
Updated FAA Drone Regulations Now in Effect
View here The Federal Aviation Administration released an updated set of regulations concerning commercial drone usage on Monday, August 29, 2016. The article cites a report from the Association for Unmanned Vehicle Systems International from April of 2016 that found that construction and infrastructure were the two industries that used drones the …

DBJ Unveils Crane Watch for CRE Industry
View here The Denver Business Journal launched a new interactive map that tracks all of the commercial development taking place in the Denver Metro Area. Crane Watch will be updated monthly and include the following industry sectors: office, hotel, multifamily, mixed-use, retail, healthcare and industrial. DBJ readers are encouraged to …

Affordable Housing Update: Fund Advanced to a Vote by the Full Denver City Council
View here The Affordable Housing Fund in Denver has been a topic of contention all summer, but the motion advanced to a vote by the full Denver City Council after a committee vote Wednesday, August 24th. The proposed fund would raise $156M over the next ten years with property taxes and a …

DCT Industrial Trust Acquires 14.6 Acres in the Northeast Submarket of Denver
Denver, CO – DCT Industrial Trust recently announced the acquisition of 14.6 acres in the Northeast submarket of Denver for the development of DCT Summit Distribution Center, a 168,000 square foot distribution building. DCT Industrial’s Denver team worked with multiple sellers to assemble three, ideally-located land parcels near I-70 and …
ARA Newmark Brokers Land Sale for Future Apartments in Denver Core
Denver, CO — ARA, A Newmark Company (ARA Newmark) announces the sale of a 1.15-acre land site in the most underdeveloped part of downtown Denver, the future home of Alexan Arapahoe Square apartment community. Construction is slated to begin this month with estimated completion in October 2018. Executive Managing Directors …

NexCore Leads Innovative Approach to Bring Buck Creek Medical Plaza to Colorado’s Vail Valley
Avon and Denver, CO – When NexCore Group broke ground on the new three-story, 48,400 square foot Buck Creek Medical Plaza in Avon more than a year ago, it realized a long-standing but rather elusive goal of building a new healthcare facility that uses 21st century delivery models to provide …

Eide Bailley LLP 1st Tenant at One Belleview Station
View here Eide Bailley LLP is the first tenant to sign a lease at the One Belleview Station office complex still under construction in the Denver Tech Center. The team for this spec-built office tower includes Prime West as the developer, The Weitz Co. as the contractor and Gensler as …

AMLI at Flatirons Multifamily Acquired by Bell Partners
Broomfield, CO – Bell Partners Inc., recently announced that, on behalf of its investors, it has acquired AMLI at Flatirons, a 500-unit community in Broomfield, Colorado, located halfway between Downtown Denver and Boulder. The community will be renamed Bell Summit at Flatirons and will be managed by Bell Partners. It is located …

Stonebridge Companies Converts Country Inn & Suites to Courtyard Marriott
Denver, CO – Stonebridge Companies recently announced the acquisition of the Denver International Airport Country Inn & Suites, and plans to convert the hotel to a Courtyard by Marriott brand. Conveniently located near the Denver International Airport transportation corridor, the significant renovation and conversion to the Courtyard brand will offer …

RiNo District Adds New 50-Room Boutique Hotel
Denver, CO – The Ramble Hotel, an independently owned, three-story hotel will open in late 2017 with 50 guestrooms; an intimate theatre and bar; flexible meeting space; a small retail outlet; an outdoor courtyard; an independently owned restaurant; and a marquee lobby bar, Death & Co Denver. The bar marks the …