New Affordable Housing Development to Welcome New Residents
Peoria Crossing, Aurora Housing Authority’s newest affordable housing development, located at 30th Avenue and Peoria Street in Aurora, is now complete and will open its doors to the first of many residents on Friday, October 4. Peoria Crossing added 82-units of affordable housing to the Morris Heights neighborhood. The transit-oriented development aims to connect people …
Mayor Hancock Submits 2020 Budget Proposal
This week, Mayor Michael B. Hancock submitted his 2020 spending plan to Denver City Council, a $1.49 billion budget that reflects years of fiscal strength, protects Denver’s prosperity and prepares the city as the economy begins to show signs of moderating. “The people’s priorities are clear, and this budget proposal …
New Development at 100-acre Denver Hub Supports Demand for Industrial Space
Development partners Bradbury Properties and Confluent Development, have started construction on three buildings in metro Denver’s 100-acre industrial hub, Highfield Business Park. Upon completion, the three projects will mark the industrial hub’s near build-out, spanning about 10 years and totaling 1.25 million square feet of industrial space, with only 12 …
Tech Company Fivetran Expands at Denver’s STEAM on the Platte
Fivetran, Inc. a fast-growing tech company based in Oakland California, has leased 16,000 square feet at STEAM on the Platte, the newly developed office building at 1401 Zuni Street in Denver. With a dynamic central location, Fivetran expects to grow its current Denver team from 40 employees to more than 150 in the …
E-470 Public Highway Authority Seeks Partners to Redevelop Four Prime Sites
The E-470 Public Highway Authority, a toll highway on the eastern portion of the Denver Metropolitan Area, has released a Request for Proposals (RFP) to invite the private sector to commercially develop four highly-visible sites with each site consisting of a northbound and southbound parcel. The public-private partnership would be …
Transit-oriented Mixed-use Development Proposed for RiNo
According to the Denver Business Journal, Denver-based Invent Development Partners plans to develop a new mixed-use development in RiNo, to include a 12-story residential tower and an eight-story select service hotel. Invent closed on approximately $24.8 million of land in the River North Art District near RTD’s 38th and Blake on …
27-acre TOD Development Coming to Westminster
According to the Denver Business Journal, Land Capital LLC, recently closed on 27.5 acres near the intersection of 72nd Avenue and Federal Boulevard, near RTD’s Westminster Station, for $8.4 million. In partnership with Denver developer Curt LeRossignol and Hugo Weinberger, co-president of Denver-based Situs Group, the developer plans to build …
San Fran Developer Purchases Two RiNo Parking Lots for $36.2M
View here Carmel Partners has paid $36.19 million for two parking lots adjacent to PepsiCo’s bottling plant, according to property records. 3800 N. Brighton Blvd. sold for $16.41 million and 3900 N. Brighton Blvd. sold for $19.78 million. The San Fransisco developer will likely build a multifamily property and hopes to …
12.5 Acres of Land Along TOD Development Sells for $6.5M
A 12.5 acre site on Tollgate Creek in Aurora, has sold for $6.5 million. The site is strategically located adjacent to the 13th Avenue Light Rail Station in Aurora which serves the Fitzsimmons Medical Campus and the Denver Tech Center. “The buyer intends to develop the land into 350+ Class-A …
Zocalo to Deliver In-Demand, High-Design, Smaller Units to RiNo
By Katie Rapone Denver-based Zocalo Community Development recently broke ground on its largest project to date, a 13-story, 381-unit apartment community at 35th & Walnut in RiNo that aims to give renters, primarily those in their late 20s and early 30s, the opportunity to live in a top-class, high-design, high-energy building …