Medley bringing scrap metal biz, good works to Commerce City
George Medley spent his last stint in jail in the Adams County Detention Center in 2004. Today (April 13), Ben Gelt is scheduled to submit plans to Commerce City’s planning commission for Medley’s new home for his Denver Scrap Metal and Recycling - an operation with $12 million in revenues. The jail is less than…
Kris Oppermann Stern
April 13, 2018Alzheimer’s author headlines CREJ conference
Alzheimer’s care has improved by every measure in the three decades that Megan Carnarius has devoted to the memory care field. Everything from the color schemes in memory care facilities to the sensitivity of how family members treat someone with Alzheimer’s is different today, said Carnarius, author of the book, "A Deeper Perspective on Alzheimer’s and…
Kris Oppermann Stern
April 11, 2018Zocalo plans 16-story tower by Sloan’s Lake
Zocalo Community Development plans to build a luxury 16-story condo tower near the increasingly trendy Sloan’s Lake Park. The energy-efficient and yet unnamed development, with a total of 515,400 square feet, would be built on a parking lot at the former Beth Israel Hospital. The development also would include an unusually large affordable workforce rental…
Kris Oppermann Stern
April 9, 2018Denver real estate a relative bargain
Denver real estate is a bargain...at least if you are coming from San Francisco. Pilot John R. Tennyson late last year moved from San Francisco to Denver. Tennyson, a pilot with Southwest Airlines, brings a mile-high perspective to the Mile High city's real estate, which has never been more expensive. In Denver, Tennyson was able to buy…
Kris Oppermann Stern
April 4, 2018Honesty only policy for Campus Lounge owner
Honesty. I was impressed by an article in the Denver Post last month about the closing of the Campus Lounge near the University of Denver, after the new owners had operated it for less than six months. Closing the iconic restaurant/bar, of course, didn’t impress me. It’s always sad when a business closes, especially a…
Kris Oppermann Stern
April 2, 2018Senior housing conference by CREJ
Senior housing is aging well in the Denver area, but there is a bit of oversupply in the sector, keeping it from going through another growth spurt. “I think we are going to have a very strong 2018 for senior housing in Denver,” said Pamela Pyms, managing director for the Denver office of Blueprint Healthcare…
Kris Oppermann Stern
March 21, 2018Medical office building conference sponsored by CREJ
Medical office buildings are outperforming the overall office market, boasting higher rents and lower vacancy rates. In other words, medical office buildings, or MOBs, comprise a very healthy asset class in the Denver area and in Colorado. “The demand for medical office building space continues to expand in metro Denver by way of population growth,…
Kris Oppermann Stern
March 19, 2018Task force could pave way for collaboration
Task force. Tragedy. Thoughtlessness. These trio of words resonated with me as antidevelopment rhetoric has reached a fevered pitch in Denver. A new Landmark Ordinance Task Force meets today for the first time that hopefully will set the stage for more collaborative and civil exchanges between preservationists, property owners and developers. My initial idea was…
Kris Oppermann Stern
March 9, 2018RidgeGate ‘downtown’ unveiled
RidgeGate, the 15-year-old mixed-use community along Interstate 25 in Lone Tree, on Monday unveiled a plan for its City Center that eventually will have enough development to support another 50,000 jobs. Future development east of I-25 also could bring another 10,000 residential units to RidgeGate. Housing, from apartments to single-family detached homes, could add 40,000…
Kris Oppermann Stern
March 6, 2018Geller: 1,000-foot skyscraper deal dead
The deal for an 81-story, 1,000-foot skyscraper proposed to be developed in the heart of downtown Denver is dead, the owner of the land said Thursday afternoon. Buzz Geller, whose Paradise Land Co. is the owner of the 25,047-square-foot parcel at 1650 17th St., said he has put the land back on the market for…
Kris Oppermann Stern
March 2, 2018