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Griffis Residential Acquires Apartments Adjacent to Union Station

Leave a Comment / Development, Multifamily /

On December 29, Greenwood Village-based Griffis Residential announced that Griffis Premium Apartment Fund VI (Fund VI) has acquired Platform Union Station (rebranded Griffis Platform Union Station). The property sold for $125.5 million, according to property records. The transaction is the third acquisition for Fund VI. Griffis Platform Union Station is a 22-story, 287-unit apartment tower located […]

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Construction Spending Advances in November

Leave a Comment / Construction, Development, Finance, Reports /

Construction spending posted another solid gain in November, rising 0.4% over the month, according to the latest Wells Fargo Construction Spending Report. Amid high financing costs and shaky demand for real estate, overall momentum in the construction sector continues to be fueled by a few key segments. First, private single-family outlays have now picked up

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Essex Secures $87.5M Loan for AmCap’s Grocery-Anchored Retail Portfolio

Leave a Comment / Brokerage, Retail /

Essex Financial Group (“Essex”) arranged an $87.5 million loan to refinance a five-property retail portfolio totaling 689,599 square feet across the greater Denver metro area. Each of the neighborhood centers is anchored by King Soopers, a subsidiary of Kroger. Essex worked on behalf of AmCap Incorporated – a vertically integrated private equity real estate firm

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US Construction Outlook: Megaprojects will Define the Industry in 2024

Leave a Comment / Construction, Development, Energy, Feature, Hospitality /

By Deron Brown, president and COO, U.S. Operations, PCL Construction  After years of uncertainty, 2023 offered a window into a new normal for the construction industry — and despite lingering recession concerns, the industry and opportunity for growth is strong.  Over the past year, we saw landmark legislation unlock substantial funding for critical projects to

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Kimpton Hotel at Belleview Station Reveals Name, Hires General Manager

Leave a Comment / Development, Hospitality /

Kimpton Claret Hotel is the official name of Kimpton Hotels & Restaurants‘ second Denver hotel at Belleview Station. The hotel has also announced the appointment of its leader, General Manager Keith Siebenaler.   The highly anticipated Kimpton Claret Hotel, which is set to open spring 2024, gets its name from the vibrant shade of red

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JHL Constructors Celebrates the Unveiling of Parker Water & Sanitation District’s New Operations, Maintenance & Administration Building

Leave a Comment / Development /

On December 18, Parker Water & Sanitation District (PWSD) celebrated the soft opening of its state-of-the-art Operations, Maintenance & Administration Building. Representatives from JHL Constructors (JHL) and Perkins & Will (P&W) joined PWSD employees to welcome them to their new building.  With a primary focus on creating ample space for long-term growth, PWSD strategically acquired land near the Reuter-Hess reservoir in

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UCHealth Launches Major Expansion at Medical Center of the Rockies 

Leave a Comment / Construction, Development, Healthcare /

UCHealth officially broke ground today on a major expansion project at Medical Center of the Rockies (MCR) that will help meet the growing healthcare needs of Northern Colorado.    The project includes a new tower that will be built on the north side of the hospital, the creation of a cancer center, an expanded emergency department and additional

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One River North: Defining the Future of Real Estate

Leave a Comment / Architecture, Construction, Design, Development, Energy, Feature, Multifamily, Sustainability /

By Katie Rapone, editor In the heart of Denver’s vibrant RiNo neighborhood, a groundbreaking architectural project is taking shape that combines the principles of biophilia and the surrounding environment. One River North will provide a living space that promises not just a home but a deep connection with nature and well-being. The architecturally distinctive project is

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Denver Wraps on Colorado Convention Center Expansion Project

1 Comment / Construction, Development /

On Dec. 14, Denver Mayor Mike Johnston joined hundreds of invitees and representatives of the City and County of Denver to celebrate the completion of the Colorado Convention Center Expansion Project. Located on the roof of the existing building, the expansion of the Colorado Convention Center includes the new 80,000-square-foot Bluebird Ballroom that can be subdivided

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York Street Yards Caps 2023 with 13 Additions to its Growing Community 

Leave a Comment / Development, Retail /

York Street Yards, a flexible mixed-use industrial and commercial campus in Denver, announced the addition of 13 new tenants to its vibrant community in 2023 – reflecting the campus’ focus on innovation, entrepreneurship and community in the heart of Denver.  “As we close out 2023, we couldn’t be more excited about the blend of new

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