Author name: milehighcre

Populus, the first carbon positive hotel in the United States, hits major construction milestone

New 265-room hotel in Downtown Denver will open in Spring 2024 Urban Villages, a leading real estate developer and environmental steward is pleased to announce that Populus, the first carbon-positive hotel in the United States, has topped out. The milestone marks the completion of the vertical structure for the 13-story, 265-room hotel which is located […]

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Salas O’Brien Wins Cold-Formed Steel Design Award for Park Union Bridge in Colorado Springs

June 26, 2023 – Salas O’Brien’s Denver-based structural engineering team was recently recognized by the Cold-Formed Steel Engineers Institute (CFSEI) with the first place Design Excellence Award in Non-Building Applications for the CFS design of the Park Union Bridge in Colorado Springs. Called “the bridge of the future”, the Park Union Bridge is in southwest downtown

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Movers and Shakers Week Ending 06.23.23

Stonebridge Cos. Welcomes Jim Sega as Senior Vice President of Operations   Stonebridge Cos., a Denver-based, privately owned, innovative hotel operator and owner, announced that Jim Sega joined the firm as senior vice president of operations. Sega’s role as Stonebridge’s leading operations executive further strengthens the company’s management team and its commitment to its diverse hotel

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Walton Global Acquires 52-Acre Parcel within the Serenity Pointe Master Plan in Denver

Walton Global, a leading asset management and global real estate investment company, has acquired Serenity North, a prime 52-acre parcel in Elbert County, as part of the larger Serenity Pointe Master Plan, which spans 374 acres. This transaction marks an important milestone in Walton Global’s plans to promote more residential space in Colorado and the

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Q&A with Dave Espinosa, Mortenson Project Executive

A seasoned project executive with Mortenson in Denver, Dave Espinosa, LEED GAA has led some of the company’s most impactful projects locally, including the renovation of 1740 Broadway at the Atrium, and the construction of Modern Aviation’s FBO terminal and hangar and the Rocky Mountain Public Media Buell Public Media Center. Espinosa is currently leading the construction of Mortenson’s

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Tech Markets Face Continued Challenges Due to the Impact of Remote Work

CommercialEdge just released its June U.S. office market report examining current market conditions, including the challenges tech markets face due to remote and hybrid work models. The cities with higher percentages of remote workers have seen significant increases in vacancy rates, and distress is expected to increase. Key findings from the report:   Overall, all leading Western markets

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Colorado to Avert Recession, says CSU Economic Forecast

The latest ColoradoCast, with a forecast through October 2023, shows the Colorado economy continuing to avert recession. In 16 the months of March and April, the actual economic growth exceeded the ColoradoCast and the forecast for the subsequentmonths is for largely positive, albeit weak, growth in the state’s economy. The latest model projects only one month

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3-Property Multifamily Portfolio on East Colfax Sells for $4M

The East Colfax Portfolio, a 26,662-square-foot, 36-unit, three-property multifamily portfolio, has sold for $4 million. Adam Riddle, Benton Adams and Austin Smith of Capstone brokered the transaction. The buyer, VareCo, was awarded these properties due to its strong Denver track record, ability to navigate the capital markets, and aggressively structured offer terms. VareCo plans to initiate a heavy

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Clark Hill Moves Denver Location to Expand Cannabis Practice

Law firm Clark Hill has moved its Denver office to a new location in the Lower Downtown district near Union Station. With the move, Clark Hill is doubling its square footage in Denver from 6,000 square feet to just over 12,000. The expansion reflects the success of Clark Hill’s Cannabis Industry Group and the firm’s

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WCG Celebrates Groundbreaking for Flatirons Golf Course Restaurant and Event Lawn

On Wednesday, June 14, White Construction Group (WCG) officially broke ground on the highly anticipated Flatirons Golf Course restaurant and event lawn. The ceremony was attended by project partners including Boulder City Manager Nuria Rivera-Vandermyde, members of the Boulder City Council, Parks and Recreation Director Ali Rhodes, Director of Golf Tom Buzbee, members of the

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