Real Estate Blog

When Merrill Lynch executives in the 1990s were scouting a possible location for a new campus, an antelope appeared on a ridge in the Meridian area of Douglas County. They interpreted that as a sign they should bring thousands of jobs to the state.

And when Ardent Mills, a newly formed joint venture controlling a third of the country’s flour production, was hunting for a home base in 2013, Gov. John Hickenlooper swept in with a last-minute pitch that convinced the company to come to Denver, which wasn’t even in the running.

There were no such tipping points or eureka moments when VF Corp. picked metro Denver as its new headquarters to replace Greensboro, N.C., the city it has called home for 20 years.

Instead, one-by-one, metro Denver and Colorado met every item the parent company of several well-known apparel brands considered important, said Steve Rendle, VF’s president and CEO, at a roundtable on Wednesday in Denver.

“Colorado started to tick the boxes,” said Rendle, who was in ..

Kathryn Scott, Special to The Denver PostConstruction continues at the Gaylord Rockies site on August 22, 2018 in Aurora, Colorado. The Gaylord is one of several projects in the region that have left contractors scrambling to find enough skilled workers. (Photo By Kathryn Scott/Special to The Denver Post)Colorado construction contractors remain desperate for workers, but they don’t expect it will get easier to find them, according to a survey released Wednesday by the Associated General Contractors of America.

Nearly 92 percent of the 88 construction firms surveyed reported that they needed to hire additional skilled craft workers, while 79 percent said they needed additional salaried office personnel, over the coming 12 months.

But 80 percent reported having a hard time filling some or all of the craft positions they had open, similar to the rate reported nationally. When it came to salaried positions, 63 percent reported difficulties in finding qualified applicants, above the 56 pe..

A heavily challenged ballot measure in Lakewood that aims to place strict limits on new residential construction got a breath of a life from a judge this week, but not in time for it to be placed on the Nov. 6 ballot.

Jefferson County District Judge Diego Hunt ruled Monday that the Lakewood Strategic Growth Initiative, which would limit annual new home permits to no more than 1 percent of the existing housing stock in the city and require elected leaders to approve multifamily projects with 40 or more units, had been properly verified and approved for the ballot by the city clerk.

The city’s approval, given in September of last year after more than 7,600 voter signatures on petitions were turned in, was challenged in court by a Lakewood resident who alleged that signature gatherers for the ballot petition had not been properly sworn and that there were constitutional concerns with the initiative itself that disqualified it from appearing on a ballot.

But Hunt asserted that the city ..

Fowler Property Acquisitions' investment paid off, bringing in a sale price two-thirds higher than the complex sold for in 2016.

Despite recent resistance to development, Mercer Island is embracing the potential for a public-private partnership on a mixed-use residential development and public parking garage.

The company made the acqusition to add more production capacity to keep up with global demand for its specialty engineered materials.

As Metro Air Park landowners and developers began submitting plans this year for park projects, the Sacramento County planning commission approved zoning changes in some areas from industrial office park to light industrial and business professional to general commercial.

Real estate investor Jeff Rothbart recently bought 5 acres near Interstate 94 in Racine County for future retail or hotel development, and predicts that when he drives by about five years from now, buildings will be standing there.

Albuquerque will soon have one more “nest.”

Montessori ONE Academy broke ground this week on its Nido infant learning center. Nido is Italian for nest.

Albuquerque-based Paaru Construction is the general contractor on the project. The 11,066-square-foot Nido will be located on the approximately one acre of land adjacent to Montessori ONE Academy’s campus at 9360 Holly Ave. NE. The expansion also will create 20 additional staff members. The expected completion date is January 2019.

The…

An area of the Denver neighborhood that already has almost 1,000 apartment units will see even more.