The cost of construction continues to climb around the Denver metro area, constraining development of for-sale housing and limiting most new apartment construction to the luxury space. The overall housing shortage

As part of the Regional Transportation District’s FasTracks program, PCL Construction Services Inc. has begun construction of a new parking garage at the Thornton Crossroads-104th Station on the North Metro Rail Line. The 18.5-mile commuter rail line will run from Denver Union Station through Commerce City, Northglenn and Thornton.

At the time of sale, Colorado Marketplace was 97 percent leased to 17 tenants, including O’Reilly Auto Parts, Papa Murphy’s Pizza, H&R Block, Great Clips and Metro PCS. 

Pathfinder plans to renovate and rebrand the community as The Hadley Apartments as well as upgrade the amenity package.

Starlight Investments, a Toronto-based privately held, full-service real estate investment and asset management company, with Canadian pension funds Public Sector Pension Investment Board and Alberta Investment Management Corp., purchased the 465-unit community at 14310 Grant St.