Just up Detroit Street from a recent apartment project, a developer is digging into a new $8 million 50-unit complex in City Park.
Commercial Real Estate
Tech Center complex fetches $45M, set for $5M upgrades
A nearly 300-unit apartment complex near the DTC was sold last month for $45 million, and the new owner plans to pump another $5.5 million into renovations.
E. Colfax slated for mile-long revamp
The design firm that spruced up Cherry Creek North and the Riverfront District will try its hand at a mile-long stretch of East Colfax.
Development firms cement merger
Two developers with large-scale projects under their belts have come together to combine their varying skill sets that include retail, senior living and industrial space.
Government office sells to REIT for $20M
A Lakewood property in use by the U.S. Department of Energy was scooped up by a D.C.-based REIT that leases out nearly 2 million square feet to federal government agencies.
Developer kicks off $60M RiNo project
Following in the footsteps of the Taxi development in RiNo, a Phoenix-based firm has broken ground on a $60 million 270-unit apartment project in the neighborhood.
Housing nonprofit revamping vacant office
A Lakewood housing authority is overhauling an empty office building and starting new construction that will bring nearly 160 apartments to Alameda Avenue, with most reserved for low-income tenants.
Belmar booms with 400 upcoming residences
The 10-year old Belmar project is set for a residential development trifecta: a $45 million apartment complex, a senior living community and a for-sale townhome project. And the area’s first hotel on the horizon.
New owner upgrades Congress Park apartments
After buying an apartment tower for more than $7 million last year, a real estate firm is overhauling its 50 units – the first major upgrades in the 50-year-old building’s history.
Diner demolished to make way for grocer
A former Gunther Toody’s was razed last week as the site is converted into a Natural Grocers.