Author name: milehighcre

GE Johnson Completes Vail Health Hospital Expansion

On Tuesday, December 1, Vail Health Hospital’s new east wing opened to the public. GE Johnson broke ground on this $141 million project in 2018 to bring a modernized healthcare experience to the residents and visitors of the Vail Valley. Designed by Davis Partnership Architects, the expansion includes a new lobby, plaza, emergency department, and […]

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Denver Senior Living Community to Establish “Whole Health Standard”

Confluent Senior Living, and its partner/operator MorningStar Senior Living have broken ground on a new community located in Denver’s iconic Observatory Park neighborhood. MorningStar at Observatory Park represents the partnership’s 13th location within its portfolio, and its first urban infill location in Denver, which will establish a future home for local Denver-based residents who wish

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Emerging Trends in Real Estate 2021: ULI Report

By Katie Rapone, editor Mile High CRE The Urban Land Institute’s Emerging Trends in Real Estate® 2021 report highlights the trends shaping the real estate industry. The report, which includes proprietary data and insights from more than 1,600 leading real estate industry experts, explores how COVID-19 accelerated many existing trends like retail footprint reductions, spawned

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USA Triathlon of Colorado Sells Office Building, Remains Tenant

Local investment group Dormie Capital Partners has purchased a three-story, 40,084-square-foot office building located at 5825 Delmonico Drive in Colorado Springs, for $4.65 million. Newmark Managing Director Brian Wagner and Director Mark O’Donnell, Jr. represented the owner/user, USA Triathlon of Colorado in the sale. This is the sixth transaction the Newmark team has completed for USA Triathlon of Colorado since

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Aurora Housing Authority Completes Affordable Housing Renovation

The Housing Authority of the City of Aurora (AHA) has finished a yearlong effort to update Connections at 6th, an affordable housing property located at 6th Avenue and I-225. The complex is home to 68 units of housing originally built in 2001. With a $6.6 million investment, 68 units have been preserved and upgraded for

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Denver’s First Cold Storage Spec Project Under Construction

Karis Cold Storage (Karis Cold), a Chicago-based private real estate investment and development company exclusively focused on the cold storage industry, is currently constructing Denver’s first speculative cold storage facility in Brighton. 76 Freeze, a 247,032-square-foot state-of-the-art, multi-temperature facility, is scheduled for completion in October 2021. “We’ve been tracking the lack of quality supply and

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Aspen Snowmass to Debut All-Electric Slope-Side Development

East West Partners will begin construction this April on Electric Pass Lodge in Aspen Snowmass — one of the first of its kind slope-side, ski in/ski out for-sale residences that is 100 percent powered by renewable energy. The building will include 53 ski-in/ski-out, for-sale residences at the base of the iconic Snowmass ski area. The project is

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Speculative Mixed-Use Project in Boulder Receives Construction Financing

Developer, Phil Day of PMD Realty has received construction financing for the redevelopment of 1102 Pearl Street, in Boulder. The 3-story mixed-use project will consist of 17,961 rentable square feet, featuring ground floor retail, office use on the second floor, and luxury multifamily rental units on the third floor. The corner development site — located at 11th

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Stantec Designs Boulder Valley School District Facility

To help best serve its 31,000-student network, the Boulder Valley School District (BVSD) recently completed its new administrative campus project. Global design firm Stantec provided project management, master planning, landscape design, architecture, lighting design, and interior design on the project. The campus redesign creates a separate, modern transportation hub; a central Culinary Center for school

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CBRE Completes Series of Small-Format Retail Property Sales

Despite the pandemic, the retail investment sales market in Colorado remains active. CBRE has announced the sale of six small-format retail properties located throughout metro Denver and Colorado Springs, totaling over $19.0 million. Brad Lyons, Matthew Henrichs and Parker Brown of CBRE Capital Markets, National Retail Partners, represented the sellers in six individual sales. “Investors

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