Real Estate Blog

The discount grocery chain will add 64 jobs with its move to the $106 million development.

A land deal for a proposed 1.9 million-square-foot digital media and technology campus in Parker — touted by Gov. John Hickenlooper last summer as a potential steppingstone toward growing a “more mature film business” in Colorado — has fallen through.

Redbarre Cos., the Denver-based media and tech consulting firm behind the project, announced Friday that it has given up on its plans — for now, at least — to build its campus in the south metro town’s Compark Village subdivision after negotiations with the landowner deadlocked.

A media release issued on behalf of Redbarre did not provide details on what led to the impasse but said the company “remains fully committed to build in Colorado” and will pursue other land opportunities.

The release called the campus a billion-dollar project. When plans were first announced in August, Redbarre officials indicated it could create more than 4,000 full-time jobs. The 70-acre project, which was to be centered on a 75,000-square-foot sound stage, ..

Vaisala, the Finland-based maker of weather- and environmental-monitoring equipment, this week said it will build a new U.S. headquarters next door to its current leased facility in the Colorado Technology Center in Louisville.

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The 32,000 square foot building will be constructed over the next two years at a cost of about $14.8 million, the company said in a news release Thursday.

In Colorado, Vaisala is best known for a weather monitoring system constructed near the Denver Museum of Nature and Science that serves as a complement to the official National Weather Service monitoring station at Denver International Airport. The company also has played a key role monitoring lightning in huge storms, including Hurric..

Devereux Advanced Behavioral Health Arizona is breaking ground next week on a therapeutic treatment facility that focused on youth under the age of 12 healing from severe abuse.

The residential treatment center is on a 10-acre campus where youth live and attend school while receiving treatment for emotional, mental, behavioral and substance abuse challenges.

Phoenix-based Architectural Resource Team Inc. is the project architect and Delta Construction, also based in Phoenix, is the general contractor…

Perhaps Lancaster, Ohio’s economic development website says it best, “…everyone wants to be part of the next big thing. And we’re the next big thing.”

The community has made significant investments in its future: building five new elementary schools, bringing two new junior high schools online in 2020 and planning for a new high school; revitalizing its downtown with great success; supporting a 10-year plan to improve and enhance its roads and streets; and bringing a new 650-kilowatt solar…

The weather is turning nicer, but for several urban development projects, the winter didn’t stop visible progress from being made.

Some multistory projects are starting to stretch into the sky, while ones involving adaptive reuse are transforming older buildings into new uses.

With the crux of the construction season now in front of these projects, many are likely to be even more transformed by the time the weather turns cold again.

For now, here’s a snapshot of the status of some notable…

Charlotte-based LendingTree (NASDAQ: TREE) could move its headquarters to another Mecklenburg County town.

The online lender was previously anticipated to move to SouthPark as part of a $47 million local expansion. LendingTree closed on its acquisition of two multi-tenant office properties, 2100 Rexford Road and 2115 Rexford Road, in December 2016 and planned to renovate those buildings for its headquarters.

But the buildings aren't expected to be large enough for LendingTree's needs, according…

The shopping center will focus on daily-needs tenants, as opposed to the regional mall, Ka Makana Alii, across the street, which is anchored by Macy’s.

A project including a hotel, gas station and car wash, restaurants and other retail is being planned for an intersection near where Highway 99 meets Sheldon Road in Elk Grove.

A longtime Portland family name in the auto business is trimming down its dealerships.

Wentworth Auto Group, which has been in the car business since 1923 — and which started out in the carriage business in Portland in 1903 — plans to sell two of its Portland dealerships, Wentworth Subaru and Wentworth Chevrolet, to the Seattle-based O'Brien Auto Group. That leaves the company with just its Wilsonville Chevrolet dealership.

Wentworth Chevrolet is at 107 S.E. Grand Ave., while the Subaru dealership…