DevelopmentEducationMultifamilyRetail

Revitalization of Former Mile High Greyhound Park on Track to Begin Q2 2019

COMMERCE CITY, CO— The former site of the Mile High Greyhound Park is set to become a vibrant, mixed-use area in the coming years, combining residential, retail/commercial, civic and educational spaces that will hopefully help revitalize Commerce City. The urban renewal plan was recently approved by the planning commission, Commerce City Urban …

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ArchitectureConstructionDevelopmentEngineeringMultifamilyRetailTransit

The Opus Group Completes Mixed-Use Luxury Apartments in Centennial

DENVER – The Opus Group (Opus) have completed The Glenn, a six-story 306-unit multifamily development in Centennial. The pedestrian-friendly building has 2,100 square feet of ground level retail, which currently is available for lease. Named in honor of local entrepreneur and philanthropist, Glenn Jones, the transit-oriented development is located just two …

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ConstructionDevelopmentMultifamily

Denver at Risk of Oversupply of Multifamily Properties in Coming Years

DENVER — A new report by Yardi® Matrix indicates that multifamily deliveries might outpace demand in some key U.S. housing markets, including Denver. Yardi Matrix conducted a study to determine which areas might be at risk of oversupply or undersupply over the next five years. The research revealed that deliveries in …

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FinanceMultifamily

CBRE Completes $23.4 M of Newly Constructed 1515 Flats at Sloan’s Lake

DENVER – CBRE announced that it recently completed the $23.4 million sale of the newly constructed, 82-unit 1515 Flats multifamily development located at 1515 Vrain Street, just south of Sloan’s Lake in Denver. CBRE’s Dan Woodward, David Potarf and Matthew Barnett represented the seller, Vrain Street Investments of Denver. The …

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BrokerageInvestmentMultifamily

Sale of Multifamily Property Near Aspen Spotlights Opportunity to Invest Beyond the Front Range

DENVER — An income-restricted apartment community located in Basalt, about 20 miles northwest of Aspen, has sold for $12.4 million. The recently completed 50-unit development, called The Willits Seven Apartments, offers income-restricted housing for residents living and working in the Roaring Fork Valley. Dan Woodward, David Potarf, Matthew Barnett and Jake Young with …

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ConstructionDevelopmentMultifamily

Weitz Tops Out Luxury Apartment High-Rise in Downtown Denver

Scheduled to be completed in June 2019, Radiant, a multi-family residential construction project in downtown Denver, recently topped. Project general contractor The Weitz Company celebrated the milestone with developer LMC, A Lennar Company, by hosting a lunch for over 400 trade partners and project stakeholders at the jobsite. “Our employees and …

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BrokerageConstructionDevelopmentMultifamilyRetailSustainability

First Integrated Mixed-Use Property to be Built in Wheat Ridge

DENVER — A new mixed-use property called West End 38 Apartments is to be built in Wheat Ridge, Colorado that is expected to serve as a catalyst for further re-development along the 38th Avenue corridor. The new property will feature 165 apartment units, 7,269 square feet of retail space, and a mix of outdoor public courtyards …

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Affordable HousingArchitectureDevelopmentMultifamily

Affordable Housing Architecture Firm Retains Top Talent by Promoting from Within

DENVER — ej architecture, a metro-Denver architecture and planning firm, recently expanded its leadership team with the promotion of Raul Gardea-Flores, AIA associate, to project manager. Employee retention at a small, boutique firm like ej architecture is paramount to support the firm’s ethos to provide consistency, diversity, and accessibility for …

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Multifamily

Rents in the Mile High City Among the Fastest Rising in the U.S.

DENVER —RentCafé just released their monthly rent report with data compiled from actual rents charged in the 250 largest US cities. Renters are looking at an optimistic start of the rental season. The national average rent in May 2018 was $1,381 per month, up only 2 percent Y-o-Y, marking the weakest annual …

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DevelopmentMultifamily

McWHINNEY Multifamily Projects Begin Leasing

DENVER — McWHINNEY – a Colorado-based premier real estate investor and developer with expertise in multifamily, hospitality, mixed-use and commercial assets – has multiple Colorado multifamily projects in the works, including three communities that will welcome residents this year. Cycle, a 405 apartment home community in Fort Collins, and Pinyon Pointe, a 166 apartment …

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