BIG NEWS! – VF Corp Relocation

Hitting the news wires this morning is the announcement that VF Corp, the parent of brands such as The North Face, Vans, Smart Wool (founded in Steamboat), and others, will be moving their headquarters to Denver. VF Corp employs 70,000 people worldwide and has revenues of $11.7 billion. The move will bring roughly 800 positions …

BORING!!!!!!!

Title Commitments - think they don't matter or don't even know what they are?  Are you already falling asleep?  You are not alone! Can you say $10,000,000 mistake??? 300+ people in Denver just found out they bought income restricted homes - and paid non-income restricted prices.   (My bet - this is not isolated to Denver) In …

Happy Days at Happy Canyon???

According to the Denver Post: Tony’s Market on Broadway is closing, moving to south Denver location Tony’s will be one of a number of complementary businesses inside Happy Canyon, a 42,000-square-foot food hall that includes a 13,000-square-foot wine and liquor store. There also will be a bakery, a bar, a florist and other shops. The concept …

New Denver Infill – Park Hill Golf Course

The recent news that the Clayton Early Learning Foundation is discussing selling the Park Hill Golf Course to the City of Denver opens the possibility that the golf course will be redeveloped.  This is a shock to many, but not surprising considering the decline in golf combined with the mediocre performance of this course.  The …

Happy Canyon Shopping Center Renderings

For anyone who is wondering what's happening with the former Safeway at Happy Canyon Shopping Center, below are some images from the current leasing brochure showing renderings for a marketplace-type concept: Lots of rumor still swirling, but no action yet. According to one source, several groups have taken a run at the building, but negotiations …

Lakewood 1% Growth Cap – Horrible Idea

Looks like the risk of a 1% cap on the growth of housing units in Lakewood is back on the table. To recap, a group of local residents collected sufficient signatures to require the council to impose a cap of 1%, or place the measure on the November ballot.  A challenge was filed (on technicality …

I-70 Mountain Traffic – Connected Vehicles Ecosystem (RoadX)

Quality of life is one of the main drivers of economic growth and real estate development in Denver.  Much of that quality of life is attributable to mountain access, much of which occurs on I-70.  As anyone who has driven the corridor on weekend can tell you, there are some major threats to our quality …

Mixed Use Development in Castle Rock

Confluence Companies plans to start construction in January on Riverwalk, a $60 million mixed-use project in downtown Castle Rock. The development will contain 228 apartment units, 30,000 square feet of office space and 10,000 square feet of retail. Riverwalk will be located on Wilcox Street south of 2nd Street, adjacent to Festival Park. Read more …

Much needed affordable inventory

Village homes is planning new "affordable" homes for the area near Green Valley Ranch by DIA, near Chambers and Green Valley Boulevard.  With 698 homes planned, including single family detached, duplex and townhomes, this much needed product can't come soon enough.  Read more: Village Homes unveils 700-home community  

I was wrong

Throughout the winter, my expectation was that as the market progressed into the Spring selling season, we would start to see a good increase in home inventory, getting us back to a more balanced market and taking pressure off pricing.  As we now sit on the cusp of the season, it appears I was wrong. …

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