The U.S. economy at midyear is booming, but costs are moving just as fast. U.S. CPI jumped 0.9% on both the headline and core rates in June, surprising many. The June monthly headline is the largest surge since 2008, while the core reading is the biggest gain since late 1981, according to Labor Department data. Rick Pederson, […]
Q&A with Rick Pederson, Vice Chairman of Bow River Capital Read More »
As the department store industry continues to face extreme pressures, the owners of The Streets at SouthGlenn, Alberta Development Partners and Northwood Investors, recently submitted plans to the City of Centennial to allow for redevelopment of a vacant Sears and soon-to-close Macy’s on the site into hundreds of apartments. The Streets at SouthGlenn is a mixed-use center that includes shopping,
Developers Push to Replace Sears and Macy’s Stores with Multifamily Read More »
On Wednesday, Aug. 25, a new supportive housing community will break ground in Colorado Springs. The Commons, located on the east side of Colorado Springs at 3770 E. Uintah Street near the Citadel Mall, is a partnership between Colorado Springs-based Homeward Pikes Peak (HPP) and Denver-based affordable housing nonprofit Rocky Mountain Communities (RMC). The project will include two phases with up to 120
New Affordable Housing Community to Break Ground in Colorado Springs Read More »
The Denver office of HNTB — an employee-owned infrastructure firm serving public and private owners and contractors — recently hosted a networking event for minority- and women-owned enterprises and disadvantaged businesses in the area. More than 65 people with 26 firms attended the event. HNTB staff facilitated introductions between the firm and various agencies, identifying synergies between
HNTB Holds Networking Event for Minority and Women-Owned Companies Read More »
BC Interiors, a Boulder-based workplace solutions firm that creates innovative working and learning spaces for the commercial and educational markets, has been acquired by established business leaders David Chapman and Laura Boyd Chapman. Incoming President and Co-Owner David Chapman is a strategic and operational leader with more than 20 years of experience growing companies. Creative
Boulder Workplace Solutions Company Purchased by David Chapman and Laura Boyd Chapman Read More »
Owner and developer Comunale Properties has begun the construction of Mulberry Connection in Fort Collins. The new two-building development will total 164,200 square feet of Class A industrial/distribution and showroom space located at 3874 & 4036 Redman Dr. Situated on nearly 13 acres immediately off of Interstate 25, the project is expected to deliver shell
Groundbreaking: Class A Industrial Facility in Fort Collins Read More »
San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 200-unit Enchanted Springs apartment community in Colorado Springs. Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company. The community, built in 2020, is located in a steady submarket of the Colorado Springs metro area, with median home
Hamilton Zane Purchase Colorado Springs Apartment Community Read More »
NAVA Real Estate Development Announces the Promotion of Sarah Stone to Vice President of Marketing NAVA Real Estate Development, a Denver-based real estate development and investment firm known for its socially-minded and sustainable development approach throughout Colorado, announced today the promotion of Sarah Stone to vice president of marketing. Stone is involved with all aspects of
Movers and Shakers Week Ending 08.20.21 Read More »
Apartment construction remains strong this year, with over 330,000 new rental units expected to be delivered nationwide. Despite challenges brought by the pandemic, projections are comparable to the previous four years of the construction boom. While eight out of the top 20 metros are expected to hit a five-year high of new apartments, according to RENTCafé’s
Apartment Construction Rates in Denver Down by 46% Compared to Last Year Read More »
The first phase of ArtPark Community Hub, a new creative center in the Five Points neighborhood for innovation, education, small business and community building, is now complete. Located at 35th Street and Arkins Court in Denver, the $4.5 million ArtPark is an adaptive reuse project built by RiNo Art District, a 501(c)(6) nonprofit grassroots arts organization. The
First-of-its-Kind Center for Creativity Opens in Five Points Read More »
