Globeville Site Selected for 2019 Rocky Mountain Real Estate Challenge
DENVER— Land Title Guarantee Company and NAIOP Colorado have selected the 40.5 acre Denver Shops site, located at 5151 Bannock Street in Denver, as its prime subject for the 17th Annual Rocky Mountain Real Estate Challenge to be held on May 2, 2019. ‘The Challenge” is the premier real estate competition that pairs graduate-level students from the University …
New Denver Residential Mid-Rise Coming to 26th and Alcott
DENVER — OZ Architecture has been selected by NYC-based Tessler Developer to design a new 14-story building that will feature a mix of for-sale condos and for-rent apartments in LoHi. Alcott Condo Club will offer an affordable entry point into the housing marketing for first-time home buyers in a highly desirable part …
GH Phipps “Adopts” a Family in Need for the Holidays
DENVER— GH Phipps and its employees have adopted a family in need for the holidays. Working with Children’s Hospital, the company is donating gifts and clothing to the blended family of nine, with seven children. Three of the children have had kidney transplants due to a rare disorder, making the time and expense …
CBRE Arranges Two Multifamily Sales Totaling $99.5M in CO Springs
COLORADO SPRINGS — CBRE recently arranged the sales of two apartment communities in Colorado Springs; Woodland Hills and Creekside at Palmer Park. Woodland Hills sold for $27 million and Creekside at Palmer Park sold for $72.5 million, representing Colorado Springs’ largest single-property multifamily sale this year by number of units (328). The …
Iconic Denver Apartment Community Completes $1.2M Renovation
DENVER — Spyglass Hill Apartments — an iconic 573-unit Denver apartment community, serving approximately 1,500 residents — has completed a $1.2 million, two-phase renovation project that includes a new luxury open space and community center. Built in the 1970s, Spyglass Hill was purchased by Arel Capital in 2016 and is managed by …
BIM Technology Revolutionizing Multifamily Market
By Katie Rapone Long gone are the days when AEC professionals had to rely on 2D drawings in-order to construct a building from start to finish. The traditional design process required excessive interpretation, created waste and exposed owners to risks. Building Information Modeling (BIM) — an intelligent 3D model-based process that …
Denver-based Architect to Design U.S. Pavilion at Expo 2020 Dubai
DENVER — Fentress Architects has been selected to design the U.S. Pavilion at Expo 2020 Dubai as a consortium partner with Big Things Group, a world leader in building, funding, and operating major expositions and public diplomacy events. The yet-to-be-revealed project builds on Fentress’ experience in the region where the …
SunShare to Build Six New Community Solar Gardens in Colorado
DENVER — Following the announcement of Xcel Energy’s landmark commitment to 100 percent carbon-free electricity by 2050, SunShare, one of the largest and most experienced community solar companies in the country, has been awarded six new community solar gardens by Xcel totaling 12 MWdc. The six community solar gardens will service approximately 2,600 …
E-Commerce has Industrial Market Poised for Continued Growth
DENVER— The industrial sector of the commercial real estate market is booming with rents growing by an average of 5.5 percent per year since 2013, outpacing the other three main CRE sectors (office, retail and multifamily). Thanks to increasing demand for e-commerce, industrial rents and occupancies are surging across a range of …
NexCore Group Receives Prestigious National Award
DENVER — For developing an innovative new healthcare clinic that both satisfies immediate needs and serves as a prototype for future facilities nationwide, national healthcare real estate developer NexCore Group has won a prestigious national award. The Denver-based firm accepted a 2018 HREI Insights Award Dec. 6 for the CHI Health Clinic …