Celebrate transit's role in affordable housing
in Colorado!
Transit Mixer - Networking with the Housing
Colorado Community
Thursday, August 18 from 4:30 - 6:30pm
Evans Station Lofts' Rooftop Patio - 2140 S
Delaware St, Denver, CO 80233
Colorado housing developers and the transit
community have fostered important partnerships
to put housing in areas with access to public
transit, allowing residents to redirect budget
resources to other needs while accessing
reliable and affordable transportation. Join
Housing Colorado, The Transit Alliance,
Transportation Solutions, Grand Valley Transit
and Urban Land Conservancy at the Evans Station
Lofts' rooftop patio for an informal networking
mixer and celebration of transit projects that
help keep affordable housing affordable. Register
at:
The Transit Alliance is gearing up for its 21st
Citizens' Academy this Fall. The Citizens'
Academy is a nationally-unique program with an
agenda reflecting the latest mobility issues,
such as neighborhood development near transit,
innovations in shared use mobility (car2go &
Lyft), pedestrian and cycling connections, and
how changing demographics in the region affect
transportation choices and needs. Since 2007,
nearly 800 Denver Metro Region residents have
graduated from the Academy. Participants
selected for the Academy will attend free of
charge and be provided scholarships from
supporting organizations and/or Transit
Alliance. Classes are held from 6pm-9pm every
Wednesday from September 28 to November 9 at the
Denver Metro Chamber of Commerce (1445 Market
Street, Denver, CO 80202) and include dinner.
Candidates may apply at the Transit Alliance
website through September 9:
Denver City Council Member Mary Beth Susman
reports that local residents will get an inside
look at how city planning works, when Denver
Community Planning and Development holds its
second Citizens' Planning Academy. Hosted in
partnership with the Inter-Neighborhood
Cooperation (INC) neighborhood coalition, the
free, three-part Citizens' Planning Academy
curriculum will give 30 participants insight
into the key aspects of citywide plans,
neighborhood plans and zoning. Last year's
academy was the first for the City of Denver.
Graduates of the 2015 academy said it empowered
them with information and spurred ideas for
engaging in and guiding planning efforts
effectively in their own neighborhoods and
citywide. The academy will be held three
weeknights this fall, yet to be determined.
Courses will be jointly taught by city
planners, neighborhood representatives and
industry professionals, with interactive
activities and group discussions. They will
cover:
Citywide Planning: How does a city of more than
650,000 set a vision for its future? Learn how
to identify and prioritize transportation and
land-use strategies to build sustainable and
well-connected communities citywide.
Neighborhood Planning: What are your
neighborhood's best features? What would make it
healthier, more livable, and better connected?
Learn how neighbors have worked together to
identify what character-defining features to
preserve and enhance, while opening doors for
appropriate reinvestment to keep their area
vibrant.
Zoning: Zoning can help translate a community's
broad vision into sticks and bricks. Learn about
Denver's context- and form-based code and how it
strives to improve the health, safety,
prosperity and quality-of-life for all of
Denver. Learn helpful tips about how to use the
code, including online tools available at
DenverGov.org/zoning.
The application deadline is August 19. To apply
or for additional information, visit:
DenverGov.org/CPD.
Denver City Council Member Wayne New reports
that in 2016, Denver Public Works is designing
and installing a parking protected bike lane on
14th Avenue in the Golden Triangle. The project
will extend from the Cherry Creek Trail to Acoma
Plaza. A parking protected bike lane is a
bicycle facility where the parking lane and bike
lane are swapped; the bike lane is adjacent to
the curb and the parking lane protects the bike
lane from the travel lane. This parking
protection offers a higher level of comfort to
people on bikes, and is intended to enhance the
street. To learn more, check out the project
details at:
Historic Denver believes there are many creative
and forward-thinking opportunities to improve
the 16th Street Mall environment while
respecting its design and quality. The Mall was
designed by the internationally renowned
architectural firm I.M. Pei & Partners of New
York, opened on October 4, 1982 to a crowd of
over 200,000 people. The main features of I.M.
Pei's design include poly-chromatic granite
pavers, wide sidewalks, and a central tree lined
corridor flanked by iconic lighting fixtures.
