The Jacquard
ConstructionDevelopmentHospitality

The Jacquard Joins Cherry Creek North’s Robust Hotel Market

DENVER – Denver-based Stonebridge Companies, a privately owned, innovative hotel management company headquartered near Denver, celebrated the topping off of its newest hotel, The Jacquard, on Tuesday. In partnership with Autograph Collection Hotels – Marriott International’s curated portfolio of hotels recognized for celebrating individuality – the new centerpiece of the fashionable Cherry Creek North neighborhood. The …

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ConstructionDevelopmentOffice

Solid Office Demand Forecast for 2017

DENVER — A new forecast released by the NAIOP Research Foundation calls for approximately 39.7 million-square-feet of net absorption of office space in 2017 — about 10 million-square-feet per quarter — similar to the 41.4 million-square-feet actually absorbed in 2016. NAIOP Office Space Demand Forecast, Second Quarter 2017 report highlights: …

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CVS Parker
ConstructionDevelopmentRetail

CVS Pharmacy Expanding in Colorado

View here The Rhode Island-based pharmacy chain, CVS Pharmacy, opened its newest store in Stonegate, Parker yesterday. The new store is the first of three standalone locations opening in the state this year.   Image courtesy of CVS

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DU Campus
ConstructionDevelopment

DU Planning $143M Campus Development

View here According to the Denver Business Journal, Denver University is planning a $143 million construction project for three of the university’s buildings: a first-year residence hall for $55.5 million, a new community commons center for $72.5 million and a career achievement and global alumni center for $15 million. The new buildings will …

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ArchitectureConstructionHealthcare

$27M Eating Recovery Center Coming to Lowry

View here Westside Investment Partners will soon break ground on a three-story, 62,000-square-foot treatment center for eating disorders. Westside is budgeting $27 million for construction and has reportedly hired Brinkman Construction as general contractor. Farnsworth Group are the architects for the project. Eating Recovery Center already operates six other facilities in Denver, thanks to funding from …

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DBJ Crane Watch_Denver CO
ConstructionDevelopment

Hickenlooper Signs Construction-Defects Reform Bill

View here DENVER – Following a decade of exceptionally low condo inventory in Colorado, today Governor John Hickenlooper signed a bill that will make it more difficult for associations of condominium owners to file multi-million-dollar construction-defects lawsuits. “This bill will help us make housing more affordable in a lot of different ways,” …

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Carriage Units
ConstructionDesignDevelopmentMultifamily

Top 5 Reasons Carriage Units are Becoming Popular in the ‘Burbs

View here The need for traditional two-story homes has waned over recent years and a demand for non-traditional apartment living has increased. Carriage units — apartments constructed on top of a garage, to maximize space — offer an alternative living style that adds character, transforming a building into townhome-like residences.  

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ConstructionDevelopment

Wells Fargo Exec: Slim Margin for Error in CRE

View here According to an article in the Colorado Springs Gazette, Adam Doud, a vice president who heads sales and business development efforts for the Wells Fargo & Co.’s real estate asset management group, says the margin for error in CRE investment is slim to non existent due to rising prices. …

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ConstructionIndustrial

Coors to Break Ground on $50M Milwaukee Brewery Expansion

View here Denver’s Molson Coors Brewing Co. will break ground on a $50 million expansion of its Milwaukee brewery on Friday. Construction plans include adding a 119,328-square-foot packaging and warehousing facility as well as 11,360-square-feet of new space on the existing brewhouse building, mostly for storing new brewing tanks.

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ConstructionMultifamily

Adams County Apartments Maintain Affordability

View here To preserve the affordability of the Aztec Villa Apartments in Thornton, CO that more than 500 people call home, the Adams County Housing Authority successfully secured low-income housing tax credits and other financing mechanisms to fund its recent renovation. $11.8 million worth of construction upgraded the landscaping and parking …

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