H&M continues Colorado expansion
H&M, Hennes & Mauritz, one of the world’s largest fashion retailers, continues its Colorado expansion.
The retailer recently inked a lease at Colorado Mills in Lakewood, where it will open its 23,000-square-foot store this fall.
The opening of the Colorado Mills location is part of the Swedish retailers plans to expand "greatly" throughout the West.
H&M at Colorado Mills will include collections for ladies, men, young ladies and y…
PeakView at Dabling sees occupancy skyrocket
Northstar Commercial Partners recently invested in a 152,023-square-foot building in Colorado Springs, where occupancy rocketed from 28.57 percent at contract negotiation to 73.03 percent at closing.
Northstar, which specializes in acquiring opportunistic commercial real estate assets throughout the United States, bought a controlling interest in Dabling Properties LLC, which owns the facility, PeakView at Dabling, at 5825 Mark Dabling Blvd.
“We’re extremely excited …
Construction starts on Elan Union Station project
Construction is under way on a mixed-use project that will bring King Soopers to Lower Downtown Denver.
Martines|Palmeiro Construction recently broke ground on Elan Union Station, a seven-story, approximately 642,000-square-foot development at 20th Street and Chestnut Place that will feature 314 apartment units above-ground level retail and two stories of underground parking.
“We are really excited to be building such a high-profile property in Denver,” said Michael …
Mental Health Center receives LEED Platinum certification
The Mental Health Center of Denver’s Recovery Center recently was awarded LEED Platinum certification, representing the first major reuse and revitalization of a building in the former University of Colorado Health Sciences Center campus in Denver.
The certification is part of MHCD’s vision of being the greenest mental health facility in the country.
“We believe that the Recovery Center is the only mental health facility in Colorado and the second in the nation…
A&P celebrates completion of Rangely District Hospital
Adolfson & Peterson Construction’s AP Healthcare group recently celebrated the completion of the Rangely District Hospital.The replacement facility was completed three months early, on budget and with no contractor-initiated change orders.
The high-tech, single-story medical facility is a 72,367-square-foot critical access hospital that includes 18 beds, labs and clinic space, and provides primary and emergency health care services for residents and visitors of Northwes…
Denver sees 10 percent increase in lumber costs
According to the latest construction cost report from property and construction consultant Rider Levett Bucknall, the construction industry is recovering from the worst effects of the Great Recession and should experience modest growth throughout 2013.
RLB cites the strengthening of the Architectural Billings Index, prepared by the American Institute of Architects, as just one sign of the recovery. The index rose to 54.2 in January from a mark of 51.2 in December.
Overall constr…
Work begins on new commercial development in Gunnison
Construction has started on the first new commercial development in Gunnison in years.
Denver-based Drake Real Estate Services recently acquired a 4.8-acre site fronting State Highway 135 and accessible from Van Tuyl Circle where it is developing the Blue Mesa Shopping Center.
The Blue Mesa Shopping Center will comprise approximately 40,000 square feet and be anchored by Tractor Supply Co. on one of the four pad sites that make up the development.
“It’s huge for Gun…
Denver projects detailed in President's 2014 budget
The U.S. General Services Administration recently announced major public building construction and repair projects outlined in President Obama’s Fiscal Year 2014 Budget.
The budget proposal calls for common sense investments in the nation’s public buildings managed by the GSA.
“By investing in our public buildings, a smaller federal footprint and improved border crossing stations, GSA will not only create savings for the American people, but also assist in prov…
EDCC awards its 2013 awards for excellence
The Economic Development Council of Colorado recently awarded its 2013 awards for excellence in the field of economic development in Colorado.
This year’s recipients were chosen from seven categories:
Volunteer of the Year – Commissioner Jill Repella of Douglas County
…
HOK working on Byron G. Rogers office building
The modernization of the Byron G. Rogers Federal Office Building in Denver is under way.
HOK is the design architect on the design-build team for the modernization of the 18-story building for the U.S. General Services Administration.
The team was challenged to design an affordable, highly energy-efficient retrofit of a large historic existing building while creating a modern, flexible workplace for 11 federal agencies. The project included complete design and construction for u…
High-tech manufacturing bldg. trades for $2.5m
Alliance Storage Technologies Inc. purchased a Colorado Springs high-tech/manufacturing facility at a fraction of replacement cost.
