• Forest City being sold

    Forest City has been a force in Denver for the past two decades. In 1998, the city of Denver named Forest City, now a real estate investment trust, the master developer of the former Stapleton International Airport. “Stapleton is one of the largest urban infill redevelopment projects in U.S. history,” crowed the Cleveland-based Forest City Realty Trust Inc. at an...

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  • Newmont Mining leaving HQ space

    Newmont Mining Corp., the world’s largest gold producer, plans to vacate its current world headquarters in Greenwood Village – but not right away. Newmont, which has a market cap of almost $20 billion, plans to leave the 233,950 square feet it leases in the Palazzo Verdi building in October 2020. Newmont was an original and anchor tenant in the tower...

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  • Hotels hot topic for CREJ conference

    Hotels in the Denver area boasted record revenues in June. Hotels generated $186.23 million in revenues, a 5.04 percent increase from $177.28 million in June 2017, according to the most recent report from STR, a data and analytics specialist. The revenue increase comes despite the total number of hotel room nights in the metro area rose by 4.6 percent on...

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  • Land demand hot topic for CREJ conference

    Land demand along the Front Range is through the roof. In fact, there has never been a time in Denver area history when there has been so much interest to buy property for residential and commercial development, according to veteran land broker Mike Kboudi. “Demand is hot,” said Kboudi, a senior managing director in the Denver office of Cushman &...

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  • Source Hotel, instant icon

    Straight to the Source. The Source Hotel, that is. I put Stephen Dynia on the spot by asking him if he thought the soaring Source Hotel in the River North Art District would be considered an iconic building. ”I hope it is,” replied the architect, principal of Dynia Architects and the designer of the $50 million, 100-room hotel at 3300...

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  • Rental-shoe-dropping silence

    Rental-shoe-dropping silence. The sound you are not hearing is the other shoe dropping regarding the local rental housing market. For several years, even some industry leaders have been projecting that Denver’s bull market for rental units was going to run out of steam. With an apartment crane seemingly on every block, overbuilding would lead to far too many apartment units,...

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  • Englewood poised to take off

    Englewood has been flying below the radar for a long time. Now, Englewood’s commercial core is poised to be begin the process of being re-invented as a revitalized and walkable transit-oriented, mixed-use development site. Indeed, Englewood’s 55-acre CityCenter already is a pioneering transit-oriented developmet (TOD) in the Denver area. Development within a half-mile of a light rail station often is...

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  • Mortgage banking book part Denver history, memoir

    Mortgage bankers financed much of what is Denver. Mortgage lenders, working with banks, insurance companies and government agencies, financed many commercial buildings and apartments in Denver and nationwide. Veteran mortgage banker E. Michael Rosser chronicles the history of the mortgage industry in Denver and beyond in his new, 372-page book, “A History of Mortgage Banking in the West, Financing America’s...

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  • PCL tackles parks

    PCL Construction has built a lot of high-profile commercial real estate and government buildings in Colorado and the Denver area since the Canadian company moved its U.S. headquarters to the Mile High City more than four decades ago. A small snapshot of the eclectic mix of PCL’s projects include: The Byron G. Rogers Courthouse in downtown Denver; The Newton Denver...

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  • Smart City conference spotlight

    Smart city spotlight. No city will boast it has a low IQ, of course. But what makes a smart city? How the use of the latest in technology and data can actually change the infrastructure and the very fabric of a city, creating winners and losers, and where Denver fits into the smart city eco-system, were some of the big...

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