DPC switches gears with Carrara buy
DPC Development Co. switched gears with the $41.65 million purchase of a first-class Greenwood Village office building. DPC bought Carrara Place, a 237,681-square-foot building at 6200 S. Syracuse Way. Prudential Real Estate sold the Class A building for $175.23 per sf. “We think it’s one of the best buildings in that Greenwood Village submarket,” said…
Kris Oppermann Stern
February 13, 2016Unico redevelops 1738 Pearl Street, earns LEED Platinum Core & Shell
Unico Properties LLC’s redevelopment of 1738 Pearl St. is coming up platinum. The 41,000-square-foot mixed-use office and retail building at 1738 Pearl St. in Boulder was awarded the U.S. Green Building Council’s LEED Platinum certification for Core & Shell. With the certification, 1738 Pearl St. is Boulder’s first privately owned LEED Platinum building and it is 26 percent more energy efficient than a standard building for its same size, type and location.
Jolene Wollett
February 12, 2016Lowry completes mobility study
The Lowry Redevelopment Authority has completed a mobility study for the 1,866-acre community that includes homes, apartments, retail and office space. Development of the former Air Force base began in 1994 and is now almost complete. The study assesses the current multimodal network at Lowry along with planned and recommended improvements. “Lowry was carefully planned…
Kris Oppermann Stern
February 11, 2016Point Belleview office/retail asset trades for $6.75 million
An owner who created a great turnaround story for an office/retail building in Aurora sold the property for $6.75 million, or $193 per square foot. Point Belleview, located at 5001 S. Parker Road, is a 34,806-sf, two-story building with excellent visibility along South Parker Road. The developer who completed the project in 2006 lost it…
Kris Oppermann Stern
February 10, 2016Looking back: The architects and architecture that have influenced Colorado
Although most people are unaware of the degree to which architecture affects their lives, the built environment exerts a strong cultural influence on society, therefore shaping our values and determining the future.
CREJ
February 9, 201615-story tower planned for La Loma site
L&L Developments Inc. has filed a preliminary site plan with Denver Community Planning and Development for a 15-story, 713-unit multifamily tower on the La Loma Mexican restaurant site in the Jefferson Park neighborhood in Northwest Denver. The developer could not be reached for comment. However, Rafael Espinoza, who not only represents Jefferson Park, but lives…
Kris Oppermann Stern
February 4, 2016Sidford Capital bets neighbors’ rising rents will benefit Uptown
An Uptown Denver office building that’s been under the same ownership for 18 years sold to a local group that expects to capture smaller tenants priced out of neighboring office submarkets.
Kris Oppermann Stern
February 3, 2016Warehouse Central sells in rare central Denver investment deal
A San Francisco-based firm put up $24 million for the rare chance to buy a large, central Denver industrial property. An affiliate of Stockbridge Capital Group LLC paid $73.65 per square foot for Warehouse Central, a 325,858-sf building at 2400 W. Fifth Ave. The asset is 100 percent leased.
Kris Oppermann Stern
January 31, 2016The resurgence of urban food markets
Urban food markets are having a moment. Following the August 2013 opening of The Source in River North, this year will see the opening of two new urban food markets – The Central Market at 2669 Larimer St., and Stanley Marketplace at 2501 Dallas St., in Aurora. Additionally, The Source’s marketplace is adding 20,000 square feet of space along with a 7,000-sf roof-deck beer garden and pool, as well as a 100-key connected hotel.
Kris Oppermann Stern
January 30, 2016Rowland+Broughton Architecture to design redevelopment of Sky Hotel
Rowland+Broughton Architecture/Urban Design/Interior Design was selected as architect for the redevelopment of the Sky Hotel, now W Aspen, at the base of Aspen Mountain and as interior designer for The Sky Residences at W Aspen. Northridge Capital LLC, owner of the Sky Hotel in Aspen, recently announced plans to redevelop the property in partnership with…
Jolene Wollett
January 30, 2016