Developing mixed-use projects featuring modern amenities and competitively priced units in a prime location in a city like Denver is no small task. But currently underway is a project that is sure to become one of the premier rental communities in Denver: 2785 Speer.
2785 Speer is a 332-unit, five-story mixed-use apartment community. It is a $54 million (construction cost) project situated on 4.5 acres near Interstate 25 and Speer Boulevard in Denver’s Jefferson Park neighborhood.
Vacant lots, neglected properties and half-finished commercial and residential developments were an unfortunately common sight following the recession and housing market crash in 2008.
But during the past few years, major urban markets across the country have seen a willingness on the part of financial institutions and developers to again invest in once-troubled properties as well as new developments.
Chicago-based Kinzie Real Estate Group is playing a critical role in re-building residential and other assets within its home market. The company does this in part by working with banks and others to revive foreclosed properties.
A subsidiary of one of the United States’ largest general contractors is working to transform a portion of the University of Southern Mississippi campus.
Roy Anderson Corp., a Tutor Perini company, began work in July 2013 on the Century Park South residence hall project, a $55.6 million complex that will house more than 950 students, a new student medical clinic, administrative offices and a multipurpose park for freshmen and scholarship students. The project includes three five-story buildings, two of which are projected to be complete in July 2014, with the third opening its doors in January 2015.
Project plans can go awry when implementation begins. But Binghamton University put the time and resources into its recently completed East Campus Housing Project and made sure it was truly a team effort.
This September, Southwest Airlines broke ground on a significant expansion of Houston’s Hobby Airport that will make the already-bustling hub one of the airline’s most important international gateways. Already the industry leader in passengers served and customer satisfaction, Southwest believes the addition of service to international destinations in Latin America and the Caribbean will help the airline take the next step in its evolution.
DMR Architects believes in creating spaces that fit their occupants perfectly, and so it’s no surprise that the firm has a portfolio that spans a wide array of sectors. Principal Lloyd Rosenberg says the firm’s portfolio includes everything from multifamily residential to commercial to educational and urban planning projects. The diversity of the firm’s work speaks to the high level of service and attention to detail with which DMR Architects approaches each project, and Rosenberg says that is why the firm continues to build on its past successes and add to its long list of satisfied clients.
Five years ago, the city of Williston, N.D., had a population of 10,000. But since the oil boom in the Bakken Shale region, that number has significantly increased, Bakken Contracting Co. Operation Manager Brett Rossell says. “There has been an influx of 30, 000 to 40,000 workers,” he says. “The market has just blown up exponentially.”
While catering to top global energy corporations, Trans America Group, a multifaceted development company, is equally comfortable with industrial, commercial or residential projects. Indeed, its projects include everything from high-rise buildings to high-end themed resort communities to warehouses and huge industrial office parks.
“We pride ourselves on our flexibility,” COO Bob Horton says. “We have to be able to provide varying sizes of parcels to meet our clients’ needs. We provide different types of space including office or warehouses in various sizes.”