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Northstar Commercial Partners Acquires Former Aurora Medical Pavilion

16 Apr 2014, 5:03 pm

By Gabriel Circiog, Associate Editor

Northstar Commercial Partners recently announced the acquisition of a four-story building, formerly known as the Aurora Medical Pavilion.

Located at 830 North Potomac Circle, the 113,568-square-foot building sits on 5.34 acres with interstate frontage on I-225 between 6th Avenue and Colfax Avenue. Northstar Commercial Partners plans to revamp the property for medical office use or to convert it to a patient/family housing facility dedicated to those people receiving medical care at nearby facilities.

“Aurora is a major center of medical services for our state, region and country,” says Brian Watson, founder and president of Northstar Commercial Partners. ”We want to create a premier housing/care facility so that patients and families can stay in comfort while receiving world-class medical care nearby.”

According to Watson, the redeveloped facility could provide lodging for up to 200 people. The Colorado-based company is willing to develop the project and lease it to firms in the medical industry or related sectors. The major advantages of the property are the prime location, lower cost and immediate availability to serve the major medical facilities in the area.

The building was acquired for $3.4 million from NCWP – Aurora Medical Pavilion LLC by 830 Potomac LLC, an ownership entity created by Northstar Commercial Partners. Situated close to the University of Colorado Anschutz Medical Campus, the property is adjoined to the south by The Medical Center of Aurora, to the north is the Spalding Rehabilitation Hospital and the Ronald McDonald House. According to estimates from the Aurora Economic Development Council over $4 billion has been invested in new and existing medical facilities in the area.

Marriott Hotels Expands in Colorado with 215-Room Denver Marriott Westminster

11 Apr 2014, 8:39 pm

By Gabriel Circiog, Associate Editor

Etkin Johnson Real Estate Partners and White Lodging Services recently announced the opening of the full-service Denver Marriott Westminster hotel and Tiller’s Kitchen & Bar restaurant in Westminster, Colo.

The 215-room hotel broke ground in August 2012 and has become the first newly constructed, full service hotel in the Denver/Boulder corridor to open in over ten years. The six-floor Denver Marriott Westminster features 12,000 square feet of event, ballroom and meeting space and a new guestroom design.

Tiller’s Kitchen & Bar features a distinctly American menu character which celebrates the bounty of craft producers, local farms, Colorado Ranches and sustainable food sources.

“I am excited for the hotel opening and to represent the Marriott brand here in Colorado,” says Dave Kennedy, General Manager at Denver Marriott Westminster. “We are looking forward to welcoming guests and providing a quality experience for both visitors and those that live in the local community.”

Kennedy, in the past, was the general manager at the Renaissance Flatiron Hotel in Broomfield, Colo. and has joined White Lodging in 2002 as a regional director of training and recruiting. In 2003 he was promoted to general manager of the Boulder Marriott Hotel. Stasia Patience, with over 33 years of experience working for Marriott branded hotels, will join the Denver Marriott Westminster team as director of sales and marketing.

The Denver Marriott West also recently announced it has undertaken a $1 million renovation which aims to bring the beauty of its surroundings indoors. The renovation will cover all public spaces and the Copper Creek bar and restaurant, the casual American eatery undergoing a complete transformation.

Located at 1717 Denver West Boulevard, The Denver Marriott West, features 303 rooms and two suites. The hotel also features 15 meeting rooms with 10,300 square feet of flexible event space, two concierge levels, Starbucks, indoor and seasonal outdoor pools and a fitness center.

Rendering Courtesy of: www.marriott.com

KTGY Group Inc. Announces Phase III of the Vallagio at Inverness

3 Apr 2014, 6:06 pm

By Gabriel Circiog, Associate Editor

KTGY Group Inc., Architecture + Planning, recently announced that construction has started on Phase III of the Vallagio at Inverness. The transit-oriented master-planned development is located in southeast metropolitan Denver. Vallagio III, situated on the southeast corner of I-25 and Dry Creek Road, will add a total of 364 new homes to the project.

Developed by Englewood-based Metropolitan Homes Inc., Vallagio features a retail center, dedicated light rail station with a covered pedestrian bridge, open spaces and public art. Upon build-out Vallagio will include an estimated 1,000 residences.

