DENVER | Main Development Thread #6 - Page 168

TakeFive · #**3341** Posted **Apr 1, 2015, 8:00 PM**

According to the new quarterly report from the Rider Levett Bucknall’s National Construction Cost Index:

Quote:

By way of contrast, construction cost escalation in the last quarter... increased at an annualized rate of 4.64% while the CPI for All Urban Consumers fell at an annualized rate of 4.03% in the same period.

So why do construction costs continue to rise? The answer lies partially in the fact that the construction industry in 2015 is smaller than it was prior to the start of the recession. As construction activity picks up, this smaller sized industry is, in some areas of the country, struggling to keep up with demand.

Other than laggards Las Vegas and Phoenix, Denver had the lowest increase with a 4.12% YOY change although the variance among cities wasn't significant.

Recommendation:
Due to the downward pressure on many input costs NOW is a great time to build as crude oil costs won't stay down forever.

Special Note:
Now is an especially good time to construct projects that are 40 stories or higher.

CurtisParkChris · #**3342** Posted **Apr 1, 2015, 9:00 PM**

This link was in the latest Five Points Business District email, with some great renderings of Welton/Washington St projects under construction (previously disclosed) and the latest rendering of the project at 25th and Welton light rail stop -- all from Palisades I believe:

http://files.ctctcdn.com/7d67c8d1301/3181acb4-d467-4c67-96f4-676a3fe97306.pdf

DownhomeDenver · #**3343** Posted **Apr 1, 2015, 9:42 PM**

Too bad these images suck so bad

DownhomeDenver · #**3344** Posted **Apr 1, 2015, 9:47 PM**

Quote:

Originally Posted by CurtisParkChris

This link was in the latest Five Points Business District email, with some great renderings of Welton/Washington St projects under construction (previously disclosed) and the latest rendering of the project at 25th and Welton light rail stop -- all from Palisades I believe:

http://files.ctctcdn.com/7d67c8d1301/3181acb4-d467-4c67-96f4-676a3fe97306.pdf

Wow I love it! It also looks like there's a project "planned" across 26th where the Petal Shop building is now.

seventwenty · #**3345** Posted **Apr 1, 2015, 10:50 PM**

Quote:

Wow. Some of those 1990 plans removed the N-S rail right of way. Wizend has to be pissed!

Paulopolis · #**3346** Posted **Apr 1, 2015, 11:55 PM**

That is a really nice project! I'm impressed. Here's hoping the nimbys don't knock this one down to 5 stories as well. DHD, I think that other project is the new addition to the south side of the Rossonian Hotel building.

Quote:

Originally Posted by DownhomeDenver

Wow I love it! It also looks like there's a project "planned" across 26th where the Petal Shop building is now.

bcp · #**3347** Posted **Apr 2, 2015, 12:18 AM**

^^^ hell yes. welton may have actually, finally, turned the corner.

DownhomeDenver · #**3348** Posted **Apr 2, 2015, 2:17 AM**

Looks like Cherry Creek could be getting another possible 12 story building as condos at 149 Steele St from the JRES weekly newsletter:

The Pauls Corporation filed a zone change application that would permit construction of a twelve story condominium building in the Cherry Creek North neighborhood of east central Denver. The project would be the second phase of a mixed-use development on East 1st Avenue between Steele and St. Paul streets. The Pauls Corporation is currently completing work on the first phase, an eight-story office building to be anchored by First Bank. If the rezoning is approved by Denver City Council the second phase at 149 Steele Street would contain 56 condominium units.

http://www.denvergov.org/Portals/646/doc...4I00074_BP_Staff_Report_Packet_32415.pdf

The Dirt · #**3349** Posted **Apr 2, 2015, 5:34 AM**

I didn't know that 15th was considered for the mall at one point. Fascinating.

DownhomeDenver · #**3350** Posted **Apr 2, 2015, 2:29 PM**

While I was making my way through the Union Station neighborhood the other day, I think that the site at 20th and Chestnut may be getting close to demolition. That storage facility is definitely closed up and there were workers getting ready to install a fence around the existing building. Would be nice to see construction start this year! I kinda like the new renderings from JG Johnson.

