Development

This week, Mayor Michael B. Hancock submitted his 2020 spending plan to Denver City Council, a $1.49 billion budget that reflects years of fiscal strength, protects Denver’s prosperity and prepares the city as the economy begins to show signs of moderating. “The people’s priorities are clear, and this budget proposal …

Pinkard Construction and 4240 Architecture have won a 2019 Best Project award for their work on Colorado State University’s Michael Smith Natural Resources Building. The awards, sponsored by Engineering News-Record Mountain States, are given to projects that excel in safety, innovation and teamwork. Located on CSU’s main campus in Fort Collins, the …

Development partners Bradbury Properties and Confluent Development, have started construction on three buildings in metro Denver’s 100-acre industrial hub, Highfield Business Park. Upon completion, the three projects will mark the industrial hub’s near build-out, spanning about 10 years and totaling 1.25 million square feet of industrial space, with only 12 …

A new Hoyt Advisory Study commissioned by the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) reveals that the apartment/multifamily industry and its residents annually contribute more than $3.4 trillion to the national economy. The new report, available at WeAreApartments.org, provides a detailed breakout of the economic impact …

McWHINNEY, master developer of Centerra, has announced plans for an additional 360,000 square feet of Class A industrial space across three new buildings at its Centerra Industrial expansion in Loveland. The campus’ three existing developments, totaling 291,000 square feet, are fully leased. Centerra Industrial is located a half-mile from Interstate …

JLL has arranged $22.86 million in financing for Phenix at Infinity Park I and II, two adjacent multi-housing properties totaling 185 units in the Denver suburb of Glendale. Working on behalf of Glendale-based Slipstream Properties, JLL arranged two 10-year, interest-only, fixed-rate loans through Freddie Mac’s Green Advantage program. The loans …

Tulsa-based Carpathia and Colorado Springs-based Mission Hill Capital have gone under contract to purchase the high-profile office property located at the intersection of Voyager Parkway and Interquest Parkway in northern Colorado Springs’ Victory Ridge development. Currently owned by Westside Investment Partners of Denver, the acquisition builds on a wave of recent momentum for the mixed-use project. …

Stantec — a global architecture, engineering, and design firm — is serving as the architect and interior designer for the new regional headquarters campus for Kiewit Corporation, one of North America’s largest construction and engineering organizations. The approximately 400,000-square-foot office complex in Lone Tree, is designed to accommodate more than 1,700 employees, enabling …

This week, McCaffery, Hines and Ivanhoé Cambridge released new renderings of T3 RiNo, at 3500 Blake Street. The property is being developed into a six-story, 250,000-square-foot T3 (Timber, Transit and Technology) office building, which will be one of the most environmentally friendly and sustainable developments in Denver. The development team …

Fivetran, Inc. a fast-growing tech company based in Oakland California, has leased 16,000 square feet at STEAM on the Platte, the newly developed office building at 1401 Zuni Street in Denver. With a dynamic central location, Fivetran expects to grow its current Denver team from 40 employees to more than 150 in the …