CO’s Economy Outperforms Nation According to CO Business Review 2016 Mid-Year Update
by Julie Wanzer, LEED AP Denver, CO – The University of Colorado Boulder Leeds School of Business recently released their 2016 mid-year economic update. The report draws from data and findings from several contributors including, but not limited to, Construction Economics, LLC, Colorado Department of Labor and Employment, and the …
Gaylord Rockies Expands Marriott’s Meeting Space Offerings & Boosts Colorado’s Construction Workforce
by Julie Wanzer, LEED AP Denver, CO – The Gaylord Rockies Resort & Convention Center was highlighted by Marriott International, Inc. in a speech given by Brian King, the company’s Global Officer, Brand Management & Global Sales, at the Global Business Travel Association’s annual convention in Denver on July 17, 2016. …
Market Perspective: Opposition to Affordable Housing Development Fees
View here After only a week of the release of Mayor Hancock’s plan for affordable housing, opposition is already mounting on the affordable housing development fee on new construction projects in order to pay for the 6,000-unit, $150 million affordable housing plan. Naysayers conclude that the fee will result in higher …
CO Ranks #8 Nationally CRE Development
View here According to NAIOP’s Research Foundation, Colorado ranks number 8 nationally for the economic impacts of commercial real estate for 2015. Colorado is gaining in notoriety after not even making the top 10 for the previous year. Photo credit: FreeImages.com/marina nisi
36th & Blake Development Project Finds New Tenant
View here HomeAdvisor will be moving from its current headquarters in Lakewood into the latest development project by Hub LLC and co-developed by Elevation Development Group at 36th and Blake Streets. HomeAdvisor is hoping to attract millennials in the technology industry with the lease of the new 58,000 SF office located on the …
TOD Orchard Station Coming to Greenwood Village
by Julie Wanzer, LEED AP Greenwood Village, CO – A new transit-oriented development (TOD) in Greenwood Village has been unveiled by Alberta Development Partners. This type of development first took center stage in 2006 when the City and County of Denver released its TOD Strategic Plan to help guide TOD related …
CRE Giving New Life to Public Art in Denver
View here Commercial real estate companies such as Brookfield Office Properties and Beacon Capital Partners are supporting artists and incorporating public art installations into their properties in downtown Denver. Brookfield Office Properties owns two buildings downtown, including Republic Plaza and 1801 California and Beacon Capital Partners owns the Wells Fargo Center …
MorningStar Senior Living, Confluent Development Break Ground on Arvada Senior Living
Arvada, CO – Co-developers MorningStar Senior Living and Confluent Development have broken ground on a new senior living community in Arvada. With an anticipated completion in Fall 2017, and an information center onsite by January 2017, the project will open under the name MorningStar Senior Living of Arvada, delivering 141 suites …
HFF Arranges $39M Financing for Brighton Multifamily
Brighton, CO – Holliday Fenoglio Fowler, L.P. (HFF) recently announced that it has arranged $39.45 million in construction and preferred equity financing for the development of Elements at Prairie Center, a 288-unit multi-housing community in Brighton, Colorado. HFF worked exclusively on behalf of the developer, a joint venture between Delaware-based The …
Downtown Denver Development Map Highlights $4.4B in Total Investment Since 2011
Denver, CO – The Downtown Denver Partnership has released the 2016 Downtown Denver Development Map detailing projects that have been completed or are currently under construction since January 2011. Currently, $4.4 billion of total investment in development has been completed or is under construction in Downtown Denver, totaling 73 projects, 3.1 …