Alex Bogusky was named “Creative Director of the Decade” by Adweek Magazine. The firm he co-founded is relocating to the new McGregor Square development in Denver.
Residential Real Estate
Locally, income-restricted projects in Denver, Lakewood, Arvada, Commerce City and Littleton made the list released this week by the CHFA.
The current costliest deal was $16 million for a Four Seasons penthouse. The 6.5-acre Polo Club property is on the market for the first time in 70 years.
“The plaintiffs have not deterred us,” the nonprofit that would manage the camp said in a statement. “Instead, the plaintiffs have lit a fire underneath us.”
Four Boulder homes were among the top five sales in April, with the other in Cherry Hills Village. Each went for at least $5 million.
Chicago-based McCaffery Interests submitted a concept plan to the city last week for a 175-unit building at 3510 Brighton Blvd. and 3509 Wynkoop St.
The pandemic homebuying boom initially bypassed condos. But inventory isn’t stacking up anymore and prices are rising.
The firm purchased the 0.92-acre site in 2019 for $6.5 million, and it’s building 348 units with 14,000 square feet of retail and restaurant space.
After unanimous approval, the measure heads to Mayor Michael Hancock’s desk. He “is not opposed,” a spokeswoman said, and will likely sign it into law.
The building first proposed for 2nd Avenue and Adams Street in early 2020 would still be five stories, but feature 22 dwellings instead.