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 …
Denver Moves to Hire Head of Urban Design
As Denver’s recovery moves forward, the city’s Department of Community Planning and Development is looking to elevate the role of urban design in preparing Denver for the future while preserving our historic buildings and staying true to Denver’s heritage. The department will hire a City Urban Designer to lead and champion this …
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. …
Central Park Urban Living Condos Welcomes Residents
On July 14, a Grand Opening event was held to welcome new residents to the Central Park Urban Living Condos, the first 100 percent affordable condominium project developed in Colorado since the state’s condominium legislation was passed. The 132 unit transit oriented condo project, developed by Northeast Denver Housing Center (NDHC), …
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 …