DenverPoke · #**3351** Posted **Apr 2, 2015, 3:47 PM**

Quote:

Originally Posted by DownhomeDenver

While I was making my way through the Union Station neighborhood the other day, I think that the site at 20th and Chestnut may be getting close to demolition. That storage facility is definitely closed up and there were workers getting ready to install a fence around the existing building. Would be nice to see construction start this year! I kinda like the new renderings from JG Johnson.

Good news! I personally like the older rendering better, but I'm cool with the new one as well. Looks like there will be 3 hotels under construction down there soon, plus the Z Block nearby.

TakeFive · #**3352** Posted **Apr 2, 2015, 8:35 PM**

Thanks to mrwgifs.com

"Hickenlooper tries to find more money for Colorado film incentives"
Apr 2, 2015 by Ed Sealover, Denver Business Journal

Quote:

That move would leave the film program with only $1 million in available money for next year after subtracting the $1.5 million it already has promised to the Quentin Tarantino movie “The Hateful Eight” that currently is filming near Telluride.

That $1 million total is so low that Colorado Film Commissioner Donald Zuckerman is turning away potential projects that have inquired about shooting in the state.

I know times are tough; they only have additional 900 million dollars for this year's budget.

Thanks to Michael Roberts/Westword

- "Spent the evening in downtown Niwot watching the filming of Dear Eleanor, directed by Kevin Connelly."

seventwenty · #**3353** Posted **Apr 2, 2015, 9:14 PM**

A Case Study in Flawed Street Design: The New Urbanist neighborhood of Stapleton, Colorado, suffers from compromised planning standards.

Quote:

Originally Posted by CityLab

You might think Stapleton would be immune to stunts that call attention to car-first street design. It was, after all, envisioned as a New Urbanist neighborhood that emphasized compact development and alternative transportation. But the area undermined its planning ideals in the face of conventional traffic standards, says civil engineer Wesley Marshall of the University of Colorado at Denver, and the result has been an unfortunate case study in the hazards of design compromise.

"You don't want to look at a case like Stapleton and say New Urbanism is a failure, because it isn't really quite New Urbanism," says Marshall, who not only studies Stapleton but lives there with his family. "In terms of the architecture and a lot of that stuff, it looks the part. But it doesn't function that way. And a lot of the reasons it doesn't function that way are specifically transportation related."

RyanD · #**3354** Posted **Apr 2, 2015, 9:35 PM**

17W has a crane base on site...

I might know when the tower crane is going in...

I might be on the project site, behind the fence that day...

Taking amazing photos...

Maybe even going up in the crane when it's done...

It's going to be epic...

wong21fr · #**3355** Posted **Apr 2, 2015, 9:38 PM**

Quote:

Originally Posted by seventwenty

A Case Study in Flawed Street Design: The New Urbanist neighborhood of Stapleton, Colorado, suffers from compromised planning standards.

Talking smack about my future hood, I'll cut you, bro.

wong21fr · #**3356** Posted **Apr 2, 2015, 10:04 PM**

Quote:

Originally Posted by RyanD

17W has a crane base on site...

I might know when the tower crane is going in...

I might be on the project site, behind the fence that day...

Taking amazing photos...

Maybe even going up in the crane when it's done...

It's going to be epic...

Totally not jealous.

Scottk · #**3357** Posted **Apr 3, 2015, 12:21 AM**

Are there any plans for that lot in the prospect by the transformer near the tracks?

seventwenty · #**3358** Posted **Apr 3, 2015, 12:26 AM**

Quote:

Originally Posted by wong21fr

Talking smack about my future hood, I'll cut you, bro.

• Video Link

Stonemans_rowJ · #**3359** Posted **Apr 3, 2015, 12:45 AM**

Quote:

Originally Posted by seventwenty

A Case Study in Flawed Street Design: The New Urbanist neighborhood of Stapleton, Colorado, suffers from compromised planning standards.

I looked at a townhome out there recently and the walkscore was a 15. Yes, a 15.

It's a shame they made roads like highways run through the whole thing and put the grocery on the fringes.

The Dirt · #**3360** Posted **Apr 3, 2015, 2:49 AM**

Quote:

Originally Posted by seventwenty

A Case Study in Flawed Street Design: The New Urbanist neighborhood of Stapleton, Colorado, suffers from compromised planning standards.

This analysis is right on the money.