Multifamily Development in Commerce City Receives Financing

Denver-based Southwestern Property Corp. is to begin construction of Aspen Hills Apartments, a 180-unit, $40.5 million multifamily community, to be located in the rapidly growing Reunion/North Range area of Commerce City.  A $34.4 million construction loan under the HUD 221(d)(4) program was originated by Kelley Klobetanz, managing director at Greystone, a leading national commercial …


3 Colorado Suburbs Among Top 20 for Most Newly Built Apartments

The pandemic brought a newfound appreciation for suburban America, especially among renters working from home. With more apartment-dwellers embracing life outside of the crowded big cities, RENT Café wanted to see which suburbs are well equipped to receive new residents. According to the study, suburban Colorado delivered close to 21,700 new rentals since 2016. Three of …


New Preschool Coming to Sterling Ranch in Douglas County

Construction is set to begin on a Primrose private pre-school at Sterling Ranch, a 21st century master-planned community in Douglas County. The school is scheduled to open in Sterling Ranch in late 2021. The architect is Galloway and the general contractor is AD Miller Construction Services. “We’re very excited to welcome Primrose to …


FIRST LOOK: RLB Releases Q4 Construction Cost Report

Rider Levett Bucknall (RLB) has released its Q4 Cost Report (QCR) for North America, including data for Denver. Current to October 1, 2020 and featuring construction cost information for 14 U.S. and Canadian markets, the QCR provides a statistical view of the state of the construction industry, detailing indicative construction …


Newly-Built Apartments in Longmont Trade for Record Price

According to Brinkman Real Estate, Union Pointe, an eight-building apartment community in Longmont, has traded to Minneapolis-based Centerspace, a publicly traded real estate company focused on multifamily. The property was sold for $76.9 million ($300,390/unit), marking a record-high multifamily transaction for the Longmont market. Brinkman developed the property in partnership with Jensen LaPlante Development and …


Ware Malcomb Completes TruStile Headquarters in Denver

Construction is complete on TruStile’s new headquarters located at 1111 E 71st Avenue in Denver. Ware Malcomb provided architecture, interior design, and civil engineering services for the project and the general contractor for the project was Ryan Companies, Inc. Founded in 1995, TruStile is an industry leader and innovator in interior …


Howell Construction Completes Silicon Valley Bank Renovation

Howell Construction, a locally owned, full-service general contracting firm, recently completed Silicon Valley Bank’s Denver interiors renovation. The 2nd generation space on the 16th floor of the Tabor Center was built on an accelerated timeframe consisting of a 21-week construction schedule. The project scope included: conference room areas, huddle rooms, …


Groundbreaking: Sky Ridge Station Apartments, Lone Tree

Construction has begun on the Sky Ridge Station Apartments, a new 240-unit apartment complex situated on the last parcel of land at the Sky Ridge Station transit-oriented development (TOD) site. The seven-story apartment complex, which includes two levels of parking, is adjacent to several large employers in the area including …


New Report Shows 3D Printing Has Potential to Revolutionize Construction

A new report from Guidehouse Insights — a Boulder-based market intelligence team that provides emerging technology research, data, and benchmarking services for today’s rapidly changing and highly regulated industries — examines the market for 3D printing construction technology. According to the report, global market revenue for 3D-printed construction of buildings is expected …


Q&A with Scott Farrell, President of i2 Construction

Scott Farrell, LEED AP, is president and partner at Denver-based i2 Construction, a full service general contractor with a focus on complex commercial construction projects — ranging from brand forward corporate interiors and technical medical/laboratory facilities, to new building construction and exterior additions/improvements. While embracing his roots of growing up in a …