Development dilemma: CREJ conference explores ‘What Would I Develop’
Development question: Does it make any sense to bring more apartments, offices, retail projects to the Denver area today? “What would I develop?" is an especially intriguing question in the Denver area today, given the number of construction cranes dotting the landscape, rising labor and land costs, and increasing opposition to development from neighborhood groups…
Kris Oppermann Stern
May 10, 2018Taxi, Mickey Zeppelin’s gritty vision
Taxi, the mixed-use brainchild of urban pioneer Mickey Zeppelin, not only sparked the Renaissance of RiNo, one of Denver’s trendiest neighborhoods, but it predated it. While the River North Art District traces its roots to 2005, the former Yellow Cab campus at 3507 Ringsby Court first caught the attention of Zeppelin, a pioneer developer in…
Kris Oppermann Stern
May 7, 2018Prologis deal for DCT second largest ever
Prologis made a true blockbuster announcement this week when it said it would pay $8.4 billion for Denver-based DCT Industrial Trust. It appears to be the second-largest industrial real estate transaction ever. Ironically, the only bigger industrial deal occurred in 2011, when AMB Property Corp. paid $8.7 billion in stock for the larger Prologis. AMB,…
Kris Oppermann Stern
May 3, 2018Solar power is cool
Solar power is cool. Solar panels are so cool, literally and figuratively, they should be a key component of Denver’s Green Roof ordinance, I believe. The importance of solar was driven home to me recently, as we are in the process of adding solar panels to the roof of our townhome. As part of my…
Kris Oppermann Stern
April 30, 2018NZE leasing explored at sustainability conference
NZE, or more precisely Net Zero Energy, leasing is the final panel at the Sustainability: Achieving the Next Level conference sponsored by the Colorado Real Estate Journal. You will want to stay for that panel, even if you don’t qualify for the four hours of continuing education credit. The half-day conference, CREJ’s principal Green Building event…
Kris Oppermann Stern
April 18, 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, 2018