milehighcre, Author at Mile High CRE

Fortune 500 Company Relocates to Arapahoe County to Expand Denver Operation

Leave a Comment / Development, Industrial, Office / milehighcre

DENVER – Transwestern’s Denver office recently announced Olympic Metals (A Bralco Metals Company), a division of Reliance Steel & Aluminum Co., is developing a new facility in Arapahoe County. Transwestern’s Craig Paton and Craig Bustos sold the current facility in Commerce City and represented Olympic Metals in the land acquisition for its new headquarters. Olympic Metals is building […]

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Colorado Bidding Rules for Contractors

Leave a Comment / Brokerage / milehighcre

View here An article published by The National Law Review outlines some rules that all contractors should be aware of, before bidding on a project in Colorado. Rules relating to licensing, bonding, bid preferences for local contractors, local employment rules, bid shopping rules, bid mistakes, and bid protest issues are discussed. Image courtesy of Pexels.

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Denver 7th in Nation for New Hotel Room Construction

Leave a Comment / Construction, Hospitality / milehighcre

View here According to hotel research company STR’s May 2017 Pipeline Report, Denver is ahead of Las Vegas, Washington, D.C. and Chicago for new hotel construction. The Denver Business Journal article reports that 4,872 hotel rooms are currently under construction right now in Denver, which is a 64.3 percent increase in building compared with a year ago. Image

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Denver Water’s $195M Campus Overhall

Leave a Comment / Construction, Development, Industrial / milehighcre

View here Construction on Denver Water’s $195 million overhaul of its 34.6-acre campus southwest of downtown is expected to include new conservation techniques. The campus will include landscaping design to capture, hold and filter rainwater on site, to irrigate the landscape. Denver Water is working with Trammell Crow, a real estate developer, as well as Mortenson Construction, the

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GE Johnson Break Ground on United States Olympic Museum

Leave a Comment / Construction, Design, Development / milehighcre

Colorado Springs, CO – On Friday, June 9, GE Johnson Construction Company broke ground on the United States Olympic Museum (USOM) – the future home of Team USA’s legacy. The ceremony was attended by many state and local officials – including Governor John Hickenlooper, Colorado Springs Mayor John Suthers, members of the Colorado Springs City Council,

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Preserving Colorado’s Affordable Housing

Leave a Comment / Multifamily / milehighcre

View here With limited inventory of affordable housing in Denver, combined with the challenges of developing more, Denver needs to focus its efforts on preserving its existing affordable housing. The Housing Preservation Network (HPN) is a program launched by the Colorado Housing and Finance Authority (CHFA) to focus on preserving the state’s existing affordable housing stock. In its

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JLL Secures $66M Refinancing of Fiddler’s Green Center I & II

Leave a Comment / Brokerage, Office / milehighcre

DENVER – JLL’s Capital Markets experts today announced the firm secured $66 million for the refinancing of Fiddler’s Green Center I & II. The loan was secured on behalf of The John Madden Company, the builder of the two Class A office buildings in Greenwood Village, Colorado. The loan structure was a 10-year term, 4.625 percent fixed interest

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Minnesota Developer Chooses Denver to Expand

Leave a Comment / Architecture, Construction, Office / milehighcre

View here Doran Cos. has selected Denver for its first office outside of the Minneapolis market. Denver’s appeal as a hot transit-hub was the biggest draw for the company. Kuechle said that magnetic effect convinced his company, which also does construction and architecture, to open a Denver office. Image courtesy of Flickr.

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JLL secures $31.8M in Construction Financing for Alta SoBo Station

Leave a Comment / Architecture, Construction, Development, Multifamily / milehighcre

DENVER — JLL’s Capital Markets experts have secured $31.8 million in construction financing on behalf of a joint venture between Stockbridge and Wood Partners. The loan will be used for the development of Alta SoBo Station, a 187-unit, transit-oriented multifamily community located three miles from downtown Denver in the South Broadway submarket. Chicago-based MB financial Bank, N.A., provided the

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New Craft Winery to Open in RiNo

Leave a Comment / Hospitality / milehighcre

DENVER – Bigbsy’s Folly, A Craft Winery & Cellar Door, will open to the public in Denver’s RiNo neighborhood on Friday. Located in a 130-year-old warehouse (3563 Wazee Street) adjacent to the 38th Street A-Line station, the Roaring ‘20s-inspired tasting room features several house-made varietals by award-winning winemakers, as well as a full-service bar and food menu. Bigsby’s

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Author name: milehighcre