Author name: milehighcre

Transforming a Complicated Site into Improved Guest Experiences

By Becky Zimmermann, president of Design Workshop. From a real estate and construction perspective, the redevelopment of the Zephyr Plaza at Winter Park Resort doesn’t get much more complicated. The plaza was originally constructed in 1999, as part of the base area development that included the Zephyr Mountain Lodge (230 condominium units) and the Zephyr Chairlift. Decades of

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Construction Begins on Speculative Industrial Development at Dove Valley Business Park

Construction has begun on a two-building industrial development totaling 264,000 square feet, at Denver’s Dove Valley Business Park. The development is the result of a joint venture between The Opus Group (Opus) and USAA Real Estate. Opus is the developer, design-builder and the architect and structural engineer of record. Doug Viseur and Todd Witty from CBRE are

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Grocery-anchored Retail Center in Fort Collins Sells for $23.75M

University Center, a two-tenant, grocery-anchored retail center located at 2201 South College Avenue in Fort Collins, has sold for $23.75 million. CBRE’s Brad Lyons, Mike Winn and Tim Richey represented the seller, Los Angeles-based CIM Group. The buyer, a confidential entity, purchased the property in a sale that closed Sept. 24. “University Center is one of the premier shopping destinations

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Investors Look to Smaller Markets for High Yield Spreads

Eagle’s Nest Apartments, a 30-unit apartment property located at 1041 W. 24th St. in Rifle, CO, has sold for $1,650,000, according to Skyler G. Cooper, regional manager of Marcus & Millichap’s Denver office. Greg Price and Jason Hornik, investment specialists in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on

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12,000 SQFT Food Hall at Colorado Center Announces Food Concepts

Colorado Center will soon be an unrivaled culinary destination as Junction Food & Drink prepares to bring the ultimate food hall experience to Denver’s new urban hub in spring 2020. When the one-of-a-kind, chef-driven food hall opens at 2000 S. Colorado Blvd. in Denver, guests will have the opportunity to choose a made-to-order meal from 10 unique, artisanal

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Greystar Announces Move-ins Now Underway at Parq on Speer

Move-ins are now underway at Parq on Speer ­– Denver’s luxurious new 16-story apartment and retail community. Located in the city’s bustling Golden Triangle neighborhood at the corner of Speer Blvd. and Bannock St., the new community is situated on two acres, with completion slated for December 2019. Located in the trendy Creative District just outside

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Grand Opening: McKinley Thatcher Elementary School Addition

The parents and students of McKinley Thatcher elementary school in Denver recently joined employees of GH Phipps for a ribbon cutting event to celebrate the opening of a new addition to their school. The school, which is part of Denver Public Schools, is located at 1230 South Grant Street and now has six new class

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Movers and Shakers

Movers and Shakers Week Ending 10.04.19

RTA Architects Welcomes Eight New Team Members RTA Architects has welcomed eight new staff members to their Architectural, Interior Design, and Administrative teams over the last few months. The new architectural team members are Architects Bill Hrinko, Jr. and Wilson Day and Emerging Professionals Austin Beninga, Landon Cook, and Dikshit Mahaveer Chand. The Interior Design team

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328-unit Apartment Community in Denver Sells for $99.25M

Lugano Cherry Creek, a 328-unit multifamily property located at 9601 E. Iliff Avenue in Denver, has sold for $99.25 million, or $302,591 per unit. Built in 2010, the five-story wrap building includes 13,262 square feet of retail. Newmark Knight Frank Vice Chairmen Terrance Hunt and Shane Ozment represented Toronto-based Brass Enterprises in the sale to Minneapolis, Minnesota based IRET.

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