The firm, which specializes in professional data archiving solutions for secure archival data, paid $2.5 million for the 51,588-square-foot industrial building at 10045 Federal Drive.
Alliance Storage is under way on renovations to the building, built in 1996, according to public records, and is expected to fully occupy the building in three to four…
City Council approves redevelopment of 104th Ave. site
This month, demolition and remediation will start on a former Target store in Thornton.
The city of Thornton, Thornton City Council and the Thornton Development Authority made the determination to demolish the site.
“We are certain the demolition of the vacant former Target building will create a positive momentum that will spur new development interest on the site,” said Thornton Interim Economic Development Director Jessica Erickson. “The redevelopment is an …
Data reveals stronger employment growth in metro Denver
Revised data for employment shows annual growth was even stronger than estimated in metro Denver, with 37,300 jobs added in 2012. The annual benchmark revision of the employment data reflects an increase of 2,800 more jobs than the previous estimate, according to data compiled by the Metro Denver Economic Development Corp. in its Monthly Economic Summary for April.
In addition to employment, retail sales and residential building permit annual data also were revised …
AIA Denver to host Box City for Kids
The American Institute of Architects Denver chapter invite area children to participate in Box City for Kids, a free and unique children’s event that promotes an understanding of historic preservation and urban design by combining art, architecture, creative thinking, city planning, design, construction, fun and learning into one comprehensive educational experience. Children in kindergarten through fifth grade (accompanied by adults) will experience the design and cons…
Major milestone reached with $135m design-build project
JE Dunn Construction, in conjunction with architecture, engineering and planning firm SmithGroupJJR, recently celebrated a major milestone of the U.S. Department of Energy’s new Energy Systems Integration Facility on the National Renewable Energy Laboratory campus in Golden.
A certificate of substantial completion was issued for the $135 million design-build project, allowing staff to occupy the 182,500-square-foot facility. Research equipment relocation and laboratory…
Black Hawk development site sells for $7.5m
A roughly 45-acre site that could potentially accommodate more than 1 million square feet of development, recently sold in Black Hawk for more than $7 million.
Jacobs Entertainment, through Black Hawk/Jacobs Entertainment LLC, acquired the property, locally referred to as the “Dakota/Black Hawk site,” which comprises 2.23 acres of casino land, including 40,788 square feet specifically zoned for gaming, and 43 acres of additional land.
“We saw a good opportunity…
New energy, capital coming to Shannon Hills Apts.
A California-based real estate investment group is set to inject new life into its latest multifamily property in Colorado Springs.
Western Investment Partners recently paid $3.42 million, or $48,786 per unit, for the 70-unit Shannon Hills Apartments at 2110 E. La Salle St.
“This is an opportunity to inject new energy and capital into a property with great potential,” explained ARA Colorado’s Kevin McKenna.
“It was owned and self-managed for a number of …
H&M, Loft coming to The Streets at SouthGlenn
H&M, Hennes & Mauritz, announced its continued expansion in the Denver-Aurora metropolitan area with its opening of a new location at The Streets at SouthGlenn. The Streets at SouthGlenn store, slated to open this spring, represents the fourth H&M location along the Front Range.
The approximately 23,000 square-foot store will offer collections for ladies, men, young ladies and young men, with separate “store within store” sections …
Mortenson starts 'gateway' project on UCCS campus
Mortenson Construction has broken ground on the University of Colorado Colorado Springs’ first design-build project – and the second project of its kind in the state.
“For the university, the main goal is it’s not just a parking structure but it’s a gathering space,” said Chris Knight, design phase manager at Mortenson. “The project will serve as a gateway to the west side of the campus, recreation center and a gathering place for the com…
Maintaining historic buildings 'key' to fabric of downtown
Repairing stone on the exterior to the historic Brown Palace Hotel may seem like an inevitability for a building constructed in 1892.
However, to Rhonda Maas, it is work like this that is crucial to the vitality of a downtown.
“Maintaining historic buildings is key to strengthening the fabric of downtown,” said Maas, president of Building Restoration Specialties Inc., which recently was awarded the contract to complete repairs, such as repairing stone on the exterior…