Alameda View Apartments (F/K/A “High Line Canal Apartments”) Project Address: 15510 E
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Denver Market Report – Retail Q3 2020
RETAIL MARKET REPORT Q3 2020 Denver, CO OUR NETWORK IS YOUR EDGE. PREPARED BY: All information is from sources deemed reliable and is subject to errors,omissions, change of price, rental, prior sale, and withdrawal without notice. Prospect should Brandon Langiewicz carefully verify each item of information contained herein. Partner Hoff & Leigh | 2700 S Broadway #307 | Denver, CO 80113 | 720.572.5187 office www.hoffleigh.com/denver DenverDenver Retail Retail RETAIL MARKET REPORT Market Key Statistics 2 Leasing 4 Rent 9 Construction 11 Under Construction Properties 13 Sales 15 Sales Past 12 Months 17 Economy 19 Market Submarkets 22 Supply & Demand Trends 25 Rent & Vacancy 29 Sale Trends 33 10/12/2020 Copyrighted report licensed to Hoff & Leigh, Inc. - 689708 OVERVIEWOverview DenverDenver Retail Retail 12 Mo Deliveries in SF 12 Mo Net Absorption in SF Vacancy Rate 12 Mo Rent Growth 1.1 M (939 K) 5.3% 0.6% Denver has reclaimed about half of the jobs lost during even with the growing market share of e-commerce and April shutdowns, according to June data from the Bureau evolving consumer patterns. Store closures largely of Labor Statistics. The nonfarm unemployment rate contributed to absorption turning negative last year, compressed below 10%, outperforming the national including another Safeway shuttering, but well-located average. At the start of 2020, Denver's unemployment assets continued to perform well. rate was below 3%, making it one of the tightest job markets in the country. Trade area demographics were buttressing strong consumer demand as the metro has experienced robust Leisure and hospitality still weighed on the labor market growth in population, employment, and buying power this as employment in the sector was down 20% from the cycle. -
ACC-Webdir2015
100% The Chamber Networking Government Affairs Defense Healthcare Education Transportation Leadership Aurora THE CHAMBER A U R O R A • C O L O R A D O 2015 Aurora Business Communications Directory Community First, Centennial Business Always Arapahoe County Women in Business Biz Partners Adams County Energy Chamber Web Foundation Arts Young Professionals Now Open Zerry’s Clothier & Rentals Southlands Mall, 6290 S. Main St. Suite 102, Aurora, CO Zerry’s Clothier & Rentals is now open, supported by an Ecommerce site, www.zerrys.com, with 3D Scanning to provide the exceptional fi t with elegant clothing selections for ‘made to measure’ and Bespoke tailoring. We will provide a unique opportunity for customers to select fi ne luxury materials and creatively design garments that will suit the customer’s personal taste and desires. Let us help you care for your garments by providing you with a pick up and drop cleaning service for your clothing. Zerry’s provides a keen eye to details and services to ensure a great clothing experience. Zerry’s guarantees a customer service odyssey while serving you tea and gourmet coffee in the store, supported by a web site ensuring a seamless experience. With a mix of private label and brand goods in dresses, suits, and tuxedos, we will even help with your travel needs providing you the opportunity to support your destination wedding, vacation or business trips with clothing sent to your hotel in your room waiting for you, all from Zerry’s Travel services. Zerry’s will focus on using world-class service, a pleasant atmosphere, and the latest technologies in business. -
Colorado Private Activity Bond LIHTC Application Narrative
Project Name: Alameda View Apartments (f/k/a “High Line Canal Apartments”) Project Address: 15510 E. Alameda Parkway, Aurora, CO 80017 Project Description: Gardner Capital Development Colorado, LLC along with its development team is excited to present this 4% LIHTC and State LIHTC funding application to CHFA for Alameda View Apartments located in the Centretech neighborhood in southeast Aurora—an area that has not had an LIHTC development since 2007. This community will consist of a two “linked” new four-story, elevator-served buildings containing 116 one, two and three bedroom units for families earning a mix of 30%, 50%, and 60% of the AMI. The slab-on-grade double-loaded building design includes attractive brick veneer and fiber cement siding with private balconies offering views of either the Front Range to the west or the DeLaney Community Farm open space to the east. In addition to very strong support from DeLaney (an affiliate of Denver Urban Gardens), we are formalizing a partnership for them to expand their programming for Alameda View Apartment residents and the larger community. Delaney’s mission is to “provide access to healthy, locally produced food for people of all economic levels through community food security programs.” We have allocated approximately 500 square feet of flex space on site that will be used as programming space for community presentations, agricultural demonstrations, healthy eating classes, and children’s gardening. This partnership will greatly benefit both the development and DeLaney Community Farms as their office is located in downtown Aurora, while the actual farm is adjacent to the site. -
Celebrate El Salvador in Aurora Messagefrom the Editors
AURORA August | September 2018 CArtsR & HistoryE AWorthT DiscoveringES AURORA’S SUMMER ARTS SCENE: Something for Everyone! Internationally renowned drummer, Paa Kow, to perform with his Afro- Fusion orchestra July 22. Celebrate El Salvador in Aurora MESSAGEfrom the Editors Aurora is now a majority-minority community, where people identifying with a racial or ethnic minority group make up a majority of the population. And a fifth of Aurora’s residents are foreign-born. According to Brown University, Aurora is the ninth most diverse city at the neighborhood level and the 10th most integrated community among the 100 most FALL INTO populous cities in the U.S. The city’s Cultural Services Division AUTUMN has an important role to play in welcoming and respecting Aurora’s diverse residents because it is through the arts that we can broaden and deepen our understanding of and CELEBRATING appreciation for the diversity of cultures that make this city so unique and special. The Aurora History SALVADORANS Museum has been a great contributor to this effort through its ongoing The Aurora History Museum, in “A Mosaic of Cultures: Aurora’s series of exhibits that tell the story of partnership with Aurora Sister Salvadoran Community” runs through Aurora’s transformation from a one- Cities, is celebrating the third-largest Nov. 4 and includes complementary horse town (thank you, Patches) to foreign-born community in Aurora, programs such as the Sept. 19 Brown one of the country’s most diverse and Salvadorans, with an exhibition that Bag Lecture: Salvadoreños Residiendo welcoming large cities. honors this community and educates en Colorado (Salvadorans living those who are not that familiar with it, in Colorado), where attendees will This issue’s cover story features Tin a fun and interesting way including have another opportunity to learn images from one of the museum’s images, videos and items on display.