Transit-Oriented Development in Lakewood Goes Vertical
Denver-based general contractor Martines Palmeiro Construction (MPC) broke ground in February on Highland Development Company’s first ground-up apartment community in the Denver area, an integral addition to the West Line Village development near Sheridan Station. The project is going vertical with concrete at the garage, with the lower level garage walls …
Investor Takes Advantage of Low Rates, Acquires Centennial Office Building
Arapahoe Plaza East II, located at 7955 East Arapahoe Court in Centennial, has sold for $3,525,000. The 29,140-square-foot multi-tenant office building was 96 percent occupied at the time of sale with a diverse tenancy of professional office tenants who were attracted to the building’s ideal location and recent improvements to the interior suites …
AMLI to Add 300+ Units to Denver’s Broadway Park
D4 Urban, a Denver-based creative mixed-use development company, has sold its 2.68-acre land parcel on South Broadway in Denver. The site is located in the heart of Broadway Park – a mixed-use infill redevelopment totaling 75 acres and entitled for up to 10 million square feet of future development. Newmark Knight Frank Executive …
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 …