RiNo Office Space Expected to Double in 5 Years
View here According to CBRE Group, RiNo’s office space has increased by as much as 85 percent since 2008 — 785,87-square-feet of office space, compared to 425,458-square-feet a decade ago. That number is expected to double in the next five years, with 800,000-square-feet currently under construction or in the planning stages. Image …
Auction of 59-Acre Parcel in Lakewood Delayed
View here A U.S. District Court judge has ordered a delay in the auction of a 59-acre parcel of land in Lakewood owned by the federal government. According to the Denver Business Journal, under the order, HUD has agreed to reopen a review of its determination of “unsuitability” for use …
Madrid-Based Ferrovial May Lead DIA Terminal Renovation
View here The Madrid-based conglomerate Ferrovial — a leading infrastructure and services operator — may lead the $1.8 billion terminal renovation at DIA, if the City Council approves a partnership contract at tonight’s meeting. Ferrovial — whose airport operator is leading a team of equity and construction partners in a proposed 34-year arrangement at DIA — develop …
Glendale 180 Development Back on Track
View here The development of a large entertainment complex to be built in Glendale — that previously met some legal resistance — is in negotiations with a Dallas-based developer to be built. On Tuesday, City leaders voted 6-0 to start negotiations with the developer to build the project. The City …
Weitz Completes Denver’s Only Immunocompromised Patient Recovery Center
DENVER – The Weitz Company, a national general contractor, design-builder and construction manager that serves all 50 U.S. states, has completed phase two of the only Children’s Hospital Colorado-approved, safe-clean housing facility for immunocompromised patients and their families. Originally called Brent’s Place Too but later named in honor of a former patient, Tanner’s House …
RiNo’s First & Only Hotel Celebrates Topping Out
DENVER – Approximately 200 people gathered this past Friday, August 4th to celebrate the topping out of Denver’s Source Hotel Project. Located in the River North Art District (RiNo), the Source Hotel will be the neighborhood’s only hotel, and will complement the existing Source Marketplace. The event is a common one in …
DIA Official Named Denver’s New Economic-Development Director
View here Eric Hiraga, a Denver International Airport official and former real estate development executive is to become the next executive director of the city’s Office of Economic Development. Th former executive vice president and chief of staff at DIA will begin his new role Sept. 5. Image courtesy of …
Denver’s Mariposa District Celebrates Completion of Apartment Units
View here Denver’s Mariposa District development is celebrating the completion of its apartment units. The Denver Housing Authority (DHA) is redeveloping the existing distressed public housing to provide Denver residents with affordable and market-rate living options that offer easy access to the nearby 10th and Osage light rail station. Three more parcels …
Has Denver’s City Permit Process Improved?
View here According to the Denver Business Journal’s Cover Story, restaurateurs and home builders have mixed feelings as to whether changes implemented to Denver’s planning and permitting processes in the past two years, have improved the process of opening a business in the city.
$86M Apartment Project Breaks Ground in Westminster
View here Minneapolis-based developer Sherman Associates has broken ground on Ascent, an $86 million apartment project in Westminster with 24,000-square-feet of ground-floor retail. The ground-breaking comes one month following the news that an Origin Hotel and Marcyzk’s Fine Foods will be developed on the Westminster mall site. Image courtesy of City …