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Gym Property in Buena Vista Awarded Brownfields Cleanup Grant

Leave a Comment / Construction, Development, Education, Recreation, Renovation /

The U.S. Environmental Protection Agency (EPA) today announced Watershed NP, Inc., will receive a $979,222 Brownfields Cleanup Grant, funded by the Bipartisan Infrastructure Law, to clean up the 5,450-square-foot former McGinnis Gymnasium at 113 North Court Street in the City of Buena Vista, Colorado. EPA’s award for the Buena Vista project is among six Brownfields

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Alliance Construction Solutions Completes Construction of Stanley House Apartments

Leave a Comment / Architecture, Construction, Development, Multifamily /

Alliance Construction Solutions (Alliance), a Denver-based general contractor, has completed construction on Stanley House Apartments. The project had a construction start in July 2021 with the celebration of a successful Topping Out event in 2022. “This has been a great project to work on, which is a testament to the strong team we had. From

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Granite Capital Group Closes $46M Sale of Multifamily Community in Henderson

Leave a Comment / Brokerage, Multifamily /

Granite Capital Group (GCG), a Santa Barbara, Calif. real estate investment firm with multiple real estate holdings in Colorado, Montana, Texas and California, has completed the $46 million sale of Enclave Belle Creek, a 167-unit multifamily and townhome community in Henderson, Colorado. The name of the buyer was not disclosed. The property was first acquired

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Brookfield Residential Announces Land Acquisition in Central Park

Leave a Comment / Development /

Building on its mission to create developments that seamlessly integrate into the community, Brookfield Residential has announced the acquisition of 1.499 acres of land in the heart of Denver’s Central Park neighborhood, where 37 townhomes will soon be developed. The home builder and land developer has built 182 homes in Central Park to date, and thousands

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LA-Based Investment Firm Secures $73M Loan for First Multifamily Development in Colorado

Leave a Comment / Architecture, Construction, Development, Multifamily /

Banyan Residential, an LA-based real estate investment firm, has closed a $73 million loan to finance the construction of Banyan High Point, a 399-unit multifamily development in Aurora. The project is being developed in collaboration with Bridge Investment Group. Construction is expected to begin in early June 2023 with estimated completion slated for Q1 2025.

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B:Side Capital Honors Collegiate Peaks Bank with its 2022 Emerging 504 Bank Award

Leave a Comment / Awards, Finance, Reports /

B:Side Capital, a mission-based nonprofit small business lender, has awarded Collegiate Peaks Bank with the Emerging 504 Bank Award, highlighting its dedication and partnership in Small Business Administration (SBA) lending. Every year, B:Side Capital recognizes its partner lending institutions that have gone above and beyond to support the small business community through SBA lending. As

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Denver-Based Avanti Acquires Kansas City Apartment Community

Leave a Comment / Development, Investment, Multifamily /

As part of a continued effort to seek compelling investment opportunities in the Kansas City market, nationwide multifamily investor and operator Avanti Residential has acquired the 308-unit Summit Square apartments in the Kansas City metropolitan area for $80 million. Avanti now owns eight apartment communities in the greater Kansas City market as the firm continues

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data center

CoreSite Expands Data Center Footprint in Denver and Silicon Valley

Leave a Comment / Construction, Data Centers, Development, Energy /

CoreSite, a leading hybrid IT solutions provider and a subsidiary of American Tower Corporation, today announced the continued expansion of its Denver and Silicon Valley data center campuses, to meet the dynamic digital infrastructure requirements of public and private cloud providers, enterprises, network, and service providers. As a leading interconnection provider, CoreSite is adding its

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Denver

Navigating Denver’s Housing Shortage in an Era of Transformation

Leave a Comment / Affordable Housing, Construction, Design, Development, Feature, Multifamily /

By Adam Berkelhamer, AIA, associate principal, FitzGerald The City of Denver is evolving. The 2020 U.S. Census tracked a population growth within the city of nearly 20 percent over the ten years prior, and this kind of growth naturally brings about change. A city that was long considered a bargain for those seeking access to

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“Expanding Housing Affordability” Deadlines Extended for Existing Projects

Leave a Comment / Construction, Development /

On Monday, May 22, Denver City Council voted in favor of extending the deadlines of the city’s Expanding Housing Affordability (“EHA”) ordinances. The extensions maintain the intent of the ordinance as originally adopted by allowing adequate time for existing projects to move through development permitting. The extensions do not apply to any projects that were

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