Now, decades later, the 16th Street Mall has
evolved into the veritable "heart and soul" of
downtown Denver and a top visitor attraction in
the metropolitan area. Its free shuttles serve
an average of 55,000 commuters and tourists per
day, creating significant wear and tear that
jeopardize the original design and materials.
However, in May 2008 a panel of experts from the
Urban Land Institute declared the 16th Street
Mall to be "public art of the highest
international quality," and strongly urged
Denver to fix, not physically modify, the Mall.
However, despite the findings of the ULI study
and the recommendation to retain the pavers and
honors the original design that resulted from a
robust public process in 2010, RTD has
independently elected to revisit the idea of
replacing the granite pavers with concrete,
undertaking a Section 106 historic review over
the next several months in which Historic Denver
will participate as a consulting party. The
granite pavers are part of a large, intricate
pattern and are one of the 16th Street Mall's
three essential design components for the
"longest linear landscape" in the country. Its
designers are recognized and respected
worldwide. More at:
historicdenver.org
Vote in a Denver Post poll at:
and submit your comments to RTD at:
The B Line from Westminster Station to Union
Station is now up and running. The grand opening
of the second commuter rail line of 2016 was on
July 25th. The B Line offers 2 stations, 1
Park-n-Ride with 350 spaces, 30-minute rush-hour
frequency, and travel times between Westminster
to downtown Denver in less than 15 minutes,
providing commuters and residents the comfort of
commuter rail every day of the year. The B Line
paves the way for the anticipated openings of
both the G and R lines. Video at:
Reconstruction of RTD's Civic Center Station has
begun. The station served as one of the busiest
regional transit centers with eighteen routes
serving an average of 15,000 passengers a day
for more than three decades. The facility is
now in need of repairs,so with grants from the
state and FTA, RTD plans to revitalize the
station into a multi-modal transit center that
includes nine bus bays, a glass enclosed
terminal, new concourse, and an open view from
16th Street Mall to the State Capitol.
Construction should take approximately 12-18
months. More at:
Nate Currey at RTD reports that during a recent
stop in Commerce City, Hillary Clinton spent a
moment to give Denver's transit system some
kudos. Find a video of the full speech titled
"Hillary Clinton in Commerce City FULL Speech
8/3/16" at:
The comments on Denver's transit begin at minute
mark 00:18:18. No political agenda here, just
kind of a big deal that a major political
party's Presidential Nominee has praised the
positive effects the region is experiencing from
FasTracks.
Denver City Council Members Susman and Wayne New
report that the City is asking for your feedback
on its new public restroom pilot program. The
city rolled out two mobile restrooms this year
to serve residents and visitors, and is looking
at potential locations for a fixed public
restroom facility in the central part of the
city where people regularly converge. Denver's
first mobile restroom, which opened in March on
Clarkson Street just north of Colfax Avenue, has
been well-received by the community. The unit,
which is open daily with an attendant, is close
to major pedestrian corridors, points of
interest, bus stops, bicycle routes, B-cycle
stations, restaurants, bars and entertainment
venues.
The restroom has been helpful in reducing
impacts to areas businesses that deal with
larger concert crowds and is serving other
populations as well, including those that are
homeless or commuting through the area. In
addition to the Clarkson restroom, Denver
started rolling out a second public restroom on
the weekends in downtown Denver in locations
where people are likely to gather. Both
restrooms are receiving high marks for
cleanliness and convenience. Denver's public
restroom pilot program is part of a larger
initiative to meet a growing and universal need
for publicly accessible restrooms in the central
part of the city. As Denver continues to create
a more vibrant and sustainable city, where
people are out walking and biking to their
destinations, it is addressing the related need
for restroom facilities. Accessible, comfortable
facilities can improve the way Denver looks and
functions, improve quality of life, and help us
keep streets and alleyways clean.
In addition to piloting the mobile unit and
exploring locations for a fixed unit, the City
is reactivating existing public restrooms,
including the restroom at Skyline Park downtown,
and is working to reopen restrooms in Commons
Park and at the McNichols Building in Civic
Center Park. For more information on the public
restroom program, to offer feedback, or provide
suggestions on locations for a new fixed public
restroom in the central part of the city, visit
the website or contact Denver Public Works at
PW.Comms@denvergov.org.
