Author name: milehighcre

Movers and Shakers Week Ending 03.18.22

i2 Construction Adds Five New Hires i2 Construction, a Denver-based full-service commercial general contractor, recently welcomed five new employees to its team: Garrett Luallen as project manager; Bob Parlett as superintendent; Megan Gautreaux as business development coordinator; Megan Bailey as assistant project manager; and Zane Knapp as a project superintendent. “We are honored and grateful to have added such […]

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Vintage Multifamily Property in Aurora Sells for $29M

Denver-based owner/operator Summit Communities has acquired Highline Lofts Apartments, a 112-unit, 1972-vintage multifamily property located at 456 South Ironton Street in Aurora, for $29,075,000 million. Northmarq’s Colorado Multifamily Investment Sales team of Alex Possick, Rich Ritter and Seth Gallman listed represented the seller, Lowe Property Group. “The sale of Highline Lofts Apartments is an excellent example

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ToolWatch Releases Fully Web-Based User Experience for Construction Asset and Operations Management Platform

ToolWatch Corporation, a Denver-based provider of tool tracking and construction operations management software, has expanded its flagship software platform to offer a fully web-based user experience. This development makes the full ToolWatch platform accessible from any device, includes a redesigned user interface, and will support faster and more innovative improvements in the future. Jay Martin, CEO of

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Access 25 Logistics Park in Northern Metro Denver Launches First Spec Building

As industrial space sees record levels of demand across metro Denver, Access 25 Logistics Park, a 300-acre industrial park under construction in Mead, has launched its first speculative building that will deliver 120,250 square feet in the fourth quarter of 2022. The innovative, new logistics park by Broe Real Estate Group (BREG) will bring 3 million

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Invest in Solar to Maximize Available Incentives

By John Shaw, co-owner and commercial solar project developer, Namaste Solar Why Solar? The opportunity to earn a compelling return on investment by installing clean solar power on your commercial property has never been greater. Corporate tax rules allow up to 100% depreciation in the first year for solar installations. In conjunction with the 26% Federal Investment Tax

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World’s Largest Solar Powered Steel Plant Breaks Ground

Evraz North America, a Chicago-based engineered steel producer, has partnered with Lightsource BP and Xcel Energy to build the world’s largest solar-powered steel plant in Pueblo, Colorado. A 300-megawatt solar farm will power Evraz’s Rocky Mountain Steel mill facility, using more than 750,000 solar panels on 1,800 acres. According to IEA, the steelmaking industry generates about

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PACE Equity, New Buildings Institute Introduce New Financing for Low Carbon Buildings

PACE Equity and New Buildings Institute have introduced CIRRUS™ Low Carbon, a new form of financing for owners and developers to benefit from a differentiated cost of capital when they build a low carbon building. The program encourages owners/developers to use C-PACE financing with lower rates when they build more efficient buildings, providing a practical and financially

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Industrial Constructors/Managers, Inc. Contracted to Fab and Erect New G150 Facility at Molson Coors Brewery in Golden

Industrial Constructors/Managers, Inc. (ICM), a Class A general contractor specializing in industrial construction and plant maintenance, will partner with Hensel Phelps to help Molson Coors build a new modernized facility that will be responsible for the brewery’s fermenting, aging, filtration and cellaring systems. The project is part of Molson Coors’ G150 plan to overhaul and

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Mortenson Completes MOB at Candelas Community

A new 43,732-square-foot Class A medical office building is now open at the intersection of West 91st Place and Candelas Parkway in Arvada. The facility, anchored by SCL Health, will serve the growing Candelas master-planned community, providing convenient access to primary care physicians in a high-growth area of Arvada. Mortenson Development, Inc., partnered with Seavest Healthcare Properties,

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Groundbreaking: The View at Castle Rock

A groundbreaking celebration was held last week for The View at Castle Rock, a $70 million project that will include 221 apartments, 14,242 square feet of office space and 5,000 square feet of retail space.  The six-story project is located at Sixth and Jerry Streets and is expected to generate $6.2 million in new tax

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