Apartment Trends Magazine August 2018 | Page 31

Richard Wobbekind
Colorado Blvd and 9th Ave( former home of CU hospital campus)
Greystar has developed 325 market rate apartments on four acres. 37 acres are undertaken by Continuum Partners with the plan to develop 258,000 sq ft of retail space, 44 town homes, 850 + multifamily units, 100 affordable units and 112,000 sq ft of office space. Building a hotel is also being considered.
Broadway and I-25( former Gates Rubber Site)
Huggins explained that two potential projects are planned for this site: RTD’ s intention is to redevelop the property around Broadway Station and Broadway Station Partners is planning to build 2,600 residential rental units, 900,000 sq ft office space, 109,000 sq ft retail space, parks and open space. Huggins mentioned that this particular site is very challenging with Broadway on the east, Santa Fe on the west, I-25 on the north and the light rail right through it.
River Mile / Mile High Station
According to Huggins, the Stadium District is looking for a new way to bring in revenue for the stadium and is contemplating redeveloping the parking lot at the south side of the stadium. The city has put together a neighborhood plan that would allow the stadium district, under a long-term lease structure, to lease the lots for private development to: 1,600,000 sq ft residential area, 900,000 sq ft office space, 250,000 sq ft commercial / retail space, 400,000 hospitality area and 75,000 entertainment area. This would ultimately extend downtown across I-25.
Tracy Huggins
Industry Trends Panel
Teo Nicolais interviewed Tom Barta, COO at Griffis Residential, and Bryan Stern, Principal at Echelon Property Group about ongoing industry trends. The panel discussed how their focus on a dynamic talent pool is directed more than ever on employee engagement with personalized onboarding, mentorship programs and extensive training. The companies are also getting more involved into corporate social responsibility programs to be more attractive, especially to millennials. They reflected on the changes technology had undergone in the last five years and how they are now utilizing technology for the vast majority of leases, renewals and payments to free up time for more value-added activities for their employees.
Jenny Jacobs, Standard Interiors Andrea Ackerman, BluSky www. aamdhq. org AUGUST 2018 TRENDS | 29