Denver Dots and Aerotropolis
https://www.bizjournals.com/denver/n...expansion.html
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HighPoint Logistics Park — an already massive industrial and logistics project at the intersection of E-470 and 64th Avenue in Aurora — will expand by 274 acres, bringing its total size to nearly 400 acres, developers Hyde Development and Mortenson Properties told Denver Business Journal Friday.
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Mortenson a long-time Denver developer has teamed up with fellow Minneapolis headquartered Hyde Development on this development.
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On Nov. 20, they closed on an additional 145 acres for $22.33 million, according to property records. Another purchase of 129 acres is set to close next month. All told, the latest transactions will more than triple the size of HighPoint.
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The Seller is Westside Investment Partners who has purchased Loretto Heights and Park Hill Golf Course in Denver. Westside has also sold some of their 'High Point' land to William Lyon Homes to develop a mixed-use community including 430 homes starting in the low $300,000's.
High Point is also the backdrop for a large (sprawling) development. D.R. Horton, the largest homebuilder in the country (along with Lennar Homes) is the lead builder. Local homebuilder Richmond Homes and others will also round out a varied portfolio of offerings. D.R. Horton's homes are starting in the low $400,000's. Gaylord Rockies Resort & Convention Center is in the same area as all of the above.
The Pauls Corporation, also a long-time Denver developer (their offices are in Cherry Creek) has announced plans out by the airport.
More than 1,000 rental housing units proposed on vacant site near Denver airport
Dec 2, 2020 By James Rodriguez – Reporter, Denver Business Journal
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A Denver-based developer is planning to build roughly 1,175 rental housing units, along with retail space and hotels, on 60 acres of vacant land at the northeast intersection of East 40th Avenue and Peña Boulevard, according to a proposal submitted to the City of Denver.
The project would be built in phases and would include four 5-story apartment buildings, approximately 141 single-family rentals, roughly 57 townhome rentals, two 1-story retail buildings, two hotel buildings and a roughly 4-acre park.
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Other nearby projects by the Pauls Corp are:
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Nearby, Pauls Corp. is building a mixed-use project with 374 apartment units and a retail component on a site south of 40th Avenue and directly east of the Regional Transportation District's commuter rail station at 40th Avenue and Airport Boulevard
Directly north of that rail station, Paul's Corp. owns another 17-acre parcel of vacant land that's earmarked for future development, according to Joe Wilson, director of multifamily construction for Pauls.
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Is Commuter rail important?
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Wilson said the company is seeing a high demand for rental units in the area, particularly near the commuter rail station.
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As always development is a slow-walk process.
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Wilson said he expects the entitlement process with the city to be completed by the second quarter of 2022. After that, phased construction could begin.
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Why is this important?
An urban city can not function unless 'somebody' provides the nuts and bolts of life. 'We' tend to take for granted a gazillion activities and things. Somebody has to supply and deliver all this 'daily bread.'
Secondly, this is the 'one part of town' that will offer a mixed-use and mixed affordability options for everyday people.
Be grateful.