Stantec Leading Transformational Design of Great Hall Project
In alignment with its 25th anniversary, Denver International Airport (DEN) recently announced that construction has recommenced on the Great Hall Project, with Stantec—a global integrated design firm—serving as lead designer. The work will include a renovation of the airport’s Jeppesen Terminal to create an airport for the future with enhanced safety and security, …
Light-Rail Expansion Highlights Office and Investor Demand in Denver
Denver’s office market is remarkably resilient and healthy, according to Marcus and Millichap’s 2020 Office Investment Forecast. Developers have remained disciplined when considering new projects over the past few years. Even speculative office space is largely focused in the major office districts of LoDo, the CBD and near the Denver …
DIA Celebrates 25 Years of Growth
On Feb. 28, Denver International Airport (DEN) celebrated its 25th anniversary. The airport opened to the public in 1995 and twenty-five years later, DEN is experiencing record-breaking growth, has out-grown its original facilities and has become an economic powerhouse in the region. “Denver International Airport is our gateway to the …
Triad Orchard Station Changes Hands, Transformation Underway
Denver-based investor and developer Focus Property Group has closed on the purchase of Triad Orchard Station and has hired the team of Ryan Stout, Nate Bradley, and Zach Williams of Cushman & Wakefield, as the exclusive leasing agents for the 414,831-square-foot, three building office campus. The campus is located at 5660, …
Construction Update: 6900 Layton
As you drive along I-25 near Belleview, it is hard not to notice the shiny new office building taking shape. 6900 Layton at Belleview Station, located at the southeast corner of Newport Street and Layton Avenue in DTC, officially broke ground way back in 2018 but the glass facade of the LEED …
Sale of Two Apartment Communities in Aurora Shows Continued Demand
Two apartment properties in north Aurora have sold for a combined $19.5 million. Elm Grove, a 59-unit apartment property located at 11852 E. 16th Ave., sold for $7,200,000 and Aspen Grove Apartments, a 99-unit apartment property located at 1568 Nome St., sold for $12,375,000. Greg Price and Jason Hornik, investment …
Urban Land Conservancy Secures Land for Affordable Housing in Westminster
The Urban Land Conservancy (ULC), a Denver-based real estate nonprofit, has completed the purchase of two adjacent properties totaling 5.5 acres at the Westminster Station. These acquisitions are known as the Westminster Station Transit Oriented Development, and were acquired using the Metro Denver Impact Facility (MDIF). The site is located …
Infrastructure: The Backbone of Successful Development
By David Crowder, vice president of community development/general manager of Centerra for McWHINNEY. As any real estate professional knows, infrastructure is at the core of successful development. It provides regional services via transportation for residents and business owners. It provides the capacity for future growth and development. It provides a higher level of function …
Apartment Project Approved For Final Parcel at Sky Ridge Rail Station
A new 240-unit apartment complex has been approved for development on the last parcel of land at the Sky Ridge Station transit oriented development (TOD) site of the new RidgeGate community in Lone Tree. The seven-story apartment complex, which includes two levels of parking, is adjacent to various large employers in …
Sheltair Breaks Ground on $20M Complex at Rocky Mountain Metropolitan Airport
Sheltair Aviation, one of the nation’s leading aviation services companies, recently broke ground on its new blue ribbon FBO service at Colorado’s Rocky Mountain Metropolitan Airport. Sheltair will provide the region with a 21 acre state-of-the-art, $20 million dollar complex that includes a new terminal, hangar and build-to-suit office space opportunities. …