Real Estate Blog
SNEAK PEEK: Origin Red Rocks, official hotel partner of Denver’s iconic amphitheater, opens Friday
It took Red Rocks Park and Amphitheater hundreds of millions of years to form and become the iconic, natural concert venue it is today. Origin Red Rocks, the venue’s official partner hotel, was built in less than two years.
The hotel will open to guests Friday. It is the debut location of the Origin Hotel Collection chain being developed by Mississippi company the Thrash Group, according to a news release.
The 124-room hotel, on the south end of Golden at 18485 W. Colfax Ave., is pet friendly and offers complimentary bike storage. While they certainly fit with the Colorado lifestyle, those features are unlikely to be the first things that pique the interest of potential travelers.
The hotel will offer a $15 round-trip shuttle to Red Rocks on show nights, according to a news release. Outside of those times, the shuttle service will provide complimentary rides to destinations within a five-mile radius.
“We are honored to launch our new hotel brand in a town as special as Golden, Col..
Colorado tries to lure Fortune 250 company with $27 million in incentives
The Colorado Economic Development Commission approved $27 million in job growth incentive tax credits, its second largest incentive award ever, on Wednesday morning in a bid to attract the global headquarters of a Fortune 250 company.
The unnamed company, which made its request under the code name of Project Cardinal, is a consumer products and e-commerce company with sales around the world.
It is considering a metro Denver location to host 800 jobs, including its top executive team and the senior managers of several of its now decentralized brands. The jobs come with an average annual wage of $185,721.
That wage is nearly three-fold the average annual wage offered in Denver and the highest that a company that has applied for state economic development incentives has brought to the table.
“Not only is this an opportunity to add a dynamic global company to Colorado but also an opportunity to add a corporate partner that closely aligns with our community and business environment. We ..
Two decades in the making, Stapleton Denver writing its final chapter
Homes will soon rise in Stapleton’s 12th and final neighborhood, marking the beginning of the end of a two-decade boom for single-family home construction in Denver.
Developer Forest City is about to release the first of 1,300 single-family lots just south of the Rocky Mountain Arsenal National Wildlife Refuge on land that once hosted the northern runways of Stapleton International Airport.
Workers with heavy equipment have been busy grading dirt, putting in roads and installing water and sewer infrastructure on land north of 56th Avenue, west of Havana street and east of Dallas Street.
A construction wave that started with Stapleton’s South End neighborhood in 2001 will bookend with the North End neighborhood. Once the last home on the last street is sold, probably some time in 2021, only commercial lots will be left.
“Depending on the strength of the demand for market-rate housing, North End could be built out in approximately three years,” predicted Forest City Stapleton spokesm..
The Tennessean picks its new Nashville home
The Tennessean is turning the page on its longtime home.
Having sold its property at 1100 Broadway earlier this year, the newspaper revealed this morning that it will lease two and a half floors inside 1801 West End Ave., the Midtown high-rose formerly known as Palmer Plaza. The paper plans to move in the spring.
The Tennessean’s 10-acre site was sold to Highwoods Properties Inc., the region’s largest landlord, and Gulch real estate investor Jim Caden for a combined $56.6 million.
Highwoods…
Anchors Away: Shopping centers adapt to loss of anchor stores
Regional malls face major challenges but also new opportunities as retailers such as Sears, Macy's, Bon-Ton and others vacate anchor stores.
Alatus gets court win, will begin Central Avenue condo tower next year
The Minnesota Supreme Court has rejected a challenge to a planned condominium tower by Alatus, clearing the way for the developer to begin construction on the 40-story building overlooking the Mississippi River and downtown Minneapolis.
The tower project, at the site of the former Washburn-McReavy Funeral Home at 200 Central Ave., has been in the planning stages for years, but has recently faced repeated legal challenges from neighborhood groups who said Alatus' project was too tall for the St.…
Why the world’s largest commercial real estate company is still growing
Bob Sulentic, a former Trammell Crow chief executive who was named CEO of CBRE six years ago, has led the company through a period of blazing growth. But there’s plenty of room for more, he says. And North Texas is “critical” to that growth.
Commercial real estate veterans launch new Louisville franchise
The company's owners have more than four decades of real estate expertise.
NSU sells North Miami Beach campus to Dezer Development
The site was advertised as a potential redevelopment.
Consulting firm with infrastructure focus opens Charlotte office
A consulting firm with an established presence in North Carolina has opened a Charlotte office.
Freese and Nichols, based in Fort Worth, Texas, is now operating at Toringdon 3 in south Charlotte. The company plans, designs and manages infrastructure projects. Its projects in the region include a stream restoration and planning study for the town of Cramerton, wastewater-treatment plant improvements for the city of Morganton and a stormwater capital improvement plan and database for the city of Salisbury.
Ed…