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Zeppelin Development to Construct A-Frame Village in Winter Park

Leave a Comment / Architecture, Construction, Design, Development, Hospitality /

Zeppelin Development recently closed on a $5 million construction loan through FirstBank, to begin construction of A-Frame Club, a unique hospitality project in Winter Park. Zeppelin purchased the 2-acre site in February 2020 for $1.5 million. According to Oregon-based Skylab Architecture, the architect for the project, the 14,260-square-foot project will consist of 31 newly-constructed cabins, integrated

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Climate Change

Denver Moves to Hire Head of Urban Design

Leave a Comment / Design, Development /

As Denver’s recovery moves forward, the city’s Department of Community Planning and Development is looking to elevate the role of urban design in preparing Denver for the future while preserving our historic buildings and staying true to Denver’s heritage. The department will hire a City Urban Designer to lead and champion this effort. This individual will bring

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Embrey Closes on Land Site for Multifamily Project at The District in Centennial

Leave a Comment / Construction, Design, Development, Multifamily, Transit /

San Antonio-based Embrey Partners, LLC has closed on its site purchase for Hensley at The District, a 304-unit multifamily community project with neighborhood walkability and easy access to jobs, shopping and entertainment. Embrey purchased the site from Denver-based Brue Baukol Capital Partners. The project is a six-story multifamily wrap-style project that will help create a pedestrian-oriented

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Apartments Under Construction at Canyonside Master Planned Community in Castle Pines

Leave a Comment / Construction, Development, Multifamily /

Denver-based BMC Investments (BMC) has commenced construction on Canyonside Apartments, a new, 325-unit multifamily community located within Canyonside at Castle Pines, the mixed-use neighborhood within the Canyons master planned community in Castle Pines. The property will be one of the only rental options in the community and are expected to deliver in summer 2023. BMC Investments’ partner on the project is Rockpoint, a premier

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Three-Building Retail Asset in Westminster Sells for $9.85M

Leave a Comment / Brokerage, Retail /

A retail portfolio comprising three inline shop buildings located within the Westminster Crossings shopping center in Westminster has sold for $9.85 million. Totaling 28,705 square feet of gross leasable space, the multi-tenant asset is 100 percent leased to a strong roster of national and regional tenants. The buyer was Colorado-based Coco’s Place, LLC, which acquired

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Denver Downtown + Southeast Office MarketView Q2

Leave a Comment / Construction, Development, Office, Reports /

CBRE has newly released two research reports, Denver Downtown Office MarketView Q2 2021 and Denver Southeast Office MarketView Q2 2021. Fundamentals in the downtown Denver office market exhibited slight improvement and office fundamentals in the Southeast submarket flattened as the COVID-19 pandemic endures. Downtown Summary: Negative net absorption of 157,830 sq. ft. was recorded during Q2

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38-Unit Denver Apartment Property Sells for $10.1M

Leave a Comment / Brokerage, Multifamily /

Pinnacle Real Estate Advisors, LLC announced the sale of Cherry Street Apartments located at 831 and 861 North Cherry Street in the Hale neighborhood of Denver. The 38-unit property, built in 1948, recently sold for $10,150,000; $267,105 per unit and $379.30 per square foot. Robert Lawson, principal, represented the unnamed buyer in the transaction. The turn-key property,

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Central Park Urban Living Condos Welcomes Residents

Leave a Comment / Affordable Housing, Condominium, Development, Events, Transit /

On July 14, a Grand Opening event was held to welcome new residents to the Central Park Urban Living Condos, the first 100 percent affordable condominium project developed in Colorado since the state’s condominium legislation was passed. The 132 unit transit oriented condo project, developed by Northeast Denver Housing Center (NDHC), gives households in Denver the

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CREW Denver Holds Mid-Year Economic Forecast

Leave a Comment / Construction, Development, Events, Hospitality, Industrial, Multifamily, Office, Rent, Reports, Retail /

On July 14 CREW Denver held its Mid-Year Economic Forecast and happy hour at the University of Denver Knoebel Events Center. Patty Silverstein, president and chief economist of Developmental Research Partners, gave her economic forecast for 2021 which included trends in the commercial real estate and construction industry. Silverstein shared a presentation about tracking the great

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Common Questions About Commercial Solar Energy

Leave a Comment / Development, Energy, Feature, Sponsored Content /

By John Shaw An increasing number of businesses are boosting cash flow while also differentiating their business. They are investing in solar to capture waning tax benefits, reduce operating expenses (OpEx), and meet environmental, social and governance (ESG) criteria. Navigating the complexities of a solar capital energy improvement can be challenging, so we’ve answered some of the most

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