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 | 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 […]

Cherry Creek mall to charge for parking starting in January

Mall manager says neighborhood redevelopment has created parking pressure By TRACY M. COOK | PUBLISHED: July 21, 2016 Cherry Creek mall shoppers will have to pay for parking starting in January if they plan to stay at the shopping center for more than an hour. Installation of the Smart Parking system has already begun, […]

LoHi corner lot sells for $750,000

BURL ROLETT JULY 21, 2016 The lot was owned by New York-based Outfront Media. (Burl Rolett) Shortly after selling a Berkeley property, a Denver developer has closed a deal for a LoHi corner. Revesco Properties bought a small, 3,200-square-foot lot at Tejon and 17th streets in LoHi this week for $750,000. The triangular parking lot is wedged […]

Office development to replace Old South Pearl retail

BURL ROLETT JULY 17, 2016 Finney bought the Gaia Bistro property last year for $930,000. Photo by Burl Rolett. The coworking wave is rolling into Platt Park. Patrick Finney plans to demolish a pair of century-old retail buildings on South Pearl Street and erect a $6 million coworking and office development. “The market for coworking […]

The Fastest-Growing U.S. Cities: The Latest Numbers

From 2009-11, Americans seemed to be clustering again in dense cities, to the great excitement urban boosters. The recently released 2015 Census population estimates confirm that was an anomaly. Americans have strongly returned to their decades long pattern of greater suburbanization and migration to lower-density, lower-cost metropolitan areas, largely in the South, Intermountain West and, […]

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 […]

Foreclosures continue to haunt displaced homeowners in metro Denver

By ALDO SVALDI | PUBLISHED: July 12, 2016 David Zalubowski, AP File A foreclosure sign tops a sale sign outside an existing home on the market in northwest Denver on Wednesday, Aug. 29, 2007. Metro Denver residents who lost their homes in foreclosure during the Great Recession must endure yet another indignity all these years later: watching […]

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

By ALDO SVALDI | 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 […]

Walmart pulls out of Wheat Ridge development

Potential grocer had been a source of controversy in city By JOE VACCARELLI | PUBLISHED: July 7, 2016 A planned development in Wheat Ridge will no longer include a Walmart grocer after the developer informed the city on Wednesday that the company was pulling out of the project. The Corners at Wheat Ridge Project […]