SMPS Colorado February Luncheon: Opportunity Zones
DENVER — The Colorado Opportunity Zone Program is expected to pump millions of dollars of new investment into development in once overlooked areas. The program has the potential to fund a wide variety of projects, including real estate development, new infrastructure, affordable housing, renewable energy projects and startups. With such a substantial impact on …
Downtown Denver Partnership’s 2019 Economic Forecast
DENVER — According to the 2019 Economic Forecast Report released by the Downtown Denver Partnership (DDP), downtown Denver’s economy continues to perform exceptionally well. Companies and their employees continue to flock to downtown at a pace well above national, state and regional growth. Downtown jobs are providing people higher-paying job opportunities; …
Smart Concrete Solutions for 2019
By Chris Pederson, vice president of the Concrete Division of GH Phipps Construction Companies. Concrete may appear to be one of the more routine materials used in a construction project, but if an owner/developer/builder doesn’t give it the time, attention and respect it deserves, this “basic” material can wreak havoc on …
Denver-based Investment Development Firm Announces 2018 Highlights
DENVER — Black Creek Group, a Denver based real estate investment manager and development firm with a 25-year history, today announced its 2018 activity highlights. “We are very pleased with the strong performance in 2018 as our team continues to deliver results across all fronts,” said Raj Dhanda, Black Creek …
New Hotel Planned for Downtown Denver
Iowa-based Hawkeye Hotels has purchased a site at 1320 Glenarm in Denver’s Central Business District for $7 million, according to Denver County public records. Although the project is still in the design phase, Hawkeye Hotels confirmed to the Denver Business Journal that that the firm will build a dual-branded TownePlace Suites and …
Grand Opening: Boulder Valley School District Transportation Center
BOULDER — On January 25, the Boulder Valley School District (BVSD) held a ribbon-cutting ceremony for the opening of its new Transportation Center, the first of three major projects to support educational opportunities in the 31,000-student district. The $15.3 million transportation facility is the result of a master planning effort that …
Mixed-use Project to Break Ground in RiNo this Week
DENVER — Mass Equities, Inc. (MEQ), a private equity real estate investment firm based in Santa Monica, CA, and AECOM Capital, the investment arm of AECOM, are preparing to break ground this week on a huge mixed-use development on a 7.8-acre site along RiNo’s Brighton Boulevard. The partnership recently announced that “VARIO” …
More Self-storage Facilities Planned for Metro Denver in 2019
According to an article in the Denver Post, Denver is projected to remain a strong market for self-storage in 2019. According to to data and analytics firm STR, thirty-seven self-storage facilities opened in the 10-county Denver metro area in 2018, bringing the total operating today to 339. There are also …
City Releases Updated Denveright Draft Plans
DENVER – The City and County of Denver recently released updated versions of the draft Denveright plans to guide development, parks, and mobility options for a more inclusive, connected and healthy city over the next 20 years. More than 2,700 residents provided comments on the five plans during the review …
$7.8M Purchase Positions Workplace ELEMENTS for Long-term Growth
DENVER — Workplace ELEMENTS, LLC, a full-service enterprise providing progressive furniture and architectural products, has purchased a 14,600-square-foot adaptive reuse building located at 2495 Blake St. in Denver’s Ballpark Neighborhood. Andy Cullen and Ryan Arnold of Tributary Real Estate, a fully integrated brokerage, development and investment firm based in Colorado, represented Traci Lounsbury, principal …