Grand Junction to light up Times Square in NYC
The Grand Junction Visitor and Convention Bureau partnered with the Grand Junction Economic Partnership in an effort to expand the community’s profile.
The latest effort is an electronic billboard near Times Square in New York City that will showcase images and activities in Mesa County. The advertisement will run through April 14. It is estimated that more than 300,000 people will see the advertisement daily.
“I am excited about the strong partnership GJEP and the V…
Walmart to anchor Garland Center redevelopment
Walmart is coming to Northglenn – and with it building a store that will meet the needs of the community.
Wal-Mart Stores Inc. recently announced plans to anchor the redevelopment of Garland Center in a joint project with the Northglenn Urban Renewal Authority. The 41,000-square-foot Neighborhood Market will feature a full grocery store as well as a pharmacy.
“We are excited to bring this project to our Northglenn customers,” said Walmart spokesman Joshua Phair…
GSA, design-build partners balance sustainability, history
After nearly two years of construction, work is complete on what is slated to be the U.S. General Services Administration’s first site net-zero energy building on the National Register.
The GSA recently rededicated the 95-year-old Wayne N. Aspinall Federal Building and U.S. Courthouse at 400 Rood Ave. in Grand Junction.
The $15 million project, financed with American Recovery and Reinvestment Act funding, is designed not only to be the GSA’s first site net-zero energ…
Center City Plaza sells for $5.05m
Center City Plaza, a sought-after office/medical office building in Colorado Springs’ central business district, recently sold for $5.05 million.
Center City Holdings LLC, represented by Kevin O’Neil of The O’Neil Group Co., who also was a principal in the transaction, purchased the 37,000-square-foot building at 455 E. Pikes Peak Ave.
“Center City Plaza is the nicest building in the CBD under 50,000 square feet,” said Ted Link of Cascade Commercial…
On Deck launches Denver hub
On Deck announced today the opening of a new Western regional office in Denver. The Denver office, which opened with 16 employees, will expand to over 200 professionals in the next two years across sales, operations and technology functions. Governor John Hickenlooper and Mayor Michael B. Hancock presided at an inaugural ceremony for local small business owners, business partners and government officials.
“Having a Western regional hub allows us to better reach and se…
RJM Construction starts Mercury Payment office renovations
RJM Construction has started a 65,000-square-foot office renovation for Mercury Payment Systems.
Mercury is expanding its existing space in the Metropoint II office building at 4610 S. Ulster St. in the Denver Tech Center.
RJM Construction is renovating space on the three floors to accommodate Mercury’s growing payment and call center services, including an expanded data center with 24/7 UPS service and an emergency backup generator. The sixth floor renovations will be com…
River Run apartments sell for $17 million
The only 100 percent market-rate apartment community in the Vail Valley traded in a $17 million deal.
A Texas-based real estate investment group purchased the River Run apartment property for $17 million after a $400,000 credit to the buyer at closing, which represents a price per unit of $145,299 and a price per square foot of $146.17.
“River Run is made up of 117 units and has a condo map already in place. The buyer intends on maintaining this as apartments for the time …
RTD receives unsolicited proposal for North Metro rail
The Regional Transportation District (RTD) has received a confidential unsolicited proposal for the North Metro Rail Project, part of RTD’s FasTracks program.The proposal was submitted this afternoon by a team led by Graham Contracting Limited. RTD staff will conduct a comprehensive evaluation of the proposal consistent with the agency’s Unsolicited Proposals Policy to see if the proposal has merit. If so, RTD will then pursue a competitive procurement process and rele…
Healthy outlook for region in 2013
Several economic indicators posted positive numbers in 2012, pointing to significant progress in the economy and a healthy outlook for the region in 2013, according to data compiled by the Metro Denver Economic Development Corp. in its Monthly Economic Summary for February.
Employment in metro Denver grew at a steady pace in 2012 and will continue to expand through 2013. The recently released 2013 Economic Forecast expects employment growth of 2 percent in 2013, slightly below th…
Roth Sheppard, Jordy start work on new Izakaya Den
Construction has begun on Izakaya Den’s new location.
Hiro & Co., doing business as Den Corner Restaurants, in collaboration with Roth Sheppard Architects and Jordy Construction, will unveil the new Izakaya Denver in late May.
The restaurant will be located in the former Pearl Street Grill location at 1487-A S. Pearl St., near its current location at 1518 S. Pearl.
Roth Sheppard is designing the new restaurant, slated to feature a grand staircase, glass enclosed eleva…
Atlas Prep buys 'once-in-a-lifetime' building
Atlas Preparatory School is expanding in Colorado Springs.
