EverWest doubles down on Five Points

BURL ROLETT JULY 26, 2016 The vacant land at 25th and Welton sold for $1.15 million. (Burl Rolett) Another developer has planted its flag on Five Points’ construction row. EverWest Real Estate Partners bought nearly one-third of an acre of vacant land fronting Welton Street, right next to the 25th and Welton light rail stop for […]

Denver dive toasted as a “Best Bar” keeps shining as downtown redevelopment closes in

Shelby’s Bar & Grill an endangered species in time of urban renewal Happy hour at Shelby’s Bar and Grill on Friday. By ALICIA WALLACE | awallace@denverpost.com PUBLISHED: July 24, 2016 On a quiet stretch of 18th Street, a nub of a building sits beached at the edge of a vast parking lot and dwarfed by the […]

Fees from developers to help fund affordable housing

POSTED BY JOHN REBCHOOK · JULY 13, 2016 New development fees would help fund affordable housing. Fees would range from 40 cents to $1.70 per square foot. Fees would be on industrial, retail, hotel, apartments, and other new commercial construction. Affordable housing such as the recently opened Ruby Hill Residences would be funded in part by new […]

Seattle-based real estate company and Chilean investment firm make second historic Denver buy

By ALDO SVALDI | asvaldi@denverpost.com PUBLISHED: July 12, 2016 at 6:32 pm Provided by Urban Renaissance Group 2301 Blake St. in Denver’s River North neighborhood recently sold. Seattle-based Urban Renaissance Group and Stars Investments, a Chilean investment firm, have purchased 2301 Blake St. in Denver’s River North Neighborhood, marking the second big Denver property purchase by the group. “Our […]

As growth in apartment rents slows, U.S. developers press pause

By BLOOMBERG NEWS PUBLISHED: July 10, 2016 Developers Steven Shores and Marc Pollack found a way to stand out from the crowd rushing to build apartments in Atlanta’s ritziest neighborhood: they’re putting their 315-unit project in Buckhead on hold. “We found ourselves wondering if it makes sense now to move forward on a project when […]

Office rents are rising in Denver, even as oil and gas companies flood market with space to sublease

Comcast, SendGrid, Liberty Mutual and Whole Foods signed new leases in the Denver area By TRACY M. COOK | tcook@denverpost.com PUBLISHED: July 8, 2016 A downturn in the oil and gas market has contributed to an increase in the amount of space available for sublease in the Denver office market as companies shed space within […]

What Denver and Silicon Valley Have in Common

    http://www.5280.com/news/digital/2016/06/what-denver-and-silicon-valley-have-common A recent economic report contains some pretty dire—and unprecedented—news for all but a few counties nationwide. The silver lining: Denver County residents are among the lucky ones. Only 15 counties in the U.S. with more than 500,000 residents are experiencing a better economic recovery this time around than they did after either […]

Downtown Denver: $4.4 billion and counting

POSTED BY JOHN REBCHOOK · JULY 1, 2016 Downtown Denver: $4.4 billion in developments. Downtown has added equivalent of 599 stories of new developments since 2011. Downtown Denver Partnership puts developments on the map. A historical snapshot by neighborhood of Denver development activity since 2011. Source: Downtown Denver Partnership. Downtown Denver had added the equivalent of […]

Denver now allows housing up to 30 stories in downtown’s next hot neighborhood

Arapahoe Square in northeast downtown is sea of parking lots, but soon could sprout towers up to 30 stories Anya Semenoff, The Denver Post 2020 Lawrence, a 10-story apartment building in the Arapahoe Square neighborhood, as photographed on December 4, 2015, in Denver, Colorado. In recent years the Arapahoe Square neighborhood has seen new apartment […]

Unico unveils plans for Denver Club Building’s $10 million facelift

DENVER BUSINESS JOURNAL – Unico Properties LLC has unveiled its plans for a previously announced $10 million improvement initiative at the Denver Club Building, a 24-story office tower downtown at 518 17th St. Seattle-based Unico bought the building in 2015 for $30 million, according to Denver County public records. The building sits on a site […]