
Study Identifies 21 Downtown Denver Office Buildings as Good Candidates for Conversion
On August 16, The City and County of Denver released a study evaluating the compatibility of underutilized office buildings for potential conversion to residential uses. This kind of conversion, also known as adaptive reuse, allows for an existing building to be modified for a new use or purpose. The study, …

The Westin Riverfront Announces Exciting New Renovation Project
The Westin Riverfront Resort & Spa Avon, Vail Valley has launched an extensive renovation called “The Next Chapter” that will be completed by winter 2024 – including a guestroom refresh, the creation of a new Adventure Center with activity concierge and the Vail Valley’s first rooftop bar. Named one of …

Howell Construction Completes Colorado National Guard Ft. Lupton Readiness Center
Howell Construction recently completed a renovation and expansion project for the Colorado National Guard – Ft. Lupton Readiness Center. The center is dedicated to training and emergency preparedness and houses the Mountain Division of the Colorado National Guard Infantry. Scope included the ground-up construction of a vehicle maintenance building, which …

Taurus Builders to Complete Multiple Tenant Build-Outs at 240 St. Paul
Taurus Builders, a Denver-based full-service commercial construction firm, is under construction on three tenant spaces at 240 St. Paul, a six-story, 83,594-square-foot class A office building in Cherry Creek. Taurus’ scope of work includes major structural modifications to the interior and exterior of the building to accommodate each tenant. “Having …

3-Property Multifamily Portfolio on East Colfax Sells for $4M
The East Colfax Portfolio, a 26,662-square-foot, 36-unit, three-property multifamily portfolio, has sold for $4 million. Adam Riddle, Benton Adams and Austin Smith of Capstone brokered the transaction. The buyer, VareCo, was awarded these properties due to its strong Denver track record, ability to navigate the capital markets, and aggressively structured …

Southeast Colorado Hospital District Addition and Renovation Breaks Ground
GH Phipps and the Southeast Colorado Hospital District recently celebrated the groundbreaking of a new hospital addition and renovation work. The $13.9 million project will include 4,842 square feet of newly added space and the renovation of 16,280 square feet of existing space. The architect for the project is RTA …

Gym Property in Buena Vista Awarded Brownfields Cleanup Grant
The U.S. Environmental Protection Agency (EPA) today announced Watershed NP, Inc., will receive a $979,222 Brownfields Cleanup Grant, funded by the Bipartisan Infrastructure Law, to clean up the 5,450-square-foot former McGinnis Gymnasium at 113 North Court Street in the City of Buena Vista, Colorado. EPA’s award for the Buena Vista …

58-Key Hotel Proposed for Denver’s Lake Steam Baths
Boom Car Wash LLC, the new owners of the Lake Steam Baths, a bathhouse and spa facility located at 3540 W. Colfax Ave. in Denver, has submitted a proposal to the city to build a five-story, 58-key boutique hotel called The Lake Hotel, with underground parking and a spa. Denver-based …

DCPS Launches Helpful Tips Video Series for Property Managers
Denver Commercial Property Services has spent over a decade servicing the Colorado CRE community. Over the years, the organization received questions about property service tips. From the pandemic to the current economic state, DCPS continues to receive inquiries from property managers and owners alike. The organization sought this as an …

Howell Construction Completes CU Anschutz College of Nursing Renovation
Howell Construction recently completed reconfiguring an existing space into the new home for the CU Anschutz College of Nursing. The work began with the demolition of a previously occupied space. The Howell team removed conference rooms, existing specialized patient rooms, and existing hallways. Once the space was cleared, they transformed …