Author name: milehighcre

KTGY Wins Prestigious Design Awards for 3 Colorado Projects

KTGY, a leading full-service architecture, branding, interior and planning firm has earned 16 prestigious awards, including two Platinum and six Gold awards at the recent National Association of Home Builders’ (NAHB) awards events: Best in American Living Awards, The Nationals, Best of 55+ Housing Awards and the Multifamily Pillars of the Industry Awards. The awards recognize […]

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Aurora Apartment Community Sells for $143M

Intercontinental Real Estate Corporation, in a joint venture with MG Properties, has acquired Stone Cliff Apartments, a 394-unit garden-style multifamily community in Aurora for $143 million. Intercontinental will infuse fresh capital into the property, renovating unit interiors to maintain and enhance the community’s competitive position in the marketplace. Built in 2000, Stone Cliff includes one,

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Granite Properties Acquires First Avenue Plaza in Cherry Creek

In an effort to expand its portfolio of well-located, high-quality work environments, Granite Properties has acquired First Avenue Plaza, a two-building office complex consisting of 44 Cook Street, a 10-story, Class-A, 127,000 square foot building, and 55 Madison Street, an 8-story, Class-A, 137,000-square-foot building. Peter Merrion, Mark Katz and Hilary Barnett of JLL represented the seller, a fund managed by

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Transit-Oriented Apartment Project Tops Out in RiNo

Mica RiNo, a new apartment community that will bring 397 luxury for-rent residences to RiNo, has topped out. Overlooking Mission Ballroom, a top concert destination in the community, the building will also include a limited number of affordable units. The midrise project is the fourth joint venture between Hines and the Cresset Partners‘ Diversified Qualified Opportunity Zone (QOZ)

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Taylor Kohrs Completes Construction of Affordable Senior Housing Project in Colorado Springs

Taylor Kohrs, a Colorado-based general contractor for nearly 40 years, recently completed construction of a 54-unit, senior affordable housing complex in Colorado Springs: The Atrium at Austin Bluffs. The 49,000-square-foot facility consists of a mix of one-and two-bedroom units in a three-story building with integrated amenity spaces and parking. The project – designed by Kephart

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Sprouts Farmer’s Market Opens at Shopping Center in Green Valley Ranch

Development plans are progressing well at Evergreen Devco’s grocery-anchored shopping center on the northeast corner of 56th Avenue and Tower Road in Denver. Evergreen completed construction of a 23,300-square-foot Sprouts Farmer’s Market last month and the much-needed store is now open. “We are very excited to deliver this beautiful, much-needed grocery center to the Gateway and

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Hilltop Reserve Set to Elevate Senior Living for Colorado’s Fast-Growing Senior Population

With a focus on its strong Colorado roots and continued commitment to delivering the highest quality range of senior living options in a safe, healthy environment, Ascent Living Communities (ALC) has opened its newest, full-service senior living community, Hilltop Reserve. Located at the intersection of Leetsdale Drive and Holly St. (525 S. Holly Street), Denver’s newest senior living

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Marshdale Elementary School Campus Tops Out

GH Phipps has announced the topping out of the new Marshdale Elementary School campus in Evergreen. The architect is Hord Coplan Macht. The new 68,875-square-foot, single-story elementary school will feature a more modern atmosphere in the classrooms and common areas including the gymnasium, performance art area, and cafeteria. New improvements are being made to administration

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Material Costs Set to Moderate in First Quarter 

According to Linesight’s fourth-quarter  Commodity Report and price forecast, prices for construction materials are expected to decline in 2022 after hitting record highs last year. Much of the inflationary pressure on prices was due to shortages prompted by pandemic-related supply chain issues, increased global demand, labor disruptions, and extreme weather. However, with the passage of

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