SUPERIOR, CO-The largest section of undeveloped land in this Denver suburb is being secured by one of the largest developers in nearby Colorado Springs. The Schuck Corp. plans to finalize the 35-acre deal in first quarter 2001.
DENVER-A one-of-a-kind property has hit the market in Denver's Central Business District where high-rise offices, hotels and old warehouses have dominated the hot property roster in recent years. The historically significant neo-classical building claims James Naismith, father of basketball, as its first physical director.
DENVER-Interlink looks to Highlands Ranch, the area's largest master-planned housing community, to build a 31,000-sf, $5.5 million headquarters. The center will include a software development center.
SUPERIOR, CO-The second high-tech incubator for a CA-based venture capital firm is readying 30,000 sf in time for an October opening. The office will be staffed with entrepreneurs-in-residence to provide a pool of mentors to guide startup ventures.
DENVER-It's been a stellar year thus far in the Denver-area retail market, where rising rental rates appear to be the only downside to the economic surge. Absorption is up, vacancy is down and sales are hardy, according to a recent report.
DENVER-Post Properties Inc., developer of a $100 million, luxur complex, is taking steps to buy out its neighbor - a low-income apartment complex on about 12 acres. The REIT has signed a $14 million contract, giving 60 days to complete due diligence before closing on the site.
DENVER-In an ambitious undertaking, Atlanta-based Integral Group is overseeing a $65 million urban redevelopment, calling for affordable housing that's fully integrated with market-rate, single-family homes and luxury apartments. Denver's one of the few cities in the nation initiating the strategy for blighted areas.
DENVER-Following a $2.4 million renovation, the International Building is up for sale. The owner says he is partially looking to cash in on the city's strong downtown market.
DENVER-The Orlando-based CNL Hospitality Corp. is spending $43 million to acquire hotels in Denver and the Boston area. The acquisitions are part of an investment strategy to secure smaller, upscale, full-service facilities in major markets.
DENVER-A Denver developer is exercising her majority rights in a 300,000-sf center, recently completing a $2 million face-lift capped off by a name change for a 53-year-old retail spot once hailed as "the largest modern shopping center in the West." The $2 million project is designed to appeal to New Economy shoppers.