Author name: milehighcre

How Denver’s ChefReady Virtual Kitchen is Committed to Earth Day, Every Day

By Nili Malach Poynter, co-founder of ChefReady virtual kitchens Like any industry, the restaurant industry has a deep carbon footprint. The US throws away more food than any other country in the world, with nearly 80 billion pounds of food wasted per year – an estimated 30 to 40 percent of the country’s entire food […]

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Movers and Shakers Week Ending 04.22.22

Design Workshop Foundation Names Sarah Konradi as its First Executive Director Design Workshop, an international landscape architecture, planning and urban design firm, announced it has named Sarah Konradi as executive director of the Design Workshop Foundation. Established as a 501(C)3 in 2014, the mission of the foundation is to advance society’s capacity to plan and

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Denver’s New Condo Project Raises the Bar on Affordability and Sustainability

By Nate Huyler New construction of for-sale condominium projects is few and far between in Denver. At the affordable level, there have been none. La Tela, one of Denver’s newest developments, was conceived to change that. The condos provide a rare homeownership opportunity for Denver’s workforce. It does this with an attractive, high-quality contribution to the urban neighborhood

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$101.3M Financing Arranged for New Thornton Industrial Project

JLL Capital Markets has arranged a $101.3 million loan to refinance and complete the construction of 25 North, a 936,775-square-foot industrial complex with three newly constructed and six to-be-built buildings in the Denver-area community of Thornton. JLL worked on behalf of the borrower, a joint venture between two experienced industrial developers, Denver-based EverWest Real Estate

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National Western Center Launches Largest Wastewater Heat Recovery System in the USA

The National Western Center (NWC) and its partner EAS Energy Partners (EAS) today held a ribbon-cutting event to celebrate the completion of the largest wastewater heat recovery system in the United States. The NWC campus will source nearly 90 percent of its heating and cooling from a recycled source of thermal energy — a sewer pipeline that

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Rider Levett Bucknall Report: New Challenges Impacting the Construction Industry

International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide an on-the-ground picture of construction activity in 14 key North American markets and data-driven insights into the industry. While the surge of the COVID-19 Omicron variant is subsiding, pandemic-induced problems

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Denver’s Largest Class A Office Project Breaks Ground this Week

This Thursday, April 21, Riverside Investment & Development Company in partnership with Convexity Properties and Canyon Partners Real Estate will officially break ground on 1900 Lawrence, a Class A trophy office tower in downtown Denver. The 30-story project, totaling over 700,000 square feet of office space and 10,000 square feet of ground-level retail, will be the

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Colorado Springs Healthcare Portfolio Sells to Denver-Based Partnership

A 241,232-square-foot flex/office/healthcare portfolio in Colorado Springs, known as Interquest I-IV, has sold to a Denver-based private partnership. The portfolio consists of four single-story Class A buildings located at 9925, 9945, 9950 and 9960 Federal Dr situated within the larger Interquest Business Park. A sale price was not disclosed. At the time of sale, the portfolio

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Construction Begins on 62-Unit Affordable Senior Community in Virginia Village

A new affordable senior living community has begun construction in Denver’s Virginia Village neighborhood through a joint venture between local real estate development firms Lexton McDermott and Kentro Group. Scheduled for completion by the end of this year, Lynwood Senior Apartments was designed by Lewis Himes Associates and the project’s general contractor is Brinkman Construction. Located

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New Xcel Energy Commercial Electric Rates Could Save You Thousands

By Rachel Mountain The below is relevant to all commercial properties but is most straightforward and pertinent to owner-occupied and gross lessors: As commercial property owners, you have a lot to manage, so electric rate changes might not be top of mind. Recently, Xcel implemented a rule change in the demarcation between Secondary General (SG) and Commercial

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