Author name: milehighcre

BisNow’s “Future of the Northwest Corridor”

DENVER – April 18th, 2017, Industry professionals gathered at BisNow’s first-ever “Future of the Northwest Corridor” event hosted at Arista Place in Broomfield, CO. Attendee’s heard from a number of industry professionals who talked about the bright future of the Northwest corridor of Denver. Topics included everything from the lastest projects breaking ground, to which neighborhoods are

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The Moxy Hotel, Cherry Creek Tops Out

DENVER – Yesterday, GE Johnson Construction Company, one of the premier construction firms in the Rocky Mountain and Central Regions. and its project partners, celebrated the topping out of the The Moxy Hotel in Denver’s Cherry Creek North neighborhood, as workers installed the final piece of structural steel onsite. GE Johnson broke ground on site in April

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Colorado’s Largest Spec Industrial Building to Break Ground

View here Aurora, CO – Colorado’s largest-ever single-building speculative industrial development in Aurora, is expected to break ground in June. Majestic Realty Co., the largest privately owned industrial developer in the U.S., will build the 701,500-square-foot building near Interstate 70 and Tower Road.

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Agreement Met to Pass Construction-Defects Reform

View here Following four years of failed negotiations, today, Democratic Colorado legislators and business leaders finally reached an agreement to pass the construction-defects reform bill. As previously reported, an agreement was delayed for the third time just last week. The reform is hoped to increase the construction of more condominium’s in Denver, by restricting the grounds

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Castle Rock Town Council Approves $300 Million Mixed-Use Development

Castle Rock, CO – Last night the Castle Rock Town Council approved plans for the Miller’s Landing mixed-use development to move forward, by a vote of 5-2. The four phase, $300 million, 65-acre development will be located on the northwest corner of the I-25 and Plum Creek Parkway interchange and adjacent to Philip S. Miller Park,

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Boulder Apartment Complex Sale Sets New Record

View here A 26-unit apartment complex in Boulder, located at 1707 Walnut St. has sold for $15.6 million ($600,000 per unit) setting a new record for per-unit pricing in Colorado. ARA, A Newmark Company, represented developer Element Properties in the sale and Manhattan-based Rivendell Global Real Estate purchased the property.     Image courtesy of iStock

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Colorado Balfour Senior Living Expansion

View here Baby boomers may be responsible for an increase in demand for senior living facilities, according to an article by the Denver Business Journal. Award-winning Balfour Senior Living currently has 10 new facilities—most of them in Colorado—either operating, under construction or in the planning phases. A 74-unit facility is currently under construction in Stapleton which is

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HREC Arranges Sale of Quality Inn Central Denver

DENVER – HREC Investment Advisors, the nation’s leading lodging and gaming real estate advisory firm, has arranged the sale of the 213-guestroom Quality Inn Central Denver located in Denver, Colorado. The hotel was purchased by DEN 8888, LLC, a private investment partnership. Jeffrey Duni and Mike Dube in HREC Investment Advisors’ Denver office exclusively represented the Seller,

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Louisiana-based Chicken Fingers Restaurant Breaks Ground in Parker

DENVER– Raising Cane’s Chicken Fingers – the Louisiana-based restaurant company known for its ONE LOVE® – quality chicken finger meals – has broken ground on its second Denver-area restaurant, at 18200 Cottonwood Drive in Parker. When it opens in August, the new restaurant will be the third Raising Cane’s in Colorado and among more than 330 nationwide. The company will be

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