Author name: milehighcre

Hyde Development and Mortenson Properties Acquire Three-Building Industrial Portfolio

Peoria Business Center, a three-building industrial portfolio in Denver, has sold to Hyde Development and Mortenson Properties. Jeremy Ballenger, Tyler Carner, Jessica Ostermick and Jim Bolt with CBRE National Partners in Denver represented the seller, Invesco.  Peoria Business Center includes three Class A buildings totaling 592,573 sq. ft. located at 12330 E. 46th Ave., 12360 E. 46th Ave. and 13100

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Galloway Acquires Atlanta-Based Studio for Housing Design

Galloway & Company, Inc., a national architecture and engineering firm headquartered in Denver, has acquired Atlanta-based Studio for Housing Design, and its subsidiary Pucciano & Associates, creating a dynamic alignment of knowledge and culture. Studio for Housing Design brings a strong portfolio of award-winning projects for multifamily, military, student, and HUD housing throughout the southeastern U.S.,

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Mayor Mike Johnston Rolls Out Clean and Safe Downtown Initiative

Denver Mayor Mike Johnston announced earlier this month, the new Safe and Clean Downtown initiative, a collaborative and comprehensive plan to deliver a vibrant downtown Denver. As the economic and cultural center of our city, this program will create a downtown experience that is safe, clean and joyful. “Downtown Denver is the economic and cultural

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Denver Housing Authority Selects CEO Finalists

The Board of Commissioners of the Housing Authority of the City and County of Denver (DHA) has three final candidates under consideration to serve as its next CEO, following a national search and multiple rounds of interviews. Finalists include: Yvonda Bean – currently employed as the CEO at the Housing Authority of the City of

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KTGY Principal Kyle Millar Talks Affordable Housing Design

Kyle Millar, AIA, NCARB, principal in KTGY’s Denver office, has an architectural background largely focused on the technical phases from design development through construction. He primarily works within a variety of high-density residential projects ranging from 3-story walk-ups to mid-rise. His passion lies in turning design concepts into realities by producing creative, pragmatic, enduring and

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Choice Market Partners with Frictionless Checkout Leader

Choice Market, a Denver-based omnichannel retailer creating a technology-centric network of convenient, small-format markets and last-mile fulfillment centers, has partnered with Adroit Worldwide Media (AWM), a global leader in Computer Vision and Artificial Intelligence. The strategic partnership with AWM will allow Choice to rapidly scale it’s automated Mini-Mart format across multifamily developments, campuses, festivals, EV

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JE Dunn and SmithGroup Selected as Design-Build Team for Newest Laboratory on NREL Campus

JE Dunn Construction, alongside its design partner SmithGroup, has been chosen by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) to design and build a new research facility on the east side of NREL’s South Table Mountain Campus in Golden. The 127,000-square-foot Energy Materials and Processing at Scale (EMAPS) laboratory will be a

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Four Seasons Telluride to Launch Sales

Florida-based development firms Merrimac Ventures and Fort Partners have officially launched sales for the highly anticipated Four Seasons Hotel and Private Residences Telluride. The new joint venture is bringing the international brand to Telluride for the first time, establishing an unparalleled new branded residential experience in the one-of-a-kind mountain town that has not had a five-star offering built in

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Architectural Billings Index Showing Declining Projects

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.  With current data from mid-Q4 2023, the latest RLB quarterly cost report shows that the national average increase in construction costs was 1.32 percent over the previous quarter, with

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CRE Trends Report Unveils a Mixed Outlook Amidst Rising Interest

Denver-based Integra Realty Resources, one of North America’s largest independent commercial real estate valuation and consulting firms, has released its annual 2024 Viewpoint (CRE Trends) report, which can be downloaded here. The question for 2024 remains complex and multifaceted: How will the commercial real estate market adapt to the ongoing economic changes, including the uncertainty around

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