The Neenan Company Break Ground on PMCU Thornton Branch

Colorado-based design-build and development firm The Neenan Company has broken ground on Premier Members Credit Union’s (PMCU) first branch office in Thornton. Founded in Boulder nearly 60 years ago, the not-for-profit financial institution’s expansion into Thornton marks its 16th retail branch location. The 1,900-square-foot facility will be located at 755 …


Groundbreaking: Mental Health Facility in Salida

Solvista Health and GH Phipps have broken ground on a new mental health facility in Salida that will provide holistic care to individuals and their families. The architect is HGF Architects. The new 15,000-square-foot mental health facility will house services devoted to substance use withdrawal treatment, acute mental health treatment, …


Elsy Studios Completes Design of Colorado’s Health Capitol Office in Denver

Elsy Studios, a Denver‐based full-service commercial interior design firm, recently completed a new office space for Colorado’s Health Capitol, led by nonprofit organization Healthier Colorado. Located at 303 E. 17th Ave. in downtown Denver, the new 22,481-square-foot space is a first-of-its kind collaborative work environment for Colorado’s health and wellbeing …


22-Acre Industrial Project Breaks Ground Near DTC

Phase I of HUB Arapahoe, a 304,172-square-foot, 22-acre industrial warehouse campus development 1.5 miles east of I-25 at Arapahoe Road. HUB Arapahoe, which is owned and developed by Jordon Perlmutter & Co., will be the closest new generation warehouse development to the Denver Tech Center. “We are excited to break ground on HUB …


Sears Building to Become Luxury Apartment Complex

Evergreen Devco, Inc., a retail and multifamily development company, has paid $5.7 million for the Sears store property at the Chapel Hills Mall in Colorado Springs. Evergreen purchased the vacant property, which included the two-story, 141,000-square-foot building, parking lots and 12.6 acres, from Northwood Investors. The store, built in 1981, served …


GH Phipps Breaks Ground on Elementary School in Evergreen

GH Phipps and Marshdale Elementary School have broken ground on a new elementary school campus located in Evergreen. The groundbreaking event was led by Principal Zak Martin, along with Jefferson County Superintendent Tracy Dorland. Teachers and students were also in attendance to celebrate the start of construction. The new 68,875-square-foot, single …

Affordable HousingConstructionDevelopmentFeatureMultifamily

Local Housing Authority Redesigns Mixed-Use Building into Mixed-Income Affordable Housing

By Steve Kunshier In August 2020, Colorado-based Maiker Housing Partners broke ground on Caraway, a one-of-a-kind multifamily, mixed-income housing development located in unincorporated Adams County. As construction progresses and the project comes to life, Caraway has become much more than a new housing option for Adams County residents—it is a regional demonstration of how …


Denver-Boulder a Top Life Sciences Market

According to a new report from CBRE, life-science lab space has emerged as a coveted sector of commercial real estate as hefty increases in funding and employment have fueled both demand for lab space and new construction in leading U.S. life-science markets. Denver is the tenth-largest U.S. life sciences market in …


Increased Demand for Industrial Space Driving up Rental Rates, CBRE Report

According to a new report from CBRE, tight vacancies and high demand are sparking bidding wars for industrial space across the U.S., driving both asking and taking rent growth to new highs. Asking rents increased a record 8.3% year-over-year in Q4 2020 and 7.1% in Q1 2021—well above the five-year …


Grand Opening: Pikes Peak Summit Visitor Center

On Wednesday, June 30, Pikes Peak – America’s Mountain celebrated the grand opening of the Pikes Peak Summit Visitor Center with a ribbon-cutting ceremony. The event was emceed by John Register, Paralympic silver medalist and combat veteran, and included remarks by Colorado Governor Jared Polis and Colorado Springs Mayor John …