Single-family home communities in Colorado are built to sell to owners, with some investors sneaking into the mix and grabbing properties to offer up as rentals. Avilla Buffalo Run in Commerce City represents a different kind of creature, a single-family community built from the ground up entirely for renters and not owners. “It is a deconstructed garden-complex apartment,” said Reed Ruck, managing director in Denver for NexMetro Communities, the developer. “It is a true hybrid that doesn’t exist in this market.” NexMetro, based in Phoenix, has built similar communities in Arizona and Texas and recently branched into Colorado, where it has acquired land for three build-to-rent — also called build-for-rent (BFR) — home communities in the northeastern metro area. Construction is in full swing at Avilla Buffalo Run in Commerce City, which is accepting tenants in the first phase of what will eventually be 123 single-level rental homes. Another 136 … [Read more...] about Colorado’s first build-for-rent community opening in Commerce City
Centurylink upgrade plans
A spokesman for the Mountain View, Calif.-based company said its operations in Utah’s capital city and in Provo would not be affected. That doesn’t mean Google Fiber’s build out here has gone as quickly as originally advertised, with some neighborhoods waiting years for the service to come online while the company has not offered a timeline for its completion. Jacob Brace, the firm’s Salt Lake City-based community impact manager, said Friday the company is poised to switch on its one-gigabit service starting in March for the neighborhoods of Jordan Meadows, Westpointe and Rose Park along North Temple as it continues to extend fiber across the city. Brace said the firm’s service footprint now covers almost half of Salt Lake City, including much of the downtown core and environs, “90 to 95 percent of Sugar House” as well as neighborhoods on the east bench. “We’re super focused on the customers and the network in Salt Lake … [Read more...] about Google Fiber just abandoned Louisville. So, how is the expansion in Salt Lake City going?
The owners of a drab office building at the corner of 15th and Curtis streets previously occupied by CenturyLink plan to give the structure a new face as part of an effort to better compete for tenants in downtown Denver. Real estate investment firms SteelWave and Rialto Capital Management recently partnered to buy the building at 930 15th St. for an undisclosed sum, according to a news release from Newmark Knight Frank. The team plans to transform the 12-story, 223,000-square-foot building — built in 1980, according to city records — into an attractive option for companies looking for big chunks of square footage downtown, the release said. Planned upgrades include installation of an exterior glass curtain wall that will replace the large tiles that cover much of the building today. A robotic parking lift system, updated fitness center and rooftop terrace will also be added as part of the work expected to wrap up in 2020. The reposition comes at a time when many … [Read more...] about Former CenturyLink building in downtown Denver getting new glass face