Thornton gets green light from Larimer County for long-sought water pipe segment
The Denver Post » Real Estate News
by John Aguilar
11h ago
Thornton will be able to build a critical segment of a 70-mile pipe to bring water from the Cache la Poudre River to the fast-growing suburb north of Denver, after elected leaders in Larimer County unanimously — if begrudgingly — approved a permit for the northern segment of the pipe on Wednesday night. Colorado’s sixth-largest city, with a population of nearly 160,000, has been claiming for years that without access to Poudre water shares it has owned for decades, long-planned residential growth in the city is jeopardized — including affordable housing. But a procession of county residents ha ..read more
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WeWork asks bankruptcy court to retain two Colorado locations, with more likely to follow
The Denver Post » Real Estate News
by Aldo Svaldi
11h ago
WeWork, the nation’s second-largest provider of coworking spaces, has filed a motion in bankruptcy court to assume or keep its leases at the Triangle Building near Union Station in Denver and at Canyon 28 in Boulder. The two locations are among 16 the company indicated on Monday that it wants to retain as it restructures its finances and emerges from bankruptcy. A judge must approve the request, and terms must be reached with landlords. “These assumptions, which are subject to court approval, showcase WeWork’s progress in creating a more sustainable real estate portfolio to better invest in it ..read more
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WeWork asks bankrupty court to retain two Colorado locations, with more likely to follow
The Denver Post » Real Estate News
by Aldo Svaldi
1d ago
WeWork, the nation’s second-largest provider of coworking spaces, has filed a motion in bankruptcy court to assume or keep its leases at the Triangle Building near Union Station in Denver and at Canyon 28 in Boulder. The two locations are among 16 the company indicated on Monday that it wants to retain as it restructures its finances and emerges from bankruptcy. A judge must approve the request, and terms must be reached with landlords. “These assumptions, which are subject to court approval, showcase WeWork’s progress in creating a more sustainable real estate portfolio to better invest in it ..read more
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Supply of homes for sale in metro Denver saw a big boost in April
The Denver Post » Real Estate News
by Aldo Svaldi
2d ago
A big jump in new listings and a modest increase in closings helped drive up the number of listings available to buyers in metro Denver during the peak home-selling season, according to a monthly update from the Denver Metro Association of Realtors. A year ago, buyers in metro Denver had 4,632 home and condo listings to choose from, and two years ago, only 3,204. At the end of last month, there were 6,990 active listings on the market. Libby Levinson-Katz, chairwoman of the DMAR Market Trends Committee, expects the inventory will keep climbing in May and that sellers should account for that as ..read more
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Denver’s largest condo project since 2009 now has a name
The Denver Post » Real Estate News
by Aldo Svaldi
3d ago
Amacon Upton Residences is the name that Canadian developer Amacon has assigned to its 461-condo project in downtown Denver. This is a rendering of what the two-tower project on the former site of the Shelby’s Bar & Grill will look like. (Provided by Amacon) Canadian developer Amacon has given its mixed-use condo project along Broadway at 18th Street and Glenarm Place in downtown Denver a name — Upton Residences. Previously called Block 176 for city planning purposes, two towers are rising on the site of a former parking lot and building that housed the Shelby’s Bar & Grill restaurant ..read more
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Builders finally making a dent in Colorado’s housing shortfall. It’s not helping buyers or renters.
The Denver Post » Real Estate News
by Aldo Svaldi
6d ago
Builders are finally making a dent in the state’s housing shortfall, especially for apartments. But home prices and mortgage rates continue to outpace income gains, and affordability is worsening rather than improving. “The story with interest rates is that they are only exacerbating the problem,” said Steven Byers, chief economist with the Common Sense Institute in Denver. “The fact is that wages aren’t keeping up with these huge jumps in home prices.” For the first time since July 2022, home prices in all major U.S. metros, including Denver, rose year-over-year, reports brokerage firm Redfin ..read more
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It’s do-or-die time for a water pipeline Thornton says it needs to keep home construction alive
The Denver Post » Real Estate News
by John Aguilar
1w ago
It’s been more than five years since the Larimer County commissioners said no to Thornton burying miles of pipe in the county to transport water from the Cache la Poudre River. Now the northern Denver suburb is back in the same hearing room. And it has the same basic request: Let us move the water we own to our fast-growing and thirsty community. Larimer County’s board of commissioners will decide the fate of the 70-mile, half-billion-dollar infrastructure project as soon as Monday. As now proposed, the pipeline would follow an alignment that’s different from the one rejected in 2019. Instead ..read more
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Byzantine Catholic congregation lists Denver church for $1M
The Denver Post » Real Estate News
by Maia Luem
1w ago
One of only two Byzantine Catholic congregations in Denver is looking to upgrade. Holy Protection of the Mother of God has listed its existing church building at 1201 S. Elizabeth St. with an asking price of $1.1 million. That’s $435 a square foot for the 2,600-square-foot structure, which listing agent Matt Harper said a buyer could use as a day care or residence. “It’s a very interesting architectural building,” Harper said. “It’s surrounded by nothing but residential. It’s a really unique area.” Harper, of Madison Commercial Properties, is also helping Holy Protection find a new home. He sa ..read more
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Homeowners’ insurance is getting pricey. If your bills are rising, The Denver Post wants to hear from you
The Denver Post » Real Estate News
by Judith Kohler
1w ago
Between devastating hail storms and catastrophic wildfires, homeowners are getting pummeled by rising property insurance rates. Colorado has the sixth-highest average premiums for a standard homeowner’s policy and some insurers aren’t renewing policies or writing new ones in certain areas. Reporter Judith Kohler would like to talk to people who have experienced big increases in their home insurance premiums, haven’t been able to renew their policies or can’t get a new policy. If you’re interested in sharing your experience for an article, please fill out the information below. [contact-form] G ..read more
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Redevelopment of Denver’s former Johnson & Wales campus brings “once-in-a-generation opportunity”
The Denver Post » Real Estate News
by Megan Ulu-Lani Boyanton
1w ago
In South Park Hill, a former college campus is gradually being transformed — and what’s taking shape doesn’t look like a typical redevelopment project in Denver. In one building on the Mosaic Community Campus on a recent sunny Friday afternoon, DIRT Coffee Bar had just closed after a day of selling cappuccinos and training baristas with intellectual disabilities or neurological conditions. Nearby, a clerk smiled behind the counter at The Helping Hen Cafe. There, students facing barriers, such as housing insecurity or criminal convictions, receive free culinary job training through the nonprofi ..read more
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