut, bought the center Denver-based Evergreen Development, the Mulhern Group, SullivanHayes Brokerage and Kimley-Horn will be involved in a major redevelopment, with... Read more
Construction Underway for New Mixed-Use Development in Wheat Ridge
Wheat Ridge, CO – Quadrant Properties, a 15-year-old locally-based real estate development firm, will break ground today on The Corners at Wheat Ridge, a $75 million mixed-use development featuring 231 signature apartment residences and 55,000 square feet of retail and restaurant space. Located at the southwest corner of Wadsworth Boulevard... Read more
Sustainable Condo Development Coming to RiNo
View here Denver-based Westfield Co. Inc. will bring condos and townhomes to the RiNo neighborhood, at 25th and Larimer streets. Westfield purchased the land from the Denver Housing Authority, who were keen to see the land be used to build for-sale housing. Milender White Construction Co. will be the general contractor. In addition to... Read more
RNL Designs Mixed-Use Affordable Housing Community in Englewood
DENVER – RNL, now part of Stantec, is providing master planning, architecture and landscape architecture services on the Broadway + Acoma Lofts, a 130,000-square-foot mixed-use affordable housing transit-oriented development (TOD) project developed by Medici Communities, LLC for the City of Englewood. The project, located at 3405 S. Broadway in Downtown... Read more