BrokerageDevelopmentHospitalityRetail

Former Macaroni Grill in Greenwood Village to be Redeveloped

Verdad, a national real estate development & construction company, has purchased the former Macaroni Grill restaurant property at 7979 Arapahoe Road, Greenwood Village, for $3.2 million. The company plans redevelop the property, which consists of a 7,418-square-foot building situated on a 1.86 acre lot directly on Arapahoe Road. Drew Isaac with Marcus & Millichap had …

READ MORE →
Community InvolvementFeatureHospitality

Rising to the Challenge in Crisis: How Developers Can Strengthen Community Togetherness

By Celeste Smith Developers are highly invested in the wellbeing of the projects they create, the businesses and residents they serve and the communities in which we all live, work and play. When impacts of the global COVID-19 pandemic resulted in widespread uncertainty, it was crucial for developers to rise to the challenge …

READ MORE →
DesignDevelopmentHospitality

PatioBox to Offer Denver Restaurants Outdoor Dining Solution

RoxBox Containers, a Denver-based manufacturing company, is utilizing shipping container modifications to meet the needs of many local establishments, providing restaurant patrons outdoor seating this winter. The solution comes in light of the city’s extension of the temporary outdoor dining program through October 2021. RoxBox has designed the PatioBox, a modified shipping container …

READ MORE →
DevelopmentHospitality

Alterra Mountain Company Adds Hospitality and Real Estate Divisions

Denver-based Alterra Mountain Company, a a community of 15 iconic year-round destinations, including the world’s largest heli-ski operation, is adding two new divisions to the company, Hospitality and Real Estate. These divisions will work in parallel with the Mountain Division, made up of the company’s 15 North American mountain destinations. …

READ MORE →
ArchitectureConstructionHospitalityOfficeRenovationRetail

Renovation of Boulder’s Crystal Building Complete

Unico Properties has completed a $4 million renovation of the four-story, 71,216-square-foot Crystal Building along Boulder’s famed Pearl Street Mall. Avanti, a local food hall, recently opened its second location in the building. “Pearl Street Mall continues to be the social heartbeat of Boulder, and the Crystal Building has long been a …

READ MORE →
DevelopmentHospitality

Kumar & Associates, Inc. Completes Work on Welk Resort in Breckenridge

Denver-based engineering consultant Kumar &Associates, Inc. (K+A) completed the construction materials testing and observation services for The Ranahan by Welk Resorts in Breckenridge at the end of 2019 for its opening in early 2020. The luxury vacation rental resort consists of an L-shaped, multi-story lobby/amenity building with two attached accommodations buildings. The site has a stand-alone meeting and maintenance building with associated …

READ MORE →
Aurora Crossroads
DevelopmentHospitalityOfficeRetail

$92M of Financing Secured for Aurora Crossroads and High Point Developments in Aurora

Financial services firm D.A. Davidson & Co. has secured nearly $92 million of tax-exempt bonds to fund the development of Aurora Crossroads and High Point, two Westside Investment Partners projects located at the southeast corner of the high-profile intersection of I-70 and E-470 and at the intersection of E-470 and 64th Avenue in …

READ MORE →
ConstructionDevelopmentHospitality

Brinkman Celebrates Opening of Aloft Hotel in Westminster

Brinkman Real Estate and Colmena Group celebrated the opening of Aloft at The Orchard Town Center in Westminster earlier this month. The limited-service five-story, 67,000-square-foot hotel has 120 guest rooms includes an outdoor pool, spa, full-service bar, meeting space, business center and fitness facility. “We’re thrilled to bring this key hospitality …

READ MORE →
HospitalityReports

U.S. Hotel Market May Not Recover Until Late 2021 or Early 2022, says Report

Integra Realty Resources (IRR), one of North America’s largest independent commercial real estate valuation and consulting firms, has released its Mid-Year U.S. Hospitality Report, which predicts that the U.S. Hospitality Market may not recover until late 2021 or early 2022. Julie Fugitt-Schultz, CCIM, director of Hospitality Valuation for Integra Realty …

READ MORE →
ArchitectureConstructionDesignDevelopmentHospitality

Extended-Stay Hotel Tops Out in RiNo

On Aug. 21, Sage Hospitality Group, along with Walnut Development Partners and EXDO Development, celebrated the topping off of RiNo’s first extended-stay hotel development at 3770 Walnut St. and also announced the long-awaited name of the independent new concept: Catbird. The overall concept for Catbird, including the amenities and food and beverage …

READ MORE →