Author name: milehighcre

CBRE Hotels Raises Outlook for Second Half of 2022, Expects Continued Growth in 2023

CBRE is raising its forecast for hotel performance in Denver and nationally on the heels of industry gains in Q2 2022 and the expectation of slightly positive GDP growth in 2023. In Denver, CBRE revised its forecast for 2022 to a gain in revenue per available room (RevPAR) of 33.4 percent, up from the previous […]

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Movers and Shakers Week Ending 09.23.22

OLC Adds New Hire Ashley Sayre to its Denver Office OLC (Ohlson Lavoie Corporation) announced the addition of a new team member in its Denver office. Ashley Sayre will fill the role of administrative marketing assistant, responsible for supporting the efforts of OLC’s marketing team. Ashley is a Colorado native and has 15+ years of experience in administration and

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Colorado Public Radio Welcomes Honeybees to Rooftop

Through a partnership with Free Range Beehives, Colorado Public Radio recently installed three beehives on the roof of its new headquarters at Bridges Broadcast Center in Centennial. “When we found out this was an option for our building, we began exploring it right away,” said Stewart Vanderwilt, president and CEO of CPR. “It’s a great

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18-Story Apartment Community Planned for the Golden Triangle

A new luxury high rise apartment community is planned for the Golden Triangle. Located at 808 N. Lincoln, the new 18-story community will offer 330 residences with luxury amenities as well as 5,000 square feet of ground floor commercial space. The developer, Trailbreak Partners, has engaged Hord Coplan Macht (HCM) as the architect on the project concept,

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MTech Raises Over $85,000 for Suicide Prevention

MTech Mechanical held its third annual Samborski Memorial Clay Shoot on Saturday, August 27, 2022 at Kiowa Creek Sporting Clays. MTech donated a total of $86,000 shared between the Suicide Prevention Coalition of Colorado & Rocky Mountain Crisis Partners. “The statistics about the suicide rates in the construction industry are very concerning. More than 6,000

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Downtown Denver in Top 10 for Residential Revival

The renaissance of the American downtown as a place to live has come in response to people’s changing attitudes and lifestyle preferences. Even as working from home enabled families to move to more affordable suburbs or to less expensive parts of the country, many people are heading back to city centers to take advantage of

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Cuningham Achieves Net Zero Carbon Across Firm’s Internal Operations

Cuningham, a national design firm, is proud to announce its internal operations are officially Net Zero Carbon. After a four-year effort to better understand the firm’s impact on the global environment, Cuningham — which has over 260 employees across six U.S. offices, including Denver — is now making a commitment to reduce and offset 100

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JHL Marks Several Project Milestones in Colorado

JHL Constructors (JHL) marked several project milestones in September, supporting communities across Colorado, including Commerce City, Grand County, Thornton, and Aurora. “Never is there a dull summer when you’re a school builder and this one was no different,” said Mario Cappella of JHL Constructors. “Our commitment to ‘Building Colorado’s Future’ is alive and well with another successful summer of delivering schools

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AIA Report: Demand for Design Services Accelerates

Demand for design services from U.S. architecture firms grew at an accelerated pace in August, according to a new report from the American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score for August rose to 53.3 compared to 51.0 in July (any score above 50 indicates an increase in billings). During August, the

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Newly Renovated Apartment Community in Arvada Sells for $4.95M

Knightbridge Capital, a Denver-based real estate investment firm, announced today the disposition of Newland Way Apartments,  Arvada, a 23-unit property, built in 1972. Located at 5502 Newland Way, the property sold for $4,950,000; $215,517 per unit and $291.73 per square foot. The name of the buyer was not disclosed. Acquired 14 months ago for $3,295,000, Knightbridge

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