Avanti Food & Beverage to Open in Boulder
BOULDER — Avanti Food & Beverage (Avanti), a collective eatery and restaurant incubator, today announced that it will open a second location in Boulder, occupying the former Cheesecake Factory space at 1401 Pearl St. Avanti’s Boulder location will open in late 2019. “We have been actively seeking space in downtown Boulder for …
Opportunity Beckons Denver’s Investors and Developers in 2019
By Katie Rapone Ever since opportunity zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017, investors, property owners and developers alike have been scrambling to make sense of the new law to better learn how to take advantage. An opportunity zone …
Infill Development Marks Denver Hospitality Firm’s First Tru by Hilton Hotel
DENVER – Construction is underway on Stonebridge Companies’ dual-brand Hilton property in downtown Denver. Stonebridge Companies, headquartered in Denver, is serving as the owner, developer and operator for the new 22-story project that will add 382 hotel rooms and suites to welcome guests to downtown Denver. The property is within …
Topping Off: Northfield Fire Station No. 39
DENVER – PCL Construction recently celebrated the topping-off of the Northfield Fire Station No. 39 located at Central Park Blvd. and 50th Avenue in Stapleton. The Fire Station, which is scheduled for completion in May, will provide faster response times to surrounding neighborhoods and schools while continuing to address the increased need …
Renovations and Expansions for Northeast Elementary School and Overland Trail Middle School Now Complete
DENVER — 27J Schools recently celebrated the completion of Northeast Elementary’s and Overland Trail Middle School’s expansion and renovation projects at two ribbon cutting ceremonies held in Brighton on Thursday, January 10. GE Johnson Construction Company completed the expansion and renovations projects. The architect for the project was Studiotrope in Denver. MTech Mechanical, a …
Iconic Union Station Office Building Awarded LEED Platinum
DENVER – 16 Chestnut building in the Union Station neighborhood has been awarded LEED Platinum certification. Developed by East West Partners, a Denver-based developer devoted to building, selling, managing and supporting high-quality real estate, in partnership with global real estate investment manager Invesco Real Estate, 16 Chestnut is only the third …
Denver Sets New Records Spanning Investment Sales Volume, Lease Rates and Absorption
DENVER – CBRE just released its Q4 2018 reports analyzing the year-end performance of metro Denver’s office, industrial and retail real estate sectors. Investment sales volumes soared for both the office and industrial sectors, while the office and retail sectors each recorded all-time high lease rates at the end of the year. Net …
Construction Costs Increase as Markets Remain Active
DENVER — Turner Construction Company’s Fourth Quarter 2018 Turner Building Cost Index—which measures costs in the non-residential building construction market in the United States—has increased to a value of 1120. This represents a 1.36 percent quarterly increase and 5.86 percent yearly increase from the Third Quarter 2018 and Fourth Quarter 2017, …
WeWork Anchored Office Development Announced for RiNo
Revolution 360 LLC — a joint venture composed of general partner Ed Haselden, who is chairman of the board at Haselden Construction; Keystone Equities; Rob Cohen; Tributary Real Estate and Avenue Property Group — has announced plans to build a five-story office and retail development that will break ground in the …
Becknell Industrial Completes Second Land Acquisition at Nexus at DIA
DENVER – Schuck Communities & CH Thompson Company have sold 39.81 acres of industrial land within Nexus at DIA, a master-planned business park, located at 84th Avenue and Quintero Street in Commerce City. Becknell Industrial, specialists in the development, investment and management of industrial properties across the U.S., purchased the land …