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Permanently Affordable Housing Planned for Aurora

Leave a Comment / Affordable Housing, Development /

AURORA — As housing costs continue to climb across metro Denver, Elevation Community Land Trust and the City of Aurora announce their partnership to help address Aurora’s growing housing affordability challenges. The partnership will create permanently affordable homeownership opportunities over the next five years for at least 50 Aurora families living at or below 80 percent of Area Median

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Movers and Shakers

Movers and Shakers Week Ending 05.24.19

Leave a Comment / Movers and Shakers /

Norris Design Hires New Staff in Denver Norris Design, a national planning, landscape architecture and branding firm, has announced the recent hire of Senior Associate Kristin Dean and Associates Jason Naughtin and Ryan Schatzman in the Denver office. Kristin joins Norris Design as a planner with nearly 20 years of experience working for various municipalities in Colorado. From

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Cañon City Elementary School Holds Groundbreaking Ceremony

Leave a Comment / Construction, Development, Education /

CAÑON CITY – A groundbreaking ceremony was held Monday at Washington Elementary School in Cañon City, Colorado, launching the construction of a new facility that will serve about 400 students in kindergarten through fifth grades. Washington Elementary school is part of a multi-school project in Fremont RE-1 school district made possible by a successful bond

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For-sale Condos Experiencing Strong Sales Momentum

Leave a Comment / Condominium, Development /

DENVER – With for-sale condos in limited supply in Denver, Monaco One Fifty Five at Crestmoor Heights is experiencing strong sales momentum, and has only 12 homes remaining for purchase.  The new condo development — which includes 41 low-maintenance condominiums with starting prices as low as $320,000, is located at 155 South Monaco Parkway, steps from

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Denver Industrial Vacancy Rate Ticks Up in Q1 2019

Leave a Comment / Development, Industrial, Reports /

DENVER — According to Transwestern’s national industrial market report for the first quarter of 2019, the overall vacancy rate for industrial buildings ticked up for the first time in nine years, to 4.8 percent. Despite the increase, due in large part to speculative construction projects delivered to the market, net absorption remained positive as nearly

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Littleton Apartments Fetch $10.9M

Leave a Comment / Brokerage, Multifamily /

DENVER – Broadridge Apartments, a 54-unit apartment complex located at 6900 S. Bannock St in Littleton, has sold for $10.9 million ($201,851/unit). Jeff Johnson and Andrew Monette, at Pinnacle Real Estate Advisors, LLC, assisted both the buyer and seller parties in the transaction. “Since their acquisition of the property, the Sellers of Broadridge Apartments had renovated

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Residential Developers Keen to Invest at Peña Station Next

Leave a Comment / Condominium, Development, Multifamily /

View here Developers like MGL Partners — a Denver-based multifamily development company and developer of the 218-unit Elevate at Peña Station apartment community at Peña Station Next — are keen to capitalize on the growing need for more housing within the smart-city neighborhood. According to Denver Business Journal, 35,000 people currently work at DIA and

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Arvada Retail Center Sells for $17.5M

Leave a Comment / Brokerage, Retail /

ARVADA –  A 56,000-square-foot retail shopping center located on 5.85 acres in Arvada has sold for $17.5 million. Armstrong Capital Development, LLC (“ACD”), a Denver-based private equity real estate investment, development and management company,  purchased the property, know as Arvada Connection, from Walton Street Capital in May. Brad Lyons and Matthew Henrichs of CBRE represented ACD in the transaction. Located

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Elevated Safety: Pre-work Checklist Helps Prevent Dropped Objects on Construction Sites

Leave a Comment / Construction, Contributed Article, Feature /

By Steve Cox, CSP, District HSE Manager, PCL Construction With so many large construction projects underway in Denver, on very compact construction sites, the risk of falling objects from building heights has been amplified. The threat of tools and materials falling to the ground below puts people and property in jeopardy, and it’s imperative for construction safety professionals to

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