The Boom Continues in Downtown Denver

Check out our broker Eli Boymel’s article featured in the Colorado Real Estate Journal!

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Commercial Real Estate Retail Recap: November 2016

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Commercial Real Estate Retail Recap: December 2015

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ICSC PRESS RELEASE : CitySet Wins 2014 ICSC U.S. Design & Development Award

Press release below, featuring our listing at CitySet in Glendale, CO!

FOR RELEASE UPON RECEIPT

ICSC Contact

Jesse Tron: (646) 728-3418

jtron@icsc.org

ICSC

Cityset Wins 2014 ICSC U.S. Design & Development Award

NEW YORK, December 5, 2014 – Throughout its history, the International Council of Shopping Centers (ICSC) has recognized and honored the shopping center industry’s most cutting-edge properties, innovative solutions and creative responses to market trends, as well as outstanding examples of design and development throughout the world through its Global Awards programs. As part of the shopping center industry’s premier awards competition, ICSC is pleased to announce that Cityset, Glendale, Colorado has been chosen as a Silver Design and Development Award winner in its annual U.S. Design and Development Awards. ICSC’s U.S. Design and Development Awards are designed to recognize outstanding projects for excellence in the creation of new retail projects, and in the expansion or redevelopment of existing projects, solely within the continental United States. [Editor’s note: For complete details on this awards and a list of all winners, visit ICSC’s global awards web gallery]. 

Cityset is a seven-acre mixed-use development located in the city of Glendale/Cherry Creek, Colorado, an “island” of sorts as it is surrounded by the city and county of Denver. What started as a hotel remodel, this project became a 250,000-square- foot open-air plaza concept to include an experimental blend of high-profile restaurants, hotels and retail establishments.

Professional regonition was given too Sonely Retail, LLC, Sonely Lodging, LLC & Cherry Creek Lodging, LLC , Owner; Stonebridge Companies, Management/Development Company; Stantec ViBE, Design Architects/Lighting Designer; G3 Architecture, Inc. Production Architects; TCI, Wells Fargo, Finance Company; Milender White Construction Co; Martines Palmeiro Construction, LLC; Waner Construction Co, Inc., General Contractor; and Crosbie Real Estate Group LLC, Leasing Company.

ICSC announced the winners of the 2014 U.S. Design and Development Awards during an awards ceremony at ICSC’s annual CenterBuild Conference in Phoenix, Ariz. The competition was open to shopping center owners, developers, management companies, architects, designers, retailers, or other professionals responsible for any retail project or retail store design that demonstrated unusual development or redevelopment characteristics with a high degree of creativity and uniqueness within the continental U.S.   The competition focused on three general categories: Renovation or Expansion of an Existing Project; New Developments; and Retail Store Design.

In addition, all Gold U.S. Design and Development Award winners are automatically eligible to win ICSC’s VIVA Best-of-the-Best Award.  The ICSC VIVA Best-of-the-Best Awards, which recognize the shopping center industry’s most cutting-edge properties, innovative solutions and creative responses to market trends, throughout the world, will be presented during ICSC’s annual convention, RECon, May 17, 2015 in Las Vegas, Nev.

Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 67,000 members in over 100 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.  For more information, visit http://www.icsc.org.

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Re-posted by: Crosbie Real Estate Group

Denver Westword I Fast-Casual Pizza Chains Vie for a Slice of the Denver Market

pizzaRestaurateurs around Denver are really hoping you’ll get on board with their fast-casual pizza concepts; time and money are being spent perfecting dough recipes, building health-conscious angles, and firing up custom ovens to blister crusts in the amount of time it takes you to swipe a debit card. Businesses are welcoming comparisons to other successful fast-casual operations — after all, if consumers have made the lowly burrito the king of the quick lunch, success seems more likely for newer chains if they mimic Chipotle’s service model and goals. Pizzeria Locale, Modmarket and Project Pizza are all competing for a slice of the pie market and are learning as they go.

Boulder-based Modmarket just announced that it has retooled its dough recipe, adding stone-ground wheat to the mix along with sea salt, olive oil, agave sugar and an overnight rise, which, according to the company’s press release, adds more flavor and strength to the finished dough. The new dough is now available at all eight Colorado Modmarket locations. A recent article on Thrillist included Modmarket in a list of small chains that could someday reach Chipotle-like proportions. The company also builds sandwiches and salads, capitalizing on the healthy-food trend in case the fast-casual pizza boom fizzles.

This comes right as the latest Pizzeria Locale opened in the West Highland neighborhood and owners Bobby Stuckey and Lachlan Mackinnon-Patterson (both of Frasca fame) announced that they’ve rolled out a new 100 percent stone-ground wheat dough, some of which is actually ground in-store in a custom-built mill. Pizzeria Locale plans to retrofit its original fast-casual restaurant on Broadway with the same equipment and processes to make the new dough, which will also be the standard for all future locations. Comparisons with Chipotle are accurate when it comes to Pizzeria Locale; Stuckey and Mackinnon-Patterson teamed with the burrito giant to streamline the concept, based on their original Boulder pizzeria, for the fast-casual market.

Read more: Denver Westword I Fast-Casual Pizza Chains Vie for a Slice of the Denver Market
Re-posted by: Crosbie Real Estate Group

Denver Business Journal I Urban vibe planned to the ‘T’ at CitySet

Denver Business Journal features our listing at CitySet in Glendale:

Urban vibe planned to the ‘T’ at CitySet

Image It’s easy to see why Navin Dimond, president and CEO of Englewood-based developer Stonebridge Companies, wanted to build something where Colorado Boulevard meets Cherry Creek Drive South in Denver.

That’s because plenty of traffic goes by every day — between 80,000 and 150,000 cars, according to Daniel Aizenman, senior architectural designer with Stantec, which designed CitySet, the 250,000-square-foot hotel and dining district that Stonebridge Companies built there on 7.32 acres during the Great Recession.

“Those are huge numbers for visibility, and retail is all about eyeballs,” he said.

For more information about CitySet, click here or contact Crosbie Real Estate Group at 303-389-2111.

Read more: Denver Business Journal I Urban vibe planned to the ‘T’ at CitySet
Re-posted by: Crosbie Real Estate Group

Denver Business Journal I Metro Denver’s southeast market exploding, developers say

ImageOffice buildings, hotels, retail space and apartments — LOTS of apartments — are going up simultaneously in metro Denver’s southeast market, a group of busy developers told a standing-room-only crowd Tuesday.

“We all have to work together to make it work for everyone,” Walter A. “Buz” Koelbel Jr., president of Koelbel and Co., told the crowd at NAIOP Colorado’s “Southeast Market Update” program at the Denver Marriott City Center.

Koelbel spoke of the collaboration between developers, government officials and taxpayers that paved the way for light rail and the “T-Rex” Interstate 25 expansion project though the area.

Now, most of the development happening in that southeast market is along that I-25 corridor, close to mass transit and enabling transit-oriented development areas.

“Denver is now a true showcase,” Koelbel said. “We have so much to celebrate, but the evolution didn’t just happen. A lot of people with a vision came together and executed that vision. … You can’t legislate or force smart growth.”

Read more: Denver Business Journal I Metro Denver’s southeast market exploding, developers say
Re-posted by: Crosbie Real Estate Group