Tag: Real Estate
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Denver-based Women’s Bean Project lands new space for headquarters
The Women’s Bean Project, a Denver-based nonprofit, received a new headquarters with much-needed space, and the Denver Housing Authority received land for much-needed affordable housing in a real estate deal that closed last month, according to a news release. The Women’s Bean Project’s mission is to “change women’s lives by providing steppingstones to self-sufficiency through…
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Report: Denver lodging bounces back, but lags behind national recovery
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Metro Denver’s hotels saw a strong first quarter, marching – slowly but surely – to pre-pandemic occupancy levels, according to an industry report from real estate giant CBRE. But the recovery remains behind the national average – largely because of the influx of all the newly-constructed, higher-priced…
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‘Return to normalization’ predicted for Denver area home sales market
Possibly signaling a return to a more balanced home sales market, the average price of homes in metro Denver in May dropped from the previous month for the first time in 2022, according to the Denver Metro Association of Realtors Market Trends Report released Friday. The average sales price for single family residential homes and…
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Construction starts on new Cherry Creek North office building
Cherry Creek developer BMC Investments will break ground this week on one of the last large developable lots in Cherry Creek North with a 100,000-square-foot, seven-story office building at 255 Fillmore St., CEO Matt Joblon said. The building, dubbed Office at 255 Fillmore, is 93% pre-leased, with one of the street-level retail spots going to…
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Bitwise Industries expanding to Greeley
Bitwise Industries plans to build a location in Greeley, along with four other cities across the United States, to train area residents on technology skills, build an apprenticeship program and offer tech work like software development to area businesses, the company announced Wednesday. The Fresno, California-based company’s business model is to open a “technology hub”…
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Colorado’s Bluestaq approved for $5.6 million in incentives to expand with 585 jobs
Colorado Springs-based government contractor Bluestaq said Friday it will hire 585 people over the next eight years after state economic development officials approved $5.57 million in incentives for the company. The nearly 4-year-old startup, which now employs 65 people in downtown Colorado Springs, will use the state tax credits to recruit the additional workers and…
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Denver’s real estate market soars, driven by low inventory, report says
Real estate agents and homebuilders are raising their eyebrows at the latest home inventory figures coming from Denver-area neighborhoods, as a shrinking supply of available homes continues to drive dramatic increases in prices. “The market came back with a vengeance in the new year,” said Matt Leprino, spokesman for the Colorado Association of Realtors, which…
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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 office market among top recovering in country
Metro Denver’s office space market is outpacing the activity it saw in pre-pandemic times, one of the top three cities in the nation to do so, according to a January report from commercial real estate giant CBRE. “Office leasing activity in metro Denver jumped 39 points in January, now standing 17% above Denver’s pre-pandemic baseline,”…
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Douglas County’s Wildlife Experience building to transform once again
The Wildlife Experience building just east of I-25 and Lincoln has been many things to many people in its 19-year life: an events center, museum of natural history, IMAX theater and a University of Colorado Denver South campus. Now it’s poised to transform again, this time into an alternative education campus for the Douglas County…