Weekend restroom locations are communicated on
the city's website at:
and on Twitter
@denpublicworks
Apartments Planned on Market Street
Source: Denver Cityscape
Trammel Crow Residential announced plans for
another downtown apartment project. Alexan
Market Street is proposed for a site on Market
Street between 18th and 19th streets in LoDo.
The 11-story building will contain 297 units
with 9,500 square feet of street level retail
space.
Unico Plans Wynkoop Street Building
Source: Business Denver
Unico filed plans for an 88,000 square foot
office and retail building in LoDo. The
eight-story building would be constructed at
1420 Wynkoop Street, adjacent to the Cherry
Creek greenway. In addition to the commercial
space, forty residential units would occupy the
5th, 6th and 7th floors. The initial approval
stage will be through the Lower Downtown Design
Review Board.
Denver to Complete Confluence Park
Source: Denver Post
The City and County of Denver will restart
construction on the Confluence Park project in
downtown Denver. The $4.2 million project is
located on the west bank of the South Platte
River between Speer Boulevard and 15th Street.
Construction had been stopped while a plan was
developed to remove decades of coal tar waste
that dated from a gasification plant that
existed at the site at one time. The park is
located across the river from a historic meeting
ground of Indian tribes and the location of the
first settlement of Denver by gold prospectors
in 1858.
Nichols Planning Wewatta Street Apartments
Source: Denver Cityscape
Nichols Partnership is planning to develop a
91-unit apartment building at 15th and Wewatta
streets in downtown Denver. The building will
replace a small parking lot on the corner. The
apartments in the 12-story building will be
designed in the micro category, which generally
provides apartments of under 500 square feet.
Downtown Created $4.4 Billion in Development
since 2011
Source: Denver Business Journal
A report by the Downtown Denver Partnership
tabulated about $4.4 billion in new downtown
development since 2011. The study listed 73
projects totaling 3.1 million square feet of
office space, 6,447 residential units and 2,457
hotel rooms. Most of the new residential
development is contained in apartment buildings.
Plans Revealed for Denver Club Renovation
Source: Denver Business Journal
Unico Properties revealed plans for its $10
million renovation of the Denver Club building
in downtown Denver. The 24-story building at 518
17th Street was constructed in 1954 and was for
some years one of downtown's tallest buildings.
The renovations will include interior and
systems improvements. Upon completion of the
work the 231,454 square foot property will be
renamed The DC Building. Unico Properties
purchased the Denver Club building in 2015.
Invesco Acquires New 16 Chestnut Building
Source: Denver Business Journal
Invesco Real Estate bought the land and
construction rights for 16 Chestnut, a 430,000
square foot office building at Chestnut Place
and 16th Street near Denver Union Station. East
West Partners and Starwood Capital Group sold
the property for undisclosed terms. Construction
recently started on the building, which will
still be developed by East West for the new
owner. The anchor tenant in the building will be
DaVita Healthcare Partners, which is leasing
342,000 square feet as an expansion of their
adjacent headquarters.
Construction Starting on 16 Chestnut
Source: Denver Infill
East West Partners is starting construction on
16 Chestnut, a 410,000 square foot office
building at Chestnut Place and 16th Street. The
building will be adjacent to the headquarters of
medical services company DaVita, which will
expand its operations by taking about two-thirds
of the space in 16 Chestnut. The 19-story
building will be located next to the Millennium
Bridge connecting the Denver Union Station
neighborhood and Commons Park.
Zipcode: 80202
AMLI Stars Commons Park Apartments
Source: Denver Infill
AMLI Residential began construction on AMLI
Riverfront Green, a 304-unit apartment community
at 1750 Little Raven Street. The building is
located across Little Raven Street from Commons
Park and contains four and seven story
sections.
Platte Fifteen Planned in LoHi
Source: Denver Infill
The amount of development occurring along Platte
Street in LoHi will increase with the
announcement of Platte Fifteen. The building at
the northeast corner of 15th and Platte streets
will include about 135,000 square feet of office
space and 14,000 square feet of street-level
retail space. It will replace a parking lot and
a smaller building that includes Natural Grocers
by Vitamin Cottage. The project is being
developed by Crescent Real Estate and MDC
Property Services. Construction is scheduled to
begin in 2017.
