Author name: milehighcre

Morrison Restaurant Makes Conservation Easement Donation

The Fort, an award-winning and nationally acclaimed “truly Colorado” restaurant located in Morrison, has made a voluntary conservation easement donation to the Colorado Historical Foundation. The easement is intended to protect The Fort and ensure the property’s defining historic characteristics withstand the test of time for current and future generations.  “The Fort has been listed

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National Western Center’s Livestock Exchange Building to be Reimagined

A consortium of stakeholders including EXDO Development, the Colorado Cattlemen’s Association, and the National Western Center Authority, have revealed plans to revive the iconic 125-year-old Livestock Exchange Building, located at 4701 Marion Street at the National Western Center, into The Exchange, a contemporary working mercantile and commercial hub with a bold vision to reimagine the

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ACEC Colorado Installs 2024-25 Board of Directors

The American Council of Engineering Companies of Colorado (ACEC Colorado) recently installed its 2024-25 Board of Directors, whose terms started May 1. Dave DiFulvio, PLS (Farnsworth Group – Greenwood Village) will serve as president and accepted the gavel from Immediate Past President Brant Lahnert, PE (KL&A, Inc. – Golden) during the ACEC Colorado Annual Conference on April 25. DiFulvio

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Mayor Proposes Ballot Measure to Expand Affordable Housing

Mayor Mike Johnston has announced his plan for a new dedicated funding stream to provide approximately $100 million annually to make Denver more affordable for working families and individuals.   Co-sponsored by Councilmembers Shontel Lewis, Sarah Parady, Diana Romero-Campbell, Amanda Sandoval and Darrell Watson, a proposed ballot measure to establish an Affordable Denver Fund is

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Eastglen Apartments Secures $11.96M in Financing from Freddie Mac 

JLL Capital Markets has secured $11.96 million in acquisition financing for Eastglen Apartments, a 102-unit multi-housing property in Longmont. JLL worked on behalf of the borrower, a joint venture between Two Arrows Group, a privately held real estate investment company focused on acquiring multifamily properties across the Colorado Front Range, and real estate private equity firm

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MGL Partners to Add 50 Units of Senior Housing in Denver

MGL Partners, a Denver-based multifamily, senior, workforce and affordable housing developer, has purchased 4770 E Iliff Ave, a 48,917-square-foot (1.12 ac) office redevelopment property in Denver for $2,700,000. Adam Bellin, Travis Hodge, and Taylor Burns of Capstone Companies represented MGL Partners in this transaction. The forthcoming Iliff Apartments project, which has been awarded 9% Low-Income

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Aircraft Maintenance Center Opens at Rocky Mountain Metropolitan Airport

Elevate MRO, a Utah-based aircraft maintenance company and division of Elevate Aviation Group (EAG), has opened a new aircraft maintenance center at Rocky Mountain Metropolitan Airport (KBJC) in Denver. This expansion includes increased staff and maintenance teams to support the existing client base and enhance aircraft maintenance service availability while supporting Elevate Jet’s management, charter, and

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The Cherry Cricket Expanding to Broomfield in Summer 2025

Denver’s beloved burger institution, The Cherry Cricket, is set to open its fourth location in early summer 2025 at 1280 E 1st Ave in Broomfield. With a rich history spanning almost 79 years in Cherry Creek, The Cherry Cricket has become a staple in Denver, expanding to the Ballpark neighborhood in 2018 and Littleton in 2023.

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Thompson Thrift to Develop 344-Unit Luxury Community in Fort Collins

Thompson Thrift, one of the nation’s leading multifamily developers, will develop The Landing at Lemay, a 344-unit Class A multifamily community in Fort Collins. Construction will begin in July and residents are expected to begin moving in late 2025. “Fort Collins’ rapid growth and strong demand for upscale multifamily housing presents a compelling opportunity,” said Josh Purvis, managing

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Denver Construction Cost Increase Below National Average

International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Quarterly Cost Report, providing an eye-opening perspective on the North American construction industry in 14 key markets. The latest RLB quarterly cost report, with data current to mid-Q2 2024, shows that the national average increase in construction costs was 1.12 percent over the

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