GH Phipps Installs New Stage Roof at Red Rocks Amphitheater

GH Phipps has completed the install of the new stage roof at Red Rocks Amphitheater, named by Rolling Stone Magazine as the “coolest outdoor amphitheater in the nation.” The renovation of the stage roof is part of the Elevate Denver 10-year bond program thats mission is to enhance the City …

Affordable HousingConstructionDevelopment

Groundbreaking: Grace Gardens Affordable Housing in Loveland

On Wednesday, July 14 Pinkard Construction, Loveland Housing Authority (LHA) and Loveland Habitat for Humanity held a groundbreaking ceremony for the Grace Gardens at Derby Hill affordable housing development, marking the official start of construction that is expected to continue into 2031. During the first phase, Pinkard will perform site development, including roads and …


Building Heights to Increase in Denver’s Golden Triangle

The Denver City Council has approved a proposal which outlines a package of new zoning rules for the Golden Triangle neighborhood, including an increase to maximum building heights. According to the new verbiage, typical building heights in the Golden Triangle neighborhood range from 3 to approximately 20 stories, with the general …


Mortenson Denver to Complete Fourth Project With NREL

Mortenson, a top-20 U.S. builder, developer, and engineering services provider with four decades of experience in Colorado, will build a new research laboratory facility on the South Table Mountain Campus of the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in Golden, marking the fourth time Mortenson has completed …


Zeppelin Development to Construct A-Frame Village in Winter Park

Zeppelin Development recently closed on a $5 million construction loan through FirstBank, to begin construction of A-Frame Club, a unique hospitality project in Winter Park. Zeppelin purchased the 2-acre site in February 2020 for $1.5 million. According to Oregon-based Skylab Architecture, the architect for the project, the 14,260-square-foot project will …


Embrey Closes on Land Site for Multifamily Project at The District in Centennial

San Antonio-based Embrey Partners, LLC has closed on its site purchase for Hensley at The District, a 304-unit multifamily community project with neighborhood walkability and easy access to jobs, shopping and entertainment. Embrey purchased the site from Denver-based Brue Baukol Capital Partners. The project is a six-story multifamily wrap-style project that …


Apartments Under Construction at Canyonside Master Planned Community in Castle Pines

Denver-based BMC Investments (BMC) has commenced construction on Canyonside Apartments, a new, 325-unit multifamily community located within Canyonside at Castle Pines, the mixed-use neighborhood within the Canyons master planned community in Castle Pines. The property will be one of the only rental options in the community and are expected to deliver in summer 2023. BMC Investments’ partner …


Denver Downtown + Southeast Office MarketView Q2

CBRE has newly released two research reports, Denver Downtown Office MarketView Q2 2021 and Denver Southeast Office MarketView Q2 2021. Fundamentals in the downtown Denver office market exhibited slight improvement and office fundamentals in the Southeast submarket flattened as the COVID-19 pandemic endures. Downtown Summary: Negative net absorption of 157,830 sq. …


CREW Denver Holds Mid-Year Economic Forecast

On July 14 CREW Denver held its Mid-Year Economic Forecast and happy hour at the University of Denver Knoebel Events Center. Patty Silverstein, president and chief economist of Developmental Research Partners, gave her economic forecast for 2021 which included trends in the commercial real estate and construction industry. Silverstein shared a …


PMG and Greybrook Realty Partners Acquire 123 Speer Blvd for $35M

A joint venture between national investment, development, and asset management firm PMG and Toronto-based private equity and asset management firm Greybrook Realty Partners, announced last week that they have purchased the Denver7 building on the 2.3 acre site at 123 Speer Blvd. for $35 million. PMG and Greybrook will develop Society …