RTD Starting Civic Center Station Work
Source: Denver Business Journal
RTD is preparing to start construction on a $26
million redesign of the Civic Center bus station
at Broadway and East Colfax Avenue. Passengers
using the 18 bus routes that currently serve the
station will be slightly reconfigured to board
and depart from buses on Lincoln Street,
Broadway, East Colfax Avenue and East 16th
Avenue during the duration of the construction.
The old terminal will be replaced with a
white-canopied glass-walled building. The site
also contains room for potential additional
development. .
Fowler Acquires Capitol Hill Tower
Source: Colorado Real Estate Journal
Fowler Property Acquisitions bought Pennwood
Place, a 15-story apartment building in Capitol
Hill. The 41-year old building at 800
Pennsylvania Street was purchased from the Neiss
family for $34.5 million, or about $177,800 per
unit. David Neiss built the 194-unit building in
1974 and his family has owned it ever since.
Jeffery Hirschfeld of Antonoff and Company
Brokerage was listing agent for the seller while
Frank Farrell of Farrell RES was agent for the
California-based buyer.
New York Fund Buys Poet Row
Source: Denver Business Journal
An undisclosed New York-based fund acquired
Poets Row, a group of historic apartment
buildings in Capitol Hill. The buildings are
located on Sherman Street between East 10th and
East 11th avenues, just south of the State
Capitol. The properties, along with another
building at 1000 Lincoln Street, contain a total
of 217 units. They were acquired from Triton
Properties, Inc. for $33.5 million, or about
$154,000 per unit. Justin Hunt of ARA was
involved as a broker in the transaction.
Construction Staring on Homeless Housing in
Capitol Hill
Source: Denver Infill
Construction started on the Saint Francis
Apartments, a 50-unit building oriented to
formerly homeless residents. The project is
being developed as a partnership between Saint
John's Episcoapl Cathedral and the Saint Francis
Center. The six-story building will be located
on the east side of Washington Street between
East 14th Avenue and East Colfax Avenue.
Truman Plans Sloans Lake Projects
Source: Business Denver
Developer Jesse Truman plans to construct two
more townhouse projects in the Sloan's Lake
neighborhood of west Denver. Truman plans to
build a 16-unit project on West 20th Avenue
between Hooker and Irving streets. Sale prices
are projected to be about $475,000. The active
townhouse developer also plans to start work on
a 12-unit development at West 18th Avenue and
Julian Street.
GID Acquires Golden Triangle Apartments
Source: Business Denver
General Investment and Development purchased
Joule, a recently completed apartment building
in the Golden Triangle neighborhood south of
downtown. The 16-story building at Speer
Boulevard and West 10th Avenue contains 224
units. It was developed by Lynd Company and
Snavely Group. Boston-based GID paid $120
million for the building, or about $535,000 per
unit. The per-unit price reportedly is the
highest paid for an apartment property in
Denver.
STEAM Signs Initial Tenants
Source: Business Denver
Two tenants signed leases at STEAM on the
Platte, a conversion of a derelict warehouse
southwest of downtown into 65,000 square feet of
office space. Urban Ventures and White
Construction are redeveloping the property on
Zuni Street between West 14th Avenue and Old
West Colfax Avenue. The partners ultimately
expect to have about 200,000 square feet of
office and commercial space in the buildings
along the South Platte River. The initial office
tenants are NIMBL, which will take 21,000 square
feet, and an unnamed architectural firm that
leased 11,000 square feet.
Trammell Crow Starting Downtown Tower
Source: Business Denver
Trammell Crow Residential plans to begin
construction on Alexan 20th Street Station, a
354-unit apartment building in the Arapahoe
Square neighborhood north of downtown. The
12-story building will occupy a 1.1 acre site on
the east side of California Street between 20th
and 21st streets, one block from RTD's Welton
Street light rail line.
Elevation Reveal Hub Plans
Source: Denver Cityscape
Elevation Development Group revealed the details
of its planned Hub mixed-use development near
RTD's 38th and Walnut commuter rail station in
RiNo. The building will be located on 36th,
Blake and Walnut streets and will contain
220,000 square feet of office space, a 150-room
boutique hotel and 27,000 square feet of retail
space. Construction is expected to be completed
in early 2018.
