13-Unit Apartment Building Breaks Ground in Capitol Hill

DIRC Homes, a boutique builder focusing on urban infill and transit-oriented developments in Colorado — in partnership with Denver-based KRMN Investments, LLC, and Pivotal Architecture PC — broke ground this week on Capitol Hill’s newest multifamily project, Mullen Flats. “We are excited to work with new partners in the market …


Local Construction Workers Support Working Families

Enrique Elizondo and Rusty Gonzales, friends and construction professionals in Denver for more than 30 years, have launched the “I’m Essential” campaign – a creative effort to support working families during this time of need.  The term “I’m Essential” is a badge of courage and honor. Through the sale of “I …


Switchbacks FC Stadium in Colorado Springs Tops Out

On Friday, May 15, GE Johnson installed the final steel beam on the Switchbacks FC Stadium, located in downtown Colorado Springs. Per tradition, the beam was flanked by the American and Colorado state flags as well as the Switchbacks official flag and an evergreen tree. Designed by Chicago-based Perkins and Will, …


Wells Concrete Opens Innovative Office and Manufacturing Facility in Brighton

Wells Concrete, one of the top five precast providers in the U.S., has opened a new office and production facility located at 2145 East Crown Prince Boulevard in Brighton. The state-of-the-art manufacturing facility will enhance current capability, flexibility, and increase capacity with long line prestressing forms for the Denver market. Wells is consolidating its two …


NAIOP Sentiment Index Indicates Unfavorable Conditions

The NAIOP CRE Sentiment Index, based on a survey of real estate practitioners, has dropped below 50 for the first time since its inception, indicating that unfavorable CRE conditions are expected in 12 months. However, because the survey was conducted March 11-25,  as the nation was rapidly reacting to the …


JAG Logistics Center Signs First Two Tenants

JAG Logistics Center @ DEN, a prominent 250-acre industrial park located immediately south of Denver International Airport (DEN) has signed its first two tenants, only eighteen months after the development’s conception and more than two months prior to the completion of its first building. While the economic impact of COVID-19 continues, …

Affordable HousingConstructionDevelopment

Workforce Housing Project in Eagle County Receives Funding                    

Spring Creek Village, an affordable housing project in Gypsum, Colorado, has received funding for the next phase of development, a series of apartments primarily developed by Gerry Flynn of Polar Star Properties. Sharing Connexion Inc, a Denver-based nonprofit, provided a $1.75 million bridge loan under their Real Estate Impact Investments program, …


Transit-Oriented Development in Lakewood Goes Vertical

Denver-based general contractor Martines Palmeiro Construction (MPC) broke ground in February on Highland Development Company’s first ground-up apartment community in the Denver area, an integral addition to the West Line Village development near Sheridan Station. The project is going vertical with concrete at the garage, with the lower level garage walls …


Modera LoHi Apartments Project Charges Forward

In spite of the COVID Pandemic, the Modera LoHi Apartments project is charging forward as scheduled. While Alliance Construction Solutions has adapted new policies and procedures to maintain social distancing, safety, and jobsite cleanliness standards on all of its jobsites to combat the pandemic, this hasn’t stopped the Modera LoHi team from implementing …


Two Related Apartment Projects Under Construction in Union Station North

The X Company and Property Markets Group (PMG) are currently constructing the 251 unit X Denver project in Denver’s Union Station North neighborhood.” The project, which marks the partnership’s entrance into the Denver market, broke ground in late 2018 and is scheduled for completion later this year. According to PMG’s website, the 12-story tower will …