Two Office Buildings Planned for Cherry Creek North
According to the Denver Business Journal, Beck Architecture has submitted a conceptual development plan on behalf of Broe Real Estate Group, for construction of the “Clayton Street Redevelopment Project” on the 200 block of Clayton Street in Cherry Creek. According to Marc Savela, vice president development, Broe Real Estate, the development …
292-Units Break Ground Near Mile High Stadium
Katerra, a technology-driven construction company, broke ground earlier this month on Cirrus, the company’s latest project alongside developer UDR. Cirrus is a 230,000-square-foot residential development featuring 292 apartments on a 2-acre lot west of Mile High Stadium at 1590 Grove Street in Denver. Cirrus will help address Denver’s continued affordable housing shortage crisis. …
Sheraton Denver Downtown Begins $80M Renovation
The $80 million hotel renovation of the Sheraton Denver Downtown began today that will forever change the face of the hotel and the 16th Street Mall. Sheraton Denver Downtown has long been a familiar anchor downtown, serving as the largest meetings/events hotel in the city with an unmatched heritage and roots deep in …
Hyatt House Breaks Ground on Fitzsimons Medical Campus in Aurora
Denver-based BMC Investments(BMC) has broken ground on a 140-key extended stay Hyatt House hotel, which will include 8,000 square feet of ground level retail, at the Fitzsimons Medical Campus in Aurora. BMC acquired the property, which is located at the southeast corner of Colfax and Peoria – also known as the Gateway at Fitzsimons …
Vīb® Hotel Breaks Ground in RiNo
Best Western® Hotels & Resorts (BWHR) and TWC Management, LLC, recently broke ground on its urban, upscale Vīb hotel, in RiNo, at the cross streets of 36th and Brighton. The boutique hotel is anticipated to open in December 2020. “We’re excited to bring our distinctive Vīb brand to Denver and join the thriving River North …
Construction Underway for Mixed-use Development on Swedish Medical Center Campus
Construction and leasing efforts are underway for Synergy Medical, a new 102,000-square-foot medical office development which will provide much needed office and retail space to the Swedish Medical Center campus. Medical tenants committed to the project include an ambulatory surgery center, neurologists, orthopedic surgeons, plastic surgeons and other complementary practices. …
Brinkman Completes Nearly $55 Million in Transactions this Month
Real estate development and investment company Brinkman closed this week on the acquisition of Windom Peak, bringing their total transactions close to $55 million in the last 30 days. The company’s other transactions in the past month include the acquisition of a Steamboat Springs retail/office center, Sundance at Fish Creek, for …
NorthPoint Development Closes on 185 Acres of Land in Aurora
NorthPoint Development has closed on 185 acres of land that will be the site of Stafford Logistics Center, a 350 acre, ±4.4-million-square-foot industrial and mixed-use development located at the confluence of I-70, E-470, E. Colfax Avenue and Picadilly Road in Aurora. NorthPoint has already started construction on a 598,500-square-foot warehouse …
Greystar Acquires Site of New Multifamily Project in Denver
600 Park Avenue W., the site of a new 13-story, 238-unit multifamily complex under construction in Denver’s Five Points neighborhood, has sold for $9.1 million. The Carlton Group, an international real estate investment banking firm, advised the seller, Alsation Multifamily Group, on the investment sales transaction. The property was acquired by Greystar and …
Makeover Coming for Underutilized Platte Street Plaza
Platte Street Plaza, the underutilized passageway at the base of the Highland Bridge, is about to get a lot greener, cleaner and brighter. The area will soon become a dynamic gathering space and community asset thanks to a public/private partnership between Unico Properties LLC and the City of Denver, with the $1.7 million in …