Zipcode: 80205
HomeAdvisor Picks RiNo for Headquarters
Source: Denver Business Journal
HomeAdvisor will local its new headquarters at
The Hub, a mixed-use office, hotel and retail
building in RiNo. The company will move about
300 executive and technical employees to the
building at 36th and Blake streets, adjacent to
an RTD commuter rail station. It will lease
58,000 square feet in the building, which is
being developed by Elevations Group LLC.
HomeAdvisor provides online services for people
seeking to connect with home repair, remodeling
and maintenance companies. It will retain and
expand it current headquarters in the Denver
West office park in Lakewood.
Simpson Housing Purchases LoDo Apartments
Source: Business Denver
Simpson Housing bought two adjacent apartment
properties in the LoDo neighborhood. The
TwentyOne 01 building at 2101 Market Street was
sold for $81.9 million, or about $362,000 per
unit. The apartments were developed in 2007
inside a former Piggly Wiggly grocery warehouse.
The newer Broadstone Blake Street at 2120 Blake
Street contains 164 units and was acquired for
the equivalent of $378,000 per unit. ARA brokers
Jeff Hawks, Terrance Hunt and Shane Ozment were
agents for the seller, Alliance Residential.
Denver Council Approves Arapahoe Square Plan
Source: Denver Post
The Denver City Council approved an area plan
and rezoning for the Arapahoe Square
neighborhood north of downtown. The area
contains all or part of about 33 city blocks,
generally bounded by 20th, 24th, Larimer and
Welton streets and bisected by Broadway and Park
Avenue West. It is currently considered
underutilized with much of the land vacant or
used for parking lots.The new plan encourages
high residential densities and mixed-use
development. The plan was supported by
neighborhood, business and development
interests.
Focus Opens Curtis Park Coworking Space
Source: Business Denver
Focus Property Group opened the Enterprise
Building, a 66,000 square foot conversion of a
former warehouse in Curtis Park. The facility is
located at 30th and Arapahoe streets and cost
$14 million to acquire and renovate. The
building will contain coworking space, meeting
rooms and a variety of office suites. Focus
Property Group also relocated its offices to the
building.
Construction Starting on Five Points Building
Source: Denver Infill
Construction is starting on 2560 Welton Street,
a mixed-use development in the Five Points
neighborhood north of downtown. The project will
include 130 apartments, 15,300 square feet of
office space and 9,266 square feet of
street-level retail space. The eight-story
building is being developed by Palisades
Properties and Confluence Development.
Five Points Seeks Improvement District
Source: Denver Post
Business and property owners in the Five Points
neighborhood northeast of downtown are seeking
to create a business improvement district. The
district would generally cover the Welton Street
corridor between 20th and 30th streets and the
area surrounding the RTD light rail station at
30th and Downing streets. Pending approval from
the Denver City Council and a November vote by
property owners in the district revenue from a
tax on commercial properties would be used for
streetscape improvements and marketing efforts.
The Welton Street corridor has lately emerged as
a popular development area, especially for
apartments and townhouses along with new retail
and restaurant uses.
VanWest Buys Arapahoe Square Warehouse
Source: Business Denver
VanWest Partners bought a 17,000 square foot
warehouse in the Arapahoe Square neighborhood
north of downtown Denver. The building at 2200
California Street is slated to be renovated and
converted into a mix of office and retail uses.
The investors acquired the building for $3
million, or about $176 per square foot. The
seller was represented by Colliers International
brokers Tyler Ryon and Steve Serenyi.
BMC Starting Cherry Creek North Building
Source: Denver Cityscape
BMC Investments plans to begin construction
shortly on 210 St. Paul Street in Cherry Creek
North. The eight story building will contain 76
apartment units and about 11,500 square feet of
first floor retail space. It replaces a small
office and retail building. Completion is
scheduled for late 2017.
Construction Started on Cherry Creek Project
Source: Denver Business Journal
Schnitzer West started construction on Civica
Cherry Creek, a 112,000 square foot office and
retail building in Cherry Creek North. The
project is located at 250 Fillmore Street and
will rise seven stories over a four-level
underground garage. Schnitzer West is based in
suburban Seattle and is partnering with J. P.
Morgan Asset Management on the project.
