Author name: milehighcre

Movers and Shakers

Movers and Shakers Week Ending 09.13.19

ELEMENTS Enhances Technology and Furniture Teams with Strategic Hires ELEMENTS, an integrated interiors partner focused on human-centered design and place-making, has expanded its business development team with the hire of Tyler Marr and Chappell Redd. With these new hires, ELEMENTS has now added 30 percent to its workforce in the last year to support a […]

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Englewood Apartment Building in Opportunity Zone Sells for $8.5M

The LIV Apartments, a 30-unit, five-story apartment building, located at 201 Englewood Parkway in an opportunity zone in downtown Englewood, have sold for $8.5 million. Robert Bratley with CBRE Capital Markets in Denver represented the seller, a private local group. Hardwick Partners, an investment group out of San Francisco, purchased the property in a sale that closed Sept. 4,

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McWHINNEY Under Contract on 2.4 Acres Next to Great Divide Brewery

According to the Denver Business Journal, McWHINNEY is under contract to purchase 2.4 acres of land next door to Great Divide Brewing Co.’s Barrel Bar in RiNo, located at 35th Street and Brighton Boulevard. The deal is pending rezoning approval but if all goes to plan the Dever developer will break ground in the first half of

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Denver Apartment Supply Decreases in 2019

RENTCafé.com, a part of Yardi, has released its annual report on apartment construction, in which the nationwide apartment search website analyzed the numbers of new deliveries in 134 metro areas. Despite the strong demand for rentals, 2019 marks the second year of slowdown in terms of apartment completions nationwide. Having built an impressive number of

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Former Niwot Restaurant Affected by Fire Sells to Local Investor

Boutique, Colorado-based firm NavPoint Real Estate Group, recently completed the sale of 210 Franklin Street, a fire-damaged restaurant building located on a large corner lot in downtown Niwot, CO. Matt Call and Jason Mayer of NavPoint Real Estate Group represented the seller in the transaction, Table 210, LLC. The purchaser was a local investor with extensive development experience in

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Climate Change

Mayor Hancock Submits 2020 Budget Proposal

This week, Mayor Michael B. Hancock submitted his 2020 spending plan to Denver City Council, a $1.49 billion budget that reflects years of fiscal strength, protects Denver’s prosperity and prepares the city as the economy begins to show signs of moderating. “The people’s priorities are clear, and this budget proposal advances them by opening access

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CSU Building Awarded Best Project Award from ENR Mountain States

Pinkard Construction and 4240 Architecture have won a 2019 Best Project award for their work on Colorado State University’s Michael Smith Natural Resources Building. The awards, sponsored by Engineering News-Record Mountain States, are given to projects that excel in safety, innovation and teamwork. Located on CSU’s main campus in Fort Collins, the Michael Smith Building addition and

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New Development at 100-acre Denver Hub Supports Demand for Industrial Space

Development partners Bradbury Properties and Confluent Development, have started construction on three buildings in metro Denver’s 100-acre industrial hub, Highfield Business Park. Upon completion, the three projects will mark the industrial hub’s near build-out, spanning about 10 years and totaling 1.25 million square feet of industrial space, with only 12 acres on the park’s north

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Apartment Construction Contributes $2.5B Annually to Denver Economy

A new Hoyt Advisory Study commissioned by the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) reveals that the apartment/multifamily industry and its residents annually contribute more than $3.4 trillion to the national economy. The new report, available at WeAreApartments.org, provides a detailed breakout of the economic impact nationally, by state, and in

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McWHINNEY to Add Three Industrial Buildings at Centerra

McWHINNEY, master developer of Centerra, has announced plans for an additional 360,000 square feet of Class A industrial space across three new buildings at its Centerra Industrial expansion in Loveland. The campus’ three existing developments, totaling 291,000 square feet, are fully leased. Centerra Industrial is located a half-mile from Interstate 25 with direct access to

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