ArchitectureConstructionDevelopmentMultifamily

Transit-Oriented Apartment Community Breaks Ground in Denver’s Globeville

Highland Development Company (HDC), a Denver-based real estate development company, has broken ground on its newest multifamily residential community—Iota Fox Station—in Denver’s Globeville neighborhood, one block from the 41st and Fox transit station.  The 148-unit, transit-oriented, apartment community is scheduled to open in the summer of 2023. The general contractor …

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BrokerageDevelopmentOfficeRentReports

Denver Office Market Sees First Quarter of Positive Absorption in Two Years

According to Newmark’s newly-released Q1 2022 Denver Office Market Report, with the new year and the pandemic numbers continuing to drop, employers have once again started to set plans for returning employees to the office. Office activity in Denver has picked up across all submarkets and industry types, although medium- and small-sized tenants remain …

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ConstructionDevelopmentEnergyFeatureSustainability

Precast, Prestressed Concrete Provides Benefits for Resilience and Sustainability

By Jim Schneider, LEED AP A building is an enormous investment in funds, labor and materials — not just in present-day terms, but also for the future. Building for tomorrow means making choices that create minimal impact today in the service of a structure that will serve its occupants and …

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ArchitectureConstructionDevelopmentMultifamily

Construction of 78 Market-Rate Rental Units Underway in Parker

Taylor Kohrs, a Colorado-based general contractor for nearly 40 years, recently began construction of Farmhouse Villas, a 78-unit housing complex in Parker. The 13-acre space of native land is being developed into a market-rate rental complex that will include a clubhouse, swimming pool, carports, and additional shared common spaces. The 78 …

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DevelopmentEventsHospitality

$40M Music Coliseum to Open in Colorado Springs in 2023

Set to rival Denver’s outdoor music venues, Notes Live, a rapidly growing hospitality and entertainment company, will open The Sunset, an 8,000 person state-of-the-art open-air amphitheater at the Polaris Pointe development in Colorado Springs in 2023. Backed with $40 million in financing, the new music venue will host the largest touring acts …

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Affordable HousingConstructionDevelopmentMultifamily

Construction Begins on 61 Affordable Homes in Cole Neighborhood

Denver’s Department of Housing Stability (HOST) recently joined with Mile High Ministries to celebrate the groundbreaking of a new 61-unit affordable apartment community, Clara Brown Commons. The project represents the first phase of redevelopment of an entire city block for affordable housing, which at full buildout will include rental and …

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DevelopmentMultifamily

Alliance Residential to Build 332 Multifamily Residences at Sterling Ranch

Alliance Residential has acquired land within Sterling Ranch, a 21st century master-planned community providing residents with an innovative and amenity-rich place to call home, for the construction of a 332-unit, boutique, resort-style apartment community. The community, which will be named Broadstone Sterling Ranch, will be a blend of three- and four-story buildings with integrated clubhouse …

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BrokerageDevelopmentHospitalityRenovation

Former Elks Lodge to Become Live Music Venue in Loveland

Elks Lodge in downtown Loveland has sold to Michael Pelphrey, a local private investor, for $1.85 million. Pelphrey has purchased the 100-year-old building with a vision to create a live performance venue. Located at 103 East 4th Street, the historic property was originally constructed in the early 1900s to serve as a …

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ArchitectureDevelopmentEnergyFeatureSustainability

Becoming Net Zero: Hard Work Pays Off

By Ryan D. Anderson, associate at 4240 Architecture Inc. Recent years have seen a relative flurry of significant reports emerge on the condition of the climate and the prognosis for its future. While it is abundantly clear that humanity’s steady technological advance has already inflicted irreversible damage upon the planet, the situation …

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ArchitectureBrokerageConstructionDevelopmentMultifamily

236-Residence High Rise to Break Ground in DTC Later this Month

Legacy Partners, a privately-held national real estate firm, and Pacific Life, a provider of equity and debt capital to the real estate market, will break ground this month on Araceli DTC, a 236-residence Class A, NGBS Green Certified Gold high-rise in Denver. “Araceli DTC will be a market-leading multifamily high-rise project …

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