AwardsDevelopmentHealthcare

Northstar’s Clinica Health Facility Wins ULI Impact Award

DENVER — Northstar Commercial Partners is the proud recipient of a 2019 Impact Award from the Urban Land Institute of Colorado, for their Clinica Health development in Lafayette, Colorado. The ULI Impact Awards are annual prizes presented to Colorado developers and architects responsible for projects that overcome unusual or difficult obstacles …

READ MORE →
ConstructionEventsHealthcare

Platte Valley Medical Center Renovation Complete

GH Phipps has announced the successful completion of the SCL Health Platte Valley Medical Center’s Third Floor Medical/Surgical Unit Renovation. The general contractor joined Platte Valley’s executive team, staff and members of the surrounding communities for a ribbon cutting and open house. The renovation work included adding 28 new patient rooms …

READ MORE →
Movers and Shakers
Movers and Shakers

Movers and Shakers Week Ending 04.19.19

Swinerton Hires New Senior Project Manager Matt Curtis has joined Swinerton as a senior project manager, focusing on healthcare construction. He is an ASHE Certified Health Care Physical Environment Worker, a LEED Accredited Professional and holds an ASHE Healthcare Construction certificate. Matt is a graduate from Colorado State University, with …

READ MORE →
Development

New Regulations for Opportunity Zones Released

On Wednesday, the U.S. Department of the Treasury issued its second set of proposed regulations related to the new Opportunity Zones tax incentive. The tax benefit, created by the 2017 Tax Cuts and Jobs Act, is designed to drive economic development and create jobs by encouraging long-term investments in economically …

READ MORE →
InvestmentMultifamily

Phoenix Realty Group Acquires 280 Multifamily Units and Broadens Presence in Colorado

FORT COLLINS — Phoenix Realty Group (PRG), a national multifamily real estate fund manager, investor and operator,  recently purchased Argyle at Willow Springs, a 280-unit Class B multifamily apartment community in Fort Collins, through an affiliated entity. The property was acquired with a third-party partner. PRG will operate the rental community and …

READ MORE →
BrokerageMultifamily

Patriot Park Apartments in Colorado Springs Receive $33M Construction Financing

COLORADO SPRINGS — Developer Goodwin Knight has received construction financing in the amount of $33.3 million, for Patriot Park Apartments, a 258-unit market rate multifamily project located on 8.8 acres just north of Platte Avenue and west of Powers Boulevard in Colorado Springs. Patriot Park Apartments will contain 258-luxury apartments across five buildings, …

READ MORE →
OfficeReports

8% Increase in Flexible Workspace Supply in Denver

DENVER — Supply of flexible office space has increased by 8 percent in Denver as businesses of all sizes look to secure agile office space in prime locations, according to a report by Instant Offices. Significant demand for serviced offices, and in particular hybrid space, has seen average desk rates …

READ MORE →
AwardsConstructionEngineeringEvents

Ten AGC of Colorado Firms Honored at the 20th Annual Construction Safety Excellence Awards

DENVER — Ten Associated General Contractors of Colorado (AGC/C) member firms were honored as National Finalists at the 20th Annual Construction Safety Excellence Awards (CSAE), that took place April 3, 2019 at AGC of America’s 100th Annual National Convention in Denver. These awards recognize AGC Members who have developed and implemented …

READ MORE →
DevelopmentEventsRetailSenior HousingTransit

Plans to Improve the 16th Street Mall Take Shape

DENVER — The City and County of Denver, the Federal Transit Administration, Regional Transportation District (RTD), Downtown Denver Partnership, and Downtown Denver Business Improvement District (BID) announced this week the next step toward improving the 16th Street Mall, one of the city’s most critical economic engines and vital public spaces. …

READ MORE →
BrokerageOffice

Colorado Springs Office Building Occupied by Booz Allen Hamilton Sells for $9.15M

COLORADO SPRINGS – A Class A two-story 51,770-square-foot office building located at 745 Space Center Drive, currently occupied by Booz Allen Hamilton Inc., an American management and information technology consulting firm, was sold on April 12 for $9,150,000, or $177 per square foot, to a private individual. Aaron D. Johnson and Jon …

READ MORE →