AHA to Begin Final Phase of Affordable Housing Project in Aurora
On Wednesday, March 15 the Housing Authority of the City of Aurora (AHA) will begin construction of the second and final phase of Peoria Crossing. The 2.3-acre transit-oriented site is adjacent to Peoria Crossing I and will add 72 units of affordable housing to round out the multifamily campus to 154 units. …
RidgeGate in Lone Tree Poised to Make Significant Progress in 2023
The RidgeGate community in Lone Tree saw significant momentum with the completion of several major development milestones last year and expects to see significant progress on the east side in the year ahead. New infrastructure, public transportation, extensive parks and open space, retail space, commercial and residential offerings are taking …
Transit-Oriented Apartment Community Breaks Ground in Aurora
Legacy Partners and joint venture partner Griffin Capital Company, LLC announced that Legacy Metro 525, a 380-residence, transit-oriented apartment community coming to Aurora, has broken ground. The project will feature a mix of 380 studios and one-, two-, and three-bedroom apartment homes with an average unit size of 846 square feet. KTGY …
151 Affordable Units Break Ground on Former CDOT Site
Kentro Group, a Denver-based, privately-held real estate investment and development firm, and Lexton McDermott, a multifamily real estate development leader based in Centennial, have broken ground on Krisana Apartments, 151 units of deed-restricted, affordable housing located on the former CDOT headquarters site at 4343 E. Arkansas Avenue, Denver. Pinkard Construction …
The Bascom Group Acquires Age-Restricted Apartment Community in Lakewood
Avenida Lakewood, a 230-unit, active aduly community that is restricted to residents age 55 or older, has sold to private equity firm The Bascom Group for an undisclosed price. Llocated at 11001 West 15th Place, Avenida Lakewood, designed by architecture firm KTGY, opened on July 4, 2019. The community features spacious one-and …
Denver to Phase Out Certain Gas Equipment in Commercial Buildings
Beginning today, March 1, new code requirements to help Denver reach its climate action goals will go into effect for existing commercial and multifamily buildings. These requirements were outlined in the Energize Denver ordinance passed by City Council in 2021. The new requirements will apply to gas-powered space and water …
Kentro Group Acquires 24 Acres in Loveland for Residential Development
Kentro Group, a Denver-based real estate developer offering all aspects of retail real estate, acquisitions, development, finance, leasing and select property management, has acquired ±24 acres of land on two adjacent parcels in Loveland. The developer plans to construct a new residential project on the property. Located at the southwest …
80 Rental Units Proposed for East Colfax
According to concept plans submitted by Denver-based architecture firm The Mulhern Group to the City and County of Denver, Paradise Land Company has proposed the construction of two residential buildings at 3300-3310 E. Colfax Ave. (the former site of Paradise Cleaners) that will provide a combined 80 rental units. 70 of which …
New Real Estate Investment Fund Provides Opportunity to Invest in Distressed Real Estate
Real estate veteran and turnaround specialist James King, founder of Denver-based King Communities, has introduced a real estate investment fund, providing people with the opportunity to invest in distressed real estate assets. The Contrarian RE Fund 1, LLC, researches, identifies and acquires multifamily and manufactured home communities that are being …
Coors Family’s Five-Block Downtown Golden Property Newly Branded “Clayworks District”
AC Development, a privately-owned real estate company launched in 2020 by the Coors Family, has announced the launch of Clayworks, the new brand for the planned mixed-use district in downtown Golden previously known as the CoorsTek 9th Street Redevelopment. Clayworks will be an extension of downtown Golden, welcoming the community …