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Pinnacle Real Estate Advisors facilitates 1031 exchange of single-tenant building
The post Pinnacle Real Estate Advisors facilitates 1031 exchange of single-tenant building appeared first on Colorado Real Estate Journal.
Fast-fashion brand Zara bringing first Colorado store to Cherry Creek Shopping Center
Zara, a Spanish fast-fashion brand with more than 2,100 stores around the world, is coming to Cherry Creek Shopping Center.
Mall officials confirmed Wednesday that Zara is expected to begin outfitting shoppers there with fresh duds by year’s end.
“What we know is the goal is to get the store open later this year,” Cherry Creek general manager Nick LeMasters said. “It’s a significant undertaking and a big proposition so it will take a little time.”
LeMasters was mum on further details. The store is likely to have Denver metro and regional drawing power. Nationwide, Zara has just over 300 stores. The nearest one to Colorado is in Las Vegas.
LeMasters’ boss may have provided a clue earlier this year as to how big a Zara store Denver can expect. Speaking at the State of Cherry Creek breakfast in January, William Taubman, chief operating officer of the mall’s owner/operator, Taubman Centers, said a new-to-market retailer was working on a 40,000-square-foot space in Cherry Creek that he ..
Amazon is coming to Colorado with a physical bookstore
More than two years after Amazon opened its first physical bookstore, Colorado is getting one of its own.
“We are excited to be bringing Amazon Books to Park Meadows in Lone Tree and we are currently hiring store managers and associates,” Alexandra Woodworth, Amazon Books PR manager, said in an email this week.
She did not answer questions about when, where in the mall nor whether more stores are on the way for the metro Denver area. “Stay tuned,” she said.
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Park Meadows officials did not respond to requests for comment.
Amazon Books opened..
Metro Denver’s retail scene is struggling. Could walkaround alcohol sales lure more shoppers?
Ryan Dorris sat on a bench just outside a gymnastics studio at a high-end Aurora retail complex this week and watched as his daughter and other children tumbled and flipped their way through routines. Beside him were two of his other kids, one devouring an ice cream cone.
This family scene, in a mall-like shopping center, could be just about anywhere in Colorado — except for the cup of wheat beer Dorris held in his hand and a state law that makes it possible.
“It allows you to blend an adult experience with having children,” the father of three said of Stanley Marketplace’s “common consumption” rule. “My daughter can do gymnastics, my son can have an ice cream and I can have an adult beverage.”
Developers and local governments along the Front Range also see the appeal in a concept that allows adults to carry around to-go alcoholic drinks in an eclectic, food and drink-centered environment: a retail landscape that can’t be easily overtaken by the growing reach of Amazon and other onl..
73 percent of Denver voters would support tax increases to fund affordable housing efforts, survey says
Seventy-three percent of Denver voters polled in a new survey would support bumping up sales taxes to fund affordable housing initiatives in the city, said a group that is looking at ways to implement such a plan.
Tallying the opinions of 404 people likely to vote in the 2018 election, the survey asked participants last month if they would support increasing sales taxes in Denver by 0.1 percent over 20 years. That would allow the city to issue bonds for up to $200 million to fund the creation of low-income housing, land buys for affordable projects and emergency assistance for people experiencing homelessness or at risk of being priced out of where they live, the survey said.
Twenty-three percent of respondents said they oppose that idea, according to results shared last week. The survey, performed by national consulting firm Strategies 360, had a margin of error of 4.9 percent.
The poll was sponsored by nine groups including All In Denver, a volunteer organization of local develope..
New Liberty community offers senior living with rehab services
A multigenerational neighborhood in Liberty welcomed its first residents with the Monday opening of several short-term recovery and nursing suites.
Norterre opened the four-story building at 2555 Norterre Circle, dubbed “The Estoria,” with 40 units dedicated to short-term rehabilitation and 20 units for long-term nursing care. Each of the suites connects to a shared living space, including a living room, dining room and sitting areas.
Residents also will have access to chef-prepared meals and a…
Partners want more than tech for new midtown co-working space (PHOTOS)
As co-working space concepts began popping up around the Sacramento region three years ago, entrepreneur Edwin Carde began planning one focused on tech startups on the second floor of the Midtown Building in midtown Sacramento.
Those kinds of firms are still welcome for CoWo Campus, days away from opening at 1507 21st St. But Carde and partner Kuks Singh, who’s since joined on, want to be a hub for other kinds of fledgling business concepts, too: fashion, art, music and food.
And the attraction…
Here’s what a Mall of America waterpark would look like, plus more details on potential financing
A Mall of America waterpark wouldn’t just be one of the biggest of its kind, it would also have a translucent roof similar to the one at U.S. Bank Stadium. What's less clear is how the mall and city of Bloomington will end up paying for it.
Feds offer method and money for speeding up San Jose’s BART subway
Subway digging could begin by spring or summer of 2019, about the time of the most recently announced date for the launch of BART service to the county’s Milpitas and Berryessa stations.
Maker space making a comeback in S.F. with another proposal for new industrial building
Another proposal from Workshop1, a development and architecture firm, could bring 191,000 square feet of office and light industrial space to San Francisco's Dogpatch neighborhood.