THORNTON, CO-A Denver developer is off and running on a $40.4 million, 480-unit apartment complex in a bedroom community of Denver, promising to deliver the metro region's 10th largest multifamily project in 2001.
DENVER-A developer, saying he got the land at a cheap price, is building what is being touted as the region's most affordable townhouses. The demand is such that calls are pouring into the listing agent's office.
LOUISVILLE, CO-The owners of 1722 Boxelder St. refinance a construction loan, going for a 10-year term deal. The 91,497-sf office building is occupied by McData Corp.
BRIGHTON, CO-Denver land developer Craig Carlson is undertaking a 1,400-acre commercial and residential real estate development in a city 20 miles northeast of Denver's Central Business District. The project, upon completion, will carry a $1.7-billion value.
DENVER-Vail Resorts Inc.'s earnings for the fourth quarter, and its fiscal year ending July 31, were as slick as its well-groomed slopes at Vail, Breckenridge, Keystone and Beaver Creek. Net income jumps 20% over 1999 figures.
DENVER-The biggest economic strength of the local economy,also could be its Achilles heel, according to a new report by the Federal Deposit Insurance Corp. A local investment executive disputes the findings.
DENVER-Hotels near the former Stapleton International Hotel hike apparently have recovered from the city's airport relocation, hiking occupancy rates nearly 19% over 1999 figures. The hoteliers will get another boost from office developments in the planning for the vacated airport property.
BLACK HAWK, CO-Black Hawk Gaming & Development Co. Inc. has cut off talks to buy the Claridge Hotel & Casino in Atlantic City. The purchase simply doesn't fit into Black Hawk's growth plans, says the company president.
DENVER-More than $150 million is being spent to develop two multifamily complexes with a combined total of over 1,000 units. Jumping on Central Platte Valley's development bandwagon are Denver-based Archstone Communities and Houston-based Greystar Capital.