ConstructionDevelopmentReports

U.S. National Construction Costs Continue to Rise

According to the Rider Levett Bucknall Quarterly Construction Cost Report, national average construction costs increased approximately 4.94 percent between January 2019 and January 2020. In Denver, construction costs increased 4.07 percent, just below the national average. Chicago, Honolulu, New York, Portland, San Francisco, and Seattle experienced the greatest annual increases, showing …

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ConstructionDevelopmentIndustrial

Industrial Flex Building Breaks Ground at CTC

The appetite for industrial/flex real estate along the Northwest Corridor remains strong. Etkin Johnson Real Estate Partners recently broke ground on a new 146,320-square-foot industrial/flex building located in the Louisville Corporate Campus at the Colorado Technology Center (CTC). Slated for completion in Q1 2021, the building will provide an innovative, flexible and sustainable …

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ConstructionDevelopmentOffice

World Trade Center Denver Begins Demolition Stage

On April 14, demolition began of the existing buildings at 3800 Blake St., to make way for the 350,000-square-foot World Trade Center Denver office campus. Denver-based Developer FORMATIV and Chicago-based Golub & Company expect to break ground on this highly anticipated project in the second quarter and open in 2021. The dynamic …

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Construction

Mortenson Settles Colorado Convention Center Bid-Rigging Dispute

According to the Denver Post, Mortenson has agreed to a $1.3 million settlement that will include payment of a $650,000 fine, for its part in a bid-rigging scandal for a planned $233 million expansion at the Denver Convention Center. The construction company will also provide all construction services, free of charge, to a COVID-19 …

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ConstructionHealth

City Outlines New Health and Safety Requirements for Construction Sites

Due to the unique issues related to supply chain, financing, contract deadlines, and public need, construction may continue under Governor Polis’ stay-at-home order as long as social distancing requirements are followed on construction worksites. This is intended to allow for continuity of operations on critical infrastructure such as roads, rails, airports, housing …

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AwardsConstruction

MTech Mechanical Receives Excellence in Construction Award from ABC

MTech Mechanical has earned a National Excellence in Construction® Eagle Award, for the company’s outstanding performance on the Children’s Hospital Colorado in Colorado Springs. The award which is anticipated to be presented during the Associated Builders and Contractors (ABC) Convention 2020 in Nashville, Tennessee, on Aug. 18. The EIC awards program is …

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ConstructionDevelopmentEventsHealth

AGC of Colorado Hosts National COVID-19 Safety Stand Down April 9

The Associated General Contractors of Colorado (AGC of Colorado) is taking an active role in the National COVID-19 Safety Stand Down, scheduled for Thursday, April 9, 2020. This is part of a national safety day organized by the Associated General Contractors of America (AGC of America) to ensure everyone on …

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ConstructionDevelopmentEnergyEngineeringFeatureSustainability

Life Cycle Assessment & Reducing Embodied Carbon in Construction

by Phin Stubbs, LEED AP: BD+C WELL AP – Sustainable Design Consultant, Group14 Engineering. In the last 20 years, the sustainable design industry has made great strides in building operations and energy efficiency. A combination of voluntary programs like the LEED green building rating system, combined with advanced code requirements specifically tailored …

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ConstructionDevelopmentMultifamilyReports

Multifamily Construction Experiencing Delays, says Survey

The National Multifamily Housing Council (NMHC) has released a new survey on multifamily construction that found more than half (55 percent) of nationwide respondents said that they are currently experiencing construction delays in the jurisdictions where they operate. The survey, conducted between March 27 to April 1, is the first of a …

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Affordable HousingConstructionDevelopmentSenior Housing

Affordable Housing Project to Break Ground in Westminster

Dominium, one of the nation’s largest affordable housing development and management companies, recently closed on the property they have named Heritage at Church Ranch. The property is located at the corner of Church Ranch Road and Wadsworth Boulevard in Westminster. The $62 million development will provide 205 units of high quality affordable senior …

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