Tutor Perini Awarded $75M U.S. Air Force Academy Building Renovations Project
California-based Tutor Perini Corporation, a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. has been awarded a $74,991,089 firm-fixed-price contract by the U.S. Army Corps of Engineers, Omaha District, for Phase 3 building renovations of the Cadet Field House at the U.S. …
Unico Announces Interior/Exterior Improvements, Two New Leases to 1755 Blake Street
Building on its mission of developing innovative, people-focused building experiences in the city of Denver, Unico Properties LLC, recently announced a total upgrade to its downtown Denver office building, 1755 Blake Street, with the addition of two new leases. Bocce-bar concept Lob Denver will occupy the property’s ground floor, while online payment platform Melio …
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 …
Mile High Dine and Recline: DoubleTree by Hilton Hotel Denver
Each month, Mile High CRE will highlight a new place to dine or recline in the Centennial State. This month’s feature is DoubleTree by Hilton Denver. The DoubleTree by Hilton Denver is set to complete a multi-million-dollar interior renovation in June 2023. After a four-year pause in renovation caused by …
Hotel Born in Downtown Denver to be Rebranded Limelight Denver
Denver-based Continuum Partners LLC, has sold an interest in the Kimpton Hotel Born, located adjacent to Union Station at 1600 Wewatta St., to Aspen Hospitality, the hospitality division of Aspen Skiing Company. The newly formed joint venture marks the beginning of the hotel’s future conversion to Limelight Denver. Hotel Born will …
Avanti & Trinity Partner on $45M Sunset Peak Apartments + $5.3M Planned Improvements
Avanti Residential has partnered with Trinity Investors in the $45 million acquisition and recapitalization of Sunset Peak Apartment Homes, a 184-unit multi-family community in Thornton. The project is unique in its townhome design and low density for the local market area. It will receive a fresh capital infusion of approximately $5.3 …
Natural Object Closes on First Acquisition
Natural Object, the Denver-based development firm spearheaded by former Zeppelin Development leadership, has acquired the building at 2839 W. 44th Avenue, a mixed-use property in the Sunnyside neighborhood of Denver. The two-story building was constructed in 1952 and will be renovated and repositioned to include independent retail on the ground floor and creative …
Denver City Council Approves Hotel-to-Housing Project
On Monday, Jan. 16, Denver City Council approved a $9 million purchase and sale agreement for the acquisition of the Stay Inn, a four-story hotel, and two adjacent parcels, located at 12033 E. 38th Ave., 3835 Peoria St., and 3805 Peoria St. The hotel structure includes 96 bedrooms, 95 of which …
Creating Affordable Housing for Denver Families in Creative Ways
By Keo Frazier Soaring windows and high ceilings. Halls lined with vintage lockers. EV chargers free for residents’ use. An orchard and grape arbor with fruit free for the picking. These are just some of the amenities at Pancratia Hall Lofts, a new family-friendly affordable housing complex in the nearly …
Amplify Development Company Grows Presence in Colorado with Student Housing Acquisition
Amplify Development Company, a national real estate development and investment management company with ties to Colorado, has expanded its student housing-focused portfolio in the state, acquiring the Vista Apartments across from the University of Denver for $41.3 million. The acquisition is the firm’s third in Colorado and second near the …