Botanical Gardens Planning Expansion
Source: Life on Capitol Hill
The Denver Botanical Gardens is planning a $25
million expansion. The new building will be
located north of the current parking garage and
will front on East 11th Avenue between Josephine
and York streets. The Center for Science, Art
and Education will sit atop a 140 space
underground garage. The expansion will be funded
by contributions from private donors.
Construction is scheduled to begin in late 2017.
Telecom Company Cutting Denver Jobs
Source: Denver Post
Integra Telecom Holdings is cutting 59 jobs in
Denver. The company sells internet and voice
services to mid-sized business customers. It
will continue to keep its offices at 990 South
Broadway open although with a smaller staff.
Integra is based in Vancouver, Washington and is
in the midst of a corporate restructuring.
Carbon Peak Buys South Broadway Building
Source: Business Denver
Carbon Peak Capital bought a 22,000 square foot
retail building at 660 South Broadway. The
building was purchased for $5,185,000, or about
$235 per square foot. The seller was Gravitas
Development Group. The building is currently
leased to a church but Carbon Peak Capital found
the property attractive for possible future
redevelopment due to its proximity to RTD's
light rail station and other sites that may be
redeveloped in the near future. Todd Snyder of
NAI Shames Makovsky represented the buyer while
Dorit Fischer and Hayden Hirshfeld of the same
company were agents for the seller. .
Office Planned on Old South Pearl
Source: Business Denver
Finn Real Estate plans to construct a 17,000
square foot office building in the Old South
Pearl commercial section of Platt Park. The
building at 1551 South Pearl Street is designed
to include a 14,500 square foot coworking space.
Construction is expected to be completed in
2018.
Investcorp Buys Colorado Boulevard Buildings
Source: Business Denver
Investcorp, a Bahrain-based real estate
investment firm, bought Centerpoint, a two-tower
office complex on South Colorado Boulevard at
East Mexico Avenue. The company paid $62 million
for the combined 373,000 square feet, or about
$165 per square foot. The seller was Unico
RTD Completes North Denver Pedestrian Bridge
Source: Confluence Denver
The Regional Transportation District finished
construction on a pedestrian and bicycle bridge
connecting the Globeville and Sunnyside
neighborhoods in north Denver. The bridge will
allow access to RTD's new commuter rail station
at West 41st Avenue and Fox Street. The bridge
will open this fall in conjunction with service
starting on the G line between Denver Union
Station, Arvada and Wheat Ridge.
Sierra Pacific Buys New Crossroads Warehouse
Source: Business Denver
Sierra Pacific Windows is buying a 53,000 square
foot warehouse being developed by Trammell Crow
Company. The building is located in the new
Crossroad Commerce Park on Washington Street
near East 52nd Avenue in north Denver. The
California-based company will relocate its
Denver operations from smaller quarters in
Broomfield.
Office Building Planned in RiNo
Source: Business Denver
An investment partnership plans to develop
Revolution 360, a 156,000 square foot office
building in the RiNo neighborhood north of
downtown Denver. The building will occupy a 0.9
acre site at Brighton Boulevard and 36th
Street.The five-story building will also contain
ground floor retail space. The brokers handling
office space in Revolution 360 are JLL agents
Ryan Arnold, Jamie Roupp and Peter Merrion while
Zall Company will market the retail space.
Construction is scheduled to begin by
mid-2017.
Zeppelin Building Globeville Artist Studios
Source: Denver Business Journal
Zeppelin Development is building GRACE, a 27,000
square foot project housing 80 artist studios.
The building replaces a former lumberyard at 888
East 50th Avenue in the Globeville enighborhood.
GRACE is an acronym for Globeville Riverfront
Arts Center. Completion is scheduled for late
summer.
Habitat Expanding in North Denver
Source: Denver Real Estate Watch
The nonprofit Habitat for Humanity organization
is expanding its work for low income residents
in north Denver. Since 2012 Habitat has
constructed 40 new homes in the Elyria,
Globeville and Swansea neighborhoods along I-70
between I-25 and Vasquez Boulevard. It also
plans to do extensive renovations on 90
additional houses by the end of 2017. The area
may be adversely affected if the State of
Colorado follows through on plans to widen I-70,
so Habitat, the City and County of Denver and
other organizations are working to provide
improvements to the neighborhoods and to lessen
impacts of road construction..
