DENVER-New York City-based Tarragon Realty Investors Inc. sheds the 32-year-old Village at Gateway multifamily rental project, its only holding in this market, for $43,456. Tarragon's new management is credited with removing crime from the development.
DENVER-Brewery Bar II, a popular eatery at the edge of Downtown Denver, is opening a second location in the Entertainment District in the recently created city of Lone Tree. Wynkoop Brewing Co. is opening the first "brew-pub" in the Capitol Hill neighborhood east of the Central Business District.
DENVER-Through its Cherry Creek Investment Group LLC, Dallas-based Alliance Hospitality will reposition the 141,793-sf Landmark Inn as a 214-room Holiday Inn Select. It will aim for the business travel as well as leisure market.
DENVER-Brewery Bar II, a popular eatery at the edge of Downtown Denver, is opening a second location in the Entertainment District in the recently created city of Lone Tree. Wynkoop Brewing Co. is opening the first "brew-pub" in the Capitol Hill neighborhood east of the Central Business District.
DENVER-Mercy Housing SouthWest emerges "after an intense competitive process" as the developer of affordable rental housing at the nation's largest urban infill redevelopment. The project begins with two acres.
COLORADO SPRINGS, CO-The multifamily rental vacancy rate soars 3.5 percentage points in the fourth quarter to 8.9%, nearly triple from the fourth quarter of 2000. Overbuilding also has pushed average rents down.
DENVER-Conflicting uses next to the Avenue Theater, as well as rising rents in the trendy Uptown neighborhood force it to leave "the greatest small theater space in town" after 15 years.
DENVER-The $29.3-million, 94-unit WaterTower Lofts is the first multifamily complex in the Prospect neighborhood near Coors Field, but city investment in infrastructure is expected to spur more development in the area close to Downtown.
DENVER-The uncertainty over the completion date of the $268-million Colorado Convention Center has cost the city $27 million, with the possibility of another $18 million hit.
DENVER-A 40,000-sf Mexican-style grocery store would anchor a repositioned 600,000-sf retail center northwest of Downtown. The entire center would cater to an growing, but under-served, market, the property's owners and area brokers say.