Denver-Based Developer Announces Townhome Project in Fraser
Stratus Capital Corporation, a Denver-based real estate development group, will begin construction of Summit Trail Lodge (STL) in 4Q 2021, in Fraser, Colo. STL is a two-phase townhome project with 20 fully improved lots to be constructed in Phase I and 20-25 additional units to be added in Phase II. …
Groundbreaking: Grace Gardens Affordable Housing in Loveland
On Wednesday, July 14 Pinkard Construction, Loveland Housing Authority (LHA) and Loveland Habitat for Humanity held a groundbreaking ceremony for the Grace Gardens at Derby Hill affordable housing development, marking the official start of construction that is expected to continue into 2031. During the first phase, Pinkard will perform site development, including roads and …
Greenwood Corporate Plaza Sells for $38.4M
Private equity real estate investment firm Viking Partners Management, Inc. has acquired Greenwood Corporate Plaza, a 412,869-square-foot suburban office campus in the Denver Tech Center for $38.4 million. The acquisition is the first for Viking Partners out of its new Mountain West regional office in Denver under the direction of …
Industrial Portfolio in Colorado Financed for $16.8M
JLL Capital Markets recently arranged $16.8 million in financing, on behalf of Flywheel Capital, for the purchase of a fully leased, three-property light industrial portfolio totaling 292,076 square feet in Commerce City, Loveland and Pueblo. The portfolio comprises 6300 Clermont, a two-building single-tenant asset in Commerce City; Campion Industrial Park, a three-building …
Building Heights to Increase in Denver’s Golden Triangle
The Denver City Council has approved a proposal which outlines a package of new zoning rules for the Golden Triangle neighborhood, including an increase to maximum building heights. According to the new verbiage, typical building heights in the Golden Triangle neighborhood range from 3 to approximately 20 stories, with the general …
Mortenson Denver to Complete Fourth Project With NREL
Mortenson, a top-20 U.S. builder, developer, and engineering services provider with four decades of experience in Colorado, will build a new research laboratory facility on the South Table Mountain Campus of the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in Golden, marking the fourth time Mortenson has completed …
Movers and Shakers Week Ending 07.23.21
Crescent Hires New Senior Vice President for Acquisitions Crescent Real Estate LLC (Crescent) announced the hiring of Lindsey Giacchino as a senior vice president for acquisitions in the Denver office. Giacchino’s responsibilities include identifying and leading office acquisitions and establishing strategic plans for acquired properties. Lindsey joins Crescent with a …
Zeppelin Development to Construct A-Frame Village in Winter Park
Zeppelin Development recently closed on a $5 million construction loan through FirstBank, to begin construction of A-Frame Club, a unique hospitality project in Winter Park. Zeppelin purchased the 2-acre site in February 2020 for $1.5 million. According to Oregon-based Skylab Architecture, the architect for the project, the 14,260-square-foot project will …
Denver Moves to Hire Head of Urban Design
As Denver’s recovery moves forward, the city’s Department of Community Planning and Development is looking to elevate the role of urban design in preparing Denver for the future while preserving our historic buildings and staying true to Denver’s heritage. The department will hire a City Urban Designer to lead and champion this …
Embrey Closes on Land Site for Multifamily Project at The District in Centennial
San Antonio-based Embrey Partners, LLC has closed on its site purchase for Hensley at The District, a 304-unit multifamily community project with neighborhood walkability and easy access to jobs, shopping and entertainment. Embrey purchased the site from Denver-based Brue Baukol Capital Partners. The project is a six-story multifamily wrap-style project that …