DENVER-Most people who stay at hotels will never know it, but Denver-based Destination Hotels & Resorts manages some of the premier hotels in the nation. The latest contract puts the reins of Pointe South Mountain Resort in Phoenix into the firm's hands.
DENVER-Making its fourth move since 1915, a 100-attorney firm has moved lock, stock and barrel into 85,000 sf in LoDo's Millennium Financial Center. The $30 million structure is the first major office building to open in the CBD in nearly 15 years.
DENVER-The CA-based Legacy Partners plans to the build the first of what is expected to be a high number of new office buildings in the Central Platte Valley, former railroad yards adjacent to Denver's Central Business District. The area is being touted as a second downtown, designed with its own neighborhoods.
BRIGHTON, CO-Long viewed as a low-rent area, this CO community is doing a turnaround, catching the eyes of an investment group. The town, situated 20 miles northeast of Denver, sees a 66-unit apartment complex fetching $2.1 million that the broker says is in the region's development path.
STEAMBOAT SPRINGS, CO-Mark Ansteth wants to make one thing clear: The ski resort of Steamboat Springs, CO, isn't going to become another glitzy resort like its better-known rivals, Vail and Aspen. He contends the town's laid-back, friendly atmosphere will stay despite the upper-level amenities that will be delivered next month when the 327-room hotel opens it doors.
COLORADO SPRINGS, CO.-A 156,000-sf state-of-the-art technology center is being built for FedEx on 1,200 acres near the USAF Academy. Koll Corporate Development is in charge of the project, which will feature offices and a lab for software and digital development.
GREELEY, CO-A commonplace practice in AR and CA is spreading to CO, where a community of 70,000 is saving 8% on its daily water usage by channeling untreated water into sprinkling systems for parks and ballfields. The community set the plan into motion in the midst of a near-record heat wave that has residents grappling with temperatures in the 90s almost daily. Another nearby town is using untreated water for residential sprinling systems.
DENVER-Denver's Mayor Wellington Webb contends Post Properties Inc. is not the right developer to redevelop the East Village low-income housing project in northeast Denver into a development for low, middle and market-rate housing. And neither is another Atlanta-based firm, the Integral Group. The mayor says the project needs a developer sensitive to meeting housing needs for working people and low-income residents.
BROOMFIELD, CO-A community midway between Denver and Boulder will be the North American Operations Center for the rapidly growing 360networks Inc., a Vancouver-based telecommunications company. The company seals the plan with a 95,000-sf lease in the Mountain View Corporate Center.
DENVER-In a surprise move, Atlanta-based Post Properties Inc. has withdrawn its $14 million bid to buy East Village, a controversial low-income apartment complex east of Denver's central business district. The subsidized housing complex is across the street from Post's $100 million, luxury apartment project.