The school recently acquired 1450 Academy Park Loop, where this fall it will open ninth grade and then a phased expansion – one grade per year – into the facility to eventually house grades nine through 12.
CSDC Atlas LLC paid $3 million for the two-story, 67,000-square-foot office building, previously occupied by General Dynamics.
“The building worked well for a retrofit by Atlas,” explained Mik…
A&P breaks ground on cancer center in Fort Collins
A&P Healthcare, a group of health care construction professionals within Adolfson & Peterson Construction, recently broke ground on the University of Colorado Health’s second phase of its new cancer center in Fort Collins.
The second phase is a 30,000-square-foot addition to the existing oncology clinic and radiation oncology department. The two-story center will be located on UC Health’s Harmony campus in the city’s southeastern area. The outpatient fac…
Colorado continues to be among LEEDing states
Colorado continues to be a LEEDer – at least when it comes to green building.
The U.S. Green Building Council released its annual list of the top 10 states for new LEED certifications in 2012, on which Colorado ranks No. 3. Last year, Colorado was ranked No. 2.
Colorado’s ranking is hardly surprising, noted Angie Fyfe, executive director, USGBC Colorado Chapter.
“The level of commitment and talent among Colorado’s green building community is demonstrated…
Gateway project planned for Trinidad
Preliminary planning is under way on a mixed-use project designed to be a catalyst for the city of Trinidad.
Initial details regarding the La Puerta de Colorado project recently were announced at a press conference regarding the development near downtown and is set to include an event center, baseball training field, classic car museum, brewpub, sporting goods store, movie theater and hotel.
“It will represent the renaissance of the city of Trinidad, a new beginning,&rdquo…
Retail centers sell for $31.5 million
A pair of shopping centers in Colorado Springs recently sold for $31.5 million.
TKG Uintah Gardens Development LLC and TKG Academy Place LLC, out-of-state limited liability companies, purchased the Uintah Gardens Shopping Center and Academy Place Shopping Center from Weingarten Realty.
“Both Uintah Gardens and Academy Place received strong interest from the investment community given their infill locations and solid tenant mix,” said Brad Lyons of CBRE’s Retail…
Starbucks opens new concept store in Northglenn Greens
Starbucks Coffee has opened a new drive-thru and walk-up location at Interstate 25 and 104th Avenue in the Northglenn Greens shopping center on Bannock Street in Northglenn.
The 480-square-foot concept store is only the second Starbucks location like it in the nation and a model that will be used for future stores worldwide.
The store was manufactured in the United States using a reclaimed shipping container from China. Both the inside cabinets and flooring are constructed from …
Shoppes on Academy sells at nearly $400 per square foot
A retail property along the Academy Boulevard corridor recently sold for nearly $400 per square foot.
JK Capital LLC paid $3 million, or $394 per sf, for the Shoppes on Academy, a 7,599-sf retail center at 7214 Academy Blvd. in Colorado Springs.
“It was a good deal for both the buyer and seller,” said Jason Schmidt of Cushman & Wakefield of Colorado Inc. “It’s a well-located, nicely constructed center occupied by stable tenants.”
GH Phipps to build new Hunger Relief Center in Denver
Caring is at the foundation of a planned Denver facility.
GH Phipps Construction Cos. was awarded the job of building a new Hunger Relief Center for Metro CareRing, one of Denver’s largest hunger relief programs, which distributes between 4,000 and 6,500 pounds of food, baby items and personal care products every day.
Currently, Metro CareRing is raising $5.5 million to fund construction of the new 15,000-square-foot center, which will be built on the existing site a…
Taylor Farms facility sells for $15.2 million
Taylor Farms’ facility sold in one of, if not the, largest industrial investment transactions to close in Colorado Springs in 2012.
Los Angeles-based Pacific View Investments paid $15.2 million for the 83,616-square-foot industrial building at 890 N. Newport Road in the Aerotech Commerce Center.
“Pacific View Investments likes strong, long-term, net-leased, great quality buildings, which it found in the Taylor Farms’ building,” said Marty Cohan of the Wes…
Jax Mercantile expands Lafayette presence
Jax Mercantile has expanded into a second Lafayette store.
The Colorado-based company opened its first Lafayette store, a 37,000-square-foot Jax Outdoor Gear in June 2010. In November, the 57-year-old company hosted a soft opening for its second store, Jax Ranch and Home. The 45,000-sf retail store is home to pet and equine supplies, hardware, paint, Western wear and an assortment of lawn and garden supplies and equipment.
A grand opening will be held in the spring, when farm an…