Denver City Council Approves Two Affordable Housing Projects
The Denver City Council recently approved a pair of affordable housing contracts that will help establish 204 income-restricted homes for low and moderate-income households in the Lincoln Park and Capitol Hill neighborhoods. Loans totaling $5,175,000 have been approved for the La Tela and Olin Apartments projects, which will support affordable …
Construction Update: McGregor Square (PHOTOS)
By Katie Rapone, editor of Mile High CRE. Last week, the Urban Land Institute (ULI) Colorado provided a first-hand look of one of Denver’s most eagerly awaited projects: McGregor Square. Named in honor of the Rockies’ late president, Keli S. McGregor, the project is expected to reenergize LoDo upon its completion in January 2021. Project …
Denver Developer Planning 342-Unit Condo Project in Arapahoe Square Closes on Land
According to public records, Denver-based Ubuntu Partners purchased 838 Park Avenue West and 2250 Champa St. in Arapahoe Square on Friday, for 5.5 million. The developer is planning to build one of Denver’s largest condo projects that will also aim for net-zero certification. Ubuntu Partners is a new development firm …
New Condos Address Gap in Fort Collins Housing Market
As the City of Fort Collins looks for housing solutions to meet the high demand in Old Town, a redevelopment project is underway that will transform a 67,000-square-foot, mixed-use property at the corner of Mountain Avenue and Mathews Street. The Neenan Company, a Fort Collins-based developer and design-build firm, has officially …
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 …
New Luxury Brokerage Firm Launches in Denver
This week, top Metro Denver Residential Real Estate Broker Susan Chong launched Iconique Real Estate, a new real estate brokerage created to provide best-in-class service to the expanding Denver luxury real estate market. Chong is also dedicating a core segment of her brokerage to Denver’s rapidly growing condominium marketplace, based on …
27-acre TOD Development Coming to Westminster
According to the Denver Business Journal, Land Capital LLC, recently closed on 27.5 acres near the intersection of 72nd Avenue and Federal Boulevard, near RTD’s Westminster Station, for $8.4 million. In partnership with Denver developer Curt LeRossignol and Hugo Weinberger, co-president of Denver-based Situs Group, the developer plans to build …
Denver-based Lokal Homes Enter into Land Banking Arrangement with Builder Capital, LLC
Builder Capital, LLC announced today a land banking arrangement with Lokal Homes consisting of 425 lots in the Colorado cities of Aurora, Commerce City and Colorado Springs. Builder Capital, in partnership with affiliates of 400 Capital Management, acquired the portfolio of lots as part of an ongoing strategy to provide …
Sloans Lake Rezoned for 300 Apartment Units
View here Denver City Council has voted in favor of a rezoning application for Sloans Lake that will allow for the development of 300 affordable apartment units, just south of the lake. The new zoning will permit a sixteen-story and a four-story building. The land is currently occupied by a …
The Edge LoHi Tops Out
This week sets a new milestone at The Edge LoHi, as the high-end condominium project is officially topped out. Located in the vibrant LoHi neighborhood, the 5-story mid-rise condominium building with approximately 4,200 square feet of ground-floor retail. One of the last large developable sites in the area, the property is …