Affordable HousingArchitectureConstructionDevelopmentMultifamilyTransit

103 Income-Restricted Residential Units Under Construction in Capitol Hill

Construction is officially underway on Capitol Square Apartments, a 103 income-restricted residential project one block from the Colorado State Capitol Building on the corner of 13th Ave. and Sherman St. in downtown Denver. Developed by Denver-based Mile High Development and Chicago-based Brinshore Development, and designed by KTGY, the new six-story, …

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ArchitectureConstructionDevelopmentTransit

405-Unit Apartment Community Planned for Colfax Avenue Corridor

Marking the company’s first investment in the Denver market, North Carolina-based Grubb Properties will add essential housing to the City of Aurora by developing a 405-unit apartment project, called Link Apartments® Fitz, at the southwest corner of East Colfax Avenue and Peoria Street. Construction on the project is expected to begin in June. …

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Affordable HousingTransit

RTD Vote to Turn Underutilized Parking Lots into Affordable Housing

RTD Board of Directors will vote today on a resolution that would turn some empty Park-N-Ride parking lots into affordable housing. The proposal comes in response to a recent RTD study on parking utilization in the metro area that suggests that developers are building more parking than they actually need. RTD’s …

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BrokerageMultifamilyTransit

Transit Oriented Multifamily Asset in Arvada Sells to The Praedium Group

With new apartment communities few and far between in Arvada, New York-based The Praedium Group seized the opportunity to purchase Gateway Arvada Ridge, a Class A, 296-unit multifamily asset located at 5458 Lee Street in Arvada. Newmark Vice Chairmen Shane Ozment, Terrance Hunt and Chris Cowan represented the seller, Embrey, who developed the property, …

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MultifamilyTransit

Transit Oriented Multifamily Community Sells to National Real Estate Firm

The Praedium Group, a New York-based national real estate investment firm, has acquired the newly constructed Gateway Arvada Ridge multifamily community in Arvada, for an undisclosed price. “The Denver market continues to outpace the country in terms of job and population growth, even throughout the current health crisis,” noted Lindsay Schuckman, vice president …

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ConstructionDevelopmentMultifamilyTransit

Groundbreaking: Sky Ridge Station Apartments, Lone Tree

Construction has begun on the Sky Ridge Station Apartments, a new 240-unit apartment complex situated on the last parcel of land at the Sky Ridge Station transit-oriented development (TOD) site. The seven-story apartment complex, which includes two levels of parking, is adjacent to several large employers in the area including …

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DevelopmentFor SaleTransit

TTLC Acquires 7 Acres in Adams County for Duplex Development

The True Life Companies (TTLC), a real estate private equity firm focused on repurposing underutilized property to create new housing options in high-need U.S. markets, has acquired seven acres of land in Adams County, the newest addition to its portfolio. The firm has identified a prime location for the development of …

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ConstructionDevelopmentEnergyRetailSustainabilityTransit

Vectra Bank to Break Ground on Corporate Center at I-25 and Belleview

Denver-based Vectra Bank will hold a virtual groundbreaking ceremony this week to mark the start of construction on the bank’s new corporate center at I-25 and Belleview Station. The three-year, multi-million-dollar project represents a significant real estate investment during an uncertain and challenging time. The 127,000-square-foot, nine-story, mixed-use building, scheduled …

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DevelopmentHospitalityMultifamilyRetailTransit

Denver Developer Proposes Large Mixed-Use Project Near DIA

According to a concept plan submitted to the City of Denver, Denver-based developer The Pauls Corporation is proposing to construct a mixed-use development consisting of 1,175 units of for-rent apartments and townhomes, as well as 60,000 square feet of retail and hotels, on a 60.1-acre parcel of land at the northeast intersection …

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ConstructionDevelopmentOfficeTransit

JHL Constructors Selected for the Jones District Phase 1 Infrastructure Project

JHL Constructors, a Colorado-based and Colorado-focused builder, has been selected for Phase 1 of the Jones District infrastructure project located in Centennial— a master planned community that when complete will feature up to four million square feet of office, residential, retail and hotel components. Selected by project owner’s representative Independent District Engineering Services for …

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