Author name: milehighcre

Two-Building Office Portfolio in DTC Sells for $28.7M

TerraCap Management, a privately held investment firm with its headquarters in Estero, Florida, has purchased the DTC Collection, a two-building, 181,763-square-foot office portfolio located at 5575 DTC Parkway and 4949 South Syracuse Street in Denver, for $28.7 million. Terrace at Orchard Station, located at 5575 DTC Parkway, is a three-story building totaling 115,050 square feet on 6.11 acres. Built

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Construction Underway on Lafayette Active Adult Community

Construction is underway on Lafayette’s newest affordable, 55+ active adult community, Traditions at Lafayette. Located at 2500 South Public Road, just behind the Good Samaritan Medical Center, the project is being developed by Inland Group. Upon completion, the four-story, 127,000-square-foot building will include 133 units made up of studio, one- and two-bedroom layouts. Residents will

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10-Building Multifamily Property in Northglenn Sells for $40.6M

Avanti Residential, a multifamily residential company, has sold its 230-unit Highland Way multifamily property in Northglenn, to Summit Communities for $40.6 million. Located at 11310 Melody Drive, the 155-890-square-foot property built in 1973 includes 10 buildings with studio, one- and two-bedroom units featuring fully equipped kitchens, open living and dining areas, walk-in closets and private balconies or patios.

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Movers and Shakers Week Ending 11.06.20

Anderson Hallas Architects Hires New Team Member Anderson Hallas Architects welcomes Chelsea Rooney, AIA, project architect to the firm. As an undergraduate, Chelsea studied abroad in Genoa, Italy, which sparked her interest in historic architecture, preservation, and the connection between historic and modern structures. She is intrigued with making historic structures relevant and useful centuries

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Saunders Publishes 10th Consecutive Corporate Social Responsibility Report

Saunders Construction is celebrating the 10th anniversary of its Corporate Social Responsibility (CSR) Report. Started in Fall 2009 by an eager group of Saunders employees who also started the Green Committee, Saunders’ first annual CSR Report was published in 2010. This committee was charged with researching and implementing a comprehensive CSR program, and it still stands today

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ACEC Colorado Announces 2021 Engineering Excellence Award Winners 

The American Council of Engineering Companies of Colorado (ACEC Colorado) honored 16 Colorado consulting engineering firms’ design and research projects during its Engineering Excellence Awards (EEA) virtual presentation on Nov. 2. The ACEC Colorado annual EEA program recognizes consulting engineering firms for projects that demonstrate an exceptional degree of innovation, complexity, achievement and value. This

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Border States Industries, Inc. Leases 21 Acres in Commerce City

Border States Industries, Inc., provider of innovative product and supply chain solutions, has signed a 21.32-acre lease of 10600 Havana Street in Commerce City. Chicago-based real estate investment and development company Industrial Outdoor Ventures (IOV) purchased the site in February 2020. The site features I-2 zoned land with site improvements including utilities, road base, lighting and security fencing. The

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14 Acres Sells in Thornton for New King Soopers

Dillon Companies, Inc. (owned by The Kroger Co.) of Cincinnati, has purchased 14 acres in Thornton for the construction of a large-format King Soopers grocery store and fuel center in the master-planned Amber Creek community. Jon Weisiger and Jim Lee of CBRE’s Denver office represented the seller, Stratus Companies of Greenwood Village, CO. “Grocery has long been a standout

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Evolve Towers Receives Unanimous Approval

Evolve Towers, 23-story residential development in Arapahoe Square, designed with a “net zero” energy goal, received unanimous approval by Arapahoe’s Downtown Design Advisory Board (DDAB) last week. According to public records, Denver-based Ubuntu Partners purchased 838 Park Avenue West and 2250 Champa St. in Arapahoe Square in November 2019, for $5.5 million. Design partners OZ Architecture

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Rising to the Challenge in Crisis: How Developers Can Strengthen Community Togetherness

By Celeste Smith Developers are highly invested in the wellbeing of the projects they create, the businesses and residents they serve and the communities in which we all live, work and play. When impacts of the global COVID-19 pandemic resulted in widespread uncertainty, it was crucial for developers to rise to the challenge and shift focus toward innovation,

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