Author name: milehighcre

Real Estate Industry Sentiment Remains Strong Despite Slight Decline

The RCLCO’s Real Estate Market Sentiment Survey that tracks confidence in U.S. real estate market conditions, took a dramatic dive in mid-2020 due to the speed and intensity of the economic downturn sparked by COVID-19, hitting its lowest level in the history of the series (9.2). Market sentiment spiked to 89.1 in mid-year 2021, as vaccination […]

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Construction Begins on MOB and Two Retail Buildings at Nine Mile Corner in Erie

Evergreen Devco, Inc., a leading retail and multifamily development company, recently broke ground on a UCHealth medical office building and a pair of multi-tenant retail buildings at the Nine Mile Corner mixed-use project in Erie, Colorado. Waner Construction Co., Inc., is the general contractor for all three buildings and G3 Architecture, Inc. is the architect.

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First Luxury Senior Housing Development Planned for RidgeGate Community

Upon City approval, Denver-based Experience Senior Living Development (ESLD), a NexCore-owned company, will break ground in Q4 of 2022 on a 200-unit seniors housing community within the RidgeGate community in Lone Tree. According to ESL President Phill Barklow, The Reserve at Lone Tree will consist of a nine-story building featuring 124 independent living units and a five-story

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Homegrown Tap & Dough to Open Third Location in Littleton

Homegrown Tap & Dough will be opening a third location, this time in the Ken Caryl neighborhood, located at 12622 W Ken Caryl Ave, mid-February, marking another strategic expansion for Denver’s Gastamo Group. The new location has the same classic Italian menu and quintessentially Colorado vibe with gondolas for dining as the first two locations,

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Alpine Investments to Begin Construction of Six-Story Multifamily Project in Englewood

Developer Alpine Investments has received $24.9 million in construction financing for the development of a 119-unit, Class A, mid-rise apartment complex in the south Denver community of Englewood. JLL worked on behalf of Alpine Investments, to secure a $24.9 million30-month, floating-rate, non-recourse construction loan through a national bank, led by Senior Managing Director Leon McBroom

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Movers and Shakers Week Ending 01.21.22

i2 Hires New Superintendent and Preconstruction Manager i2 Construction, a Denver-based full-service commercial general contractor recently welcomed two new professionals to its team: Rachel Hottor as preconstruction manager, and Ken Fowler as superintendent. Fowler has three decades of experience in the industry, working on historical site remodels, state & federal projects, multifamily, restaurants, T.I., as

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Renovation of Denver Central Library Underway

GH Phipps is underway with the renovation of the Denver Central Library. The $40 million, 540,000-square-foot project includes a two-story event space, renovation of the pavilion entrance space, a new children’s library, and six floors of new bathrooms with a state-of-the-art sanitary waste system. The architect for the project is Studiotrope Design Collective. The existing space

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Troy Guard and TAG Restaurant Group Launch Marshall Fire Relief

TAG Restaurant Group, helmed by Denver restaurateur Chef Troy Guard, is on a mission to raise funds to help the communities affected by the devastating January Marshall Fires with a fundraising program benefiting Boulder Community Foundation. The group aims to raise $50,000 in the next 30 days, with a goal of matching $25,000 in guest

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Two Distribution Buildings within 76 Commerce Center Change Hands

As industrial demand in Denver accelerates amid the pandemic-fueled growth of e-commerce and warehouse inventories, Principal Real Estate Investors has purchased two buildings within 76 Commerce Center, a Class A logistics park in Denver’s I-76 corridor, from sellers Mortenson Properties, Inc. and Hyde Development. Buildings 4 and 5 total 618,480 square feet and are fully leased.

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Affordable Senior Housing Project Breaks Ground

The Housing Authority of the City of Aurora (AHA) has begun the construction of Liberty View at Fitzsimons on a 2.3-acre site located next to the Veterans Community Living Center at Fitzsimons. The $20 million tax credit financed deal has been in the works for more than a decade and will create 59 independent living apartments

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