Tag: Denver Real Estate
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Son to take over 70-year-old Denver development firm
Buz Koelbel ran a top Denver real estate development firm for nearly half a century — but he’s stepping down as CEO to hand the business over to his first-born son. Carl Koelbel will take over as CEO and president of Koelbel and Co., the real estate firm announced this week, continuing the tradition of being…
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Denver’s residential real estate market paying big dividends
With just 1,226 homes for sale at the end of February and average prices inching up again, metro Denver’s residential real estate market shows no signs of slowing down in 2022, according to a Market Trends report released Thursday by Denver Metro Association of Realtors. Average sales price rose to $647,776, up 6.58% from January…
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Denver’s former Art Institute building to become studio apartments
The building that used to hold the Denver Art Institute of Colorado is slated to become art-themed studio apartments, according to developers Nichols Partnership. The newly-named Art Studios building will consist of 194 studio apartments located at 1200 Lincoln St. in the Golden Triangle neighborhood. The building, built in 1962, served as the for-profit art…
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Law firm signs on for one-third of new McGregor Square’s office space in LoDo
Lewis Roca Rothgerber Christie LLP is moving its Denver office to the new McGregor Square in Lower Downtown, signing on for two of the square’s six floors of office space, the law firm announced Tuesday. The law firm and its predecessors have been apart of the Colorado legal community since 1903, with offices in Denver…
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McGregor Square: A sneak peek into downtown Denver’s future ‘entertainment hub’
After four years of planning and construction, the newest addition to downtown Denver is coming in 2021. McGregor Square, across the street from Coors Field in Lower Downtown, aims to become the place to be in Denver. The $365-million project includes three towers that will house condos, a hotel, office space and numerous shops and…
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Report: 2,000-foot setback rule could be disastrous for Denver’s real estate market
It would take downtown Denver’s office market seven years to recover from the impact of the potential vacancies caused by the Colorado Oil & Gas Conservation Commission’s new setback rules, according to a new report. The report was conducted by the Cushman & Wakefield real estate firm. “The oil and gas industry is a vital component…