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Denver Housing Authority to Clean Up and Develop New Housing at Abandoned Tank Farm

Leave a Comment / Affordable Housing, Construction, Development, Energy /

At a recent event held at the newly-opened Thrive Apartments in Denver’s Sun Valley neighborhood, Kelly Watkins of the U.S. Environmental Protection Agency (EPA) Region 8 office joined Denver Mayor Michael Hancock; Denver Housing Authority CEO David Nisivoccia; U.S. Department of Housing and Urban Development Deputy Regional Administrator, Erik Amundson; Denver City Council President, Jamie Torres; and

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Saunders Construction Inc. Launches Saunders Concrete Structures

Leave a Comment / Construction, CRE People, Development /

Saunders Construction, Inc. has announced a new corporate business unit: Saunders Concrete Structures, LLC, which will focus on cast-in-place, place and finish, architectural, and tilt-up concrete projects throughout the Rocky Mountain region. As a trade partner to local general contractors in the market, Saunders Concrete Structures increases speed to market for concrete services, while continuing to

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NexGen Properties Buys Boutique Office Building in Greenwood Village

Leave a Comment / Brokerage, Development, Office /

Greenwood Village-based NexGen Properties, a private real estate acquisition, development, and investment firm, has purchased a 51,527-square-foot two-story, multi-tenant boutique office building located at 384 Inverness Parkway, in an all-cash transaction for an undisclosed price well below replacement cost. Cushman & Wakefield’s Aaron Johnson and Jon Hendrickson represented the seller San Francisco-based Graham Street Realty in the sale. Constructed in

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253 Affordable Housing Units Break Ground in Park Hill

Leave a Comment / Affordable Housing, Construction, Development /

The largest city-funded affordable housing project to break ground since the formation of Denver’s Department of Housing Stability (HOST) in 2019, officially broke ground in June. Construction is now underway on Holly38, which will provide 253 income-restricted units, including a large portion of three- and four-bedroom homes suitable for larger families. “Everyone should have the

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

Leave a Comment / Construction, Design, Hospitality /

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

Leave a Comment / Awards, Design, Development, Engineering /

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

Leave a Comment / Movers and Shakers /

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

Leave a Comment / Construction, Development, Investment, Land Sales /

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

Leave a Comment / Construction, CRE People, Development, Feature, Q&A /

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

Leave a Comment / Development, Office, Technology /

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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