Coors to Open RiNo Brewery and Restaurant
Source: Denver Business Journal
Molson Coors Brewing Company is entering the
competitive beer and restaurant scene in RiNo.
The company will open a 30,000 square foot Blue
Moon Brewing facility and restaurant at 1910
38th Street near Brighton Boulevard. There are
now nearly a dozen brewers in RiNo, all of
which, with the exception of Blue Moon, are
local craft beer companies.
Planning Begins on RiNo Bridge Design
Source: Denver Urbanism
Initial planning is starting on the proposed
RiNo pedestrian and bicycle bridge over the
South Platte River. The bridge will connect the
Globeville and Brighton Boulevard neighborhoods
and will be built between Ringsby Court on the
west side of the river with the planned River
North Park at 35th Street and Arkins Court.
Construction on the bridge may begin in 2018.
Mixed-use Project Planned in RiNo
Source: Denver Infill
Tom and Brooke Gordon plan to develop DriveTrain,
a three acre mixed-use project in the RiNo
neighborhood of north Denver. The project would
be located in the block bounded by 32nd and 33rd
streets, Arkins Court and Brighton Boulder.
Plans call for about 220 residential units,
mainly for sale, a 120-room hotel, incubator
office space and restaurant and retail space.
Construction on the 350,000 square foot,
four-building development is scheduled to begin
in early 2017.
Lynd Starts RiNo Apartments
Source: Denver Infill
The Lynd Company started construction on the
Industry apartments in RiNo. The 274 unit
project is part of the Industry mixed use
development at 3001 Brighton Boulder, which
includes about 192,000 square feet of warehouse
space being converted to office uses.
Continuum Starts 9th and Colorado Development
Source: Denver Business Journal
Continuum Partners completed most of the
demolition of the former University of Colorado
medical center at East 9th Avenue and Colorado
Boulevard in east Denver. The mixed-use
development that will replace the medical center
will occupy about twelve city blocks and will
include residential, office and retail uses and
a hotel. Initial vertical construction started
on the Ash Street apartments which will contain
112 units for low and moderate income residents
and a 275 units apartment building at the
northeast corner of East 9th Avenue and Colorado
Boulevard. That building will also contain
40,000 square feet of retail space.
CPR May Build New Headquarters in Ruby Hill
Source: Denver Post
Colorado Public Radio is seeking a zone change
for property it owns in southwest Denver. The
9.5 acre site is located at 1601 West Jewell
Avenue, adjacent to Ruby Hill Park. The public
broadcaster may redevelop the site, now used as
a broadcast tower and storage building, into a
100,000 square foot headquarters building. The
move would replace smaller quarters in
Centennial. CPR is considering options for the
site, pending rezoning by the Denver City
Council.
Burgwyn Completes Ruby Hill Community
Source: Business Denver
The Burgwyn Company completed construction on
Ruby Hill Residences, a 114-unit affordable
apartment community in southwest Denver. The $20
million project is located at West Mississippi
Avenue and South Pecos Street. The property is
fully leaaed.
Arel Capital Purchases Spyglass Hill
Source: Business Denver
Arel Capital bought Spyglass Hill, a 573-unit
apartment community in southeast Denver. BMC
Investments sold the property to the New
York-based firm for $78.5 million, or about
$137,000 per unit. The property is located at
the southwest corner of East Mississippi Avenue
and South Quebec Street.
Glendale 180 Developer Withdraws
Source: Denver Business Journal
The company selected by the City of Glendale to
develop the proposed Glendale 180 mixed-use
project has withdrawn. Houston-based Wulfe and
Company and the City of Glendale reported that
the two parties were unable to reach an
agreement. Glendale has not chosen another
developer for the $175 million retail and
restaurant complex on East Virginia Avenue
between South Colorado Boulevard and South
Cherry Street.
Mountain Capital Buys Peregrine Place
Source: Denver Business Journal
Mountain Capital Group bought Peregrine Place, a
new 65-unit apartment building in southeast
Denver. The project at 4400 East Mississippi
Avenue was developed by Catamount Properties
Ltd. The purchase price was $17.1 million, or
about $263,076 per unit. Justin Hunt of ARA
Newmark was involved in the transaction.
Link: http://www.bizjournals.com/denver/b