Vallagio is situated just minutes from South Denver and Downtown, with easy access to the nearby light rail stop and I-25. Centennial Airport is less than ten minutes away and residents are close to numerous world-class resort amenities available at the Inverness Hotel, Conference Center and Golf Course.

On Lot 1 of the development, along the world-class Inverness Golf Course in The Resort Collection neighborhood, 36 for-sale single-story attached villas are under construction. Dubbed Taliesin Pointe, the lot features Ranch-style golf villas that vary in size from 2,800 to 4,700 square feet. After analyzing the previously designed footprints of Woodley Architectural Group Inc., the original architect, KTGY developed new plans for 30 of the units in order to meet the preferences of today’s buyers.

KTGY provided updates to the original design, provided by Kephart Architects, of Amberley Heights, a 96-unit luxury apartment community on Lot 2. The community features two four-story 48-unit mid-rise apartment buildings with one-, two-, and three-bedroom units averaging 1,600 square feet.

Over on Lot 3, KTGY designed Waller Commons, a 232-unit apartment community that features one- and two-bedroom units ranging in size from 800 to 1,350 square feet. The community will include a 4,500-square-foot clubhouse with a pool, fitness center, spa and community room.

“Residences at Vallagio are highlighted by classic exteriors, meticulously designed to mix seamlessly in a beautiful, park-like setting complete with landscaped gardens, public art, and a unique pedestrian orientation,” says Michael Ohara, AIA and principal at KTGY. “The homes offer low maintenance living; the lock and leave lifestyle that is desired by the diverse target market.”

Photo Courtesy of: www.vallagio.com

RingCentral Inc. Expands Denver Office

27 Mar 2014, 11:57 pm

By Gabriel Circiog, Associate Editor

San Mateo-headquartered RingCentral Inc. recently announced that the company is expanding its Denver office. The company provides cloud business communications solutions and had opened the Denver office in 2011 to increase sales, technical and customer support personnel as the company expanded nationally. Denver was chosen for its proximity to customers and access to a rich local pool of tech-savvy talent. In less than three years, the Denver office grew to over 100 employees. Over the next 12 to 18 months, RingCentral plans to nearly double its Denver area workforce.

Regional Vice President of Sales and General Manager of RingCentral’s Denver office, Dave DeMink, said in a statement: “The company is experiencing rapid growth and we are investing heavily in our most important asset, our people, as we innovate and scale. We expect the enterprise market to drive the next era in RingCentral’s success, and the Denver organization is a competitive differentiator for the company as we focus on growing local implementations and supporting our expanding up-market customer base.”

In other local news, the University of Denver recently announced that Denver philanthropists Anna and John Sie have donated $17 million to the University of Denver’s Josef Korbel School of International Studies. The donation is the largest single private gift in the 50-year history of the Josef Korbel School and will fund the construction of a 43,000-square-foot building for the school.

The new construction will adjoin the school’s existing Cherrington Hall and the Sié Chéou-Kang Center and will form the Anna and John J. Sie International Relations Complex. University Architect Mark Rodgers and architectural firm Anderson Mason Dale are collaborating on the final design and groundbreaking is scheduled to take place in late summer of 2014. The construction is planned to be completed by December 2015.

Logo Courtesy of: www.ringcentral.com

New African Cultural and Business Center, Afrikmall, Set to Open This Summer

24 Mar 2014, 5:19 am

By Gabriel Circiog, Associate Editor

An ownership entity created by Colorado-based Northstar Commercial Partners, 10180 E. Colfax LLC, has acquired a building in Aurora, Colorado and has provided a long-term lease to Afrikmall.

Afrikmall plans to create a Denver metro hub for the African community and will open its doors to Coloradans who want to experience African culture, food and entertainment.

“Our value proposition includes helping our tenants develop entrepreneurial skills and business experience through collaboration with other entrepreneurs across cultures, while enriching shoppers’ mall experience by enabling them to enjoy diverse African cultures,” says Cobina Lartson, founder and CEO of Afrikmall. ”We invite the entire African Diaspora community and shoppers looking for an African experience to shop Afrikmall for a new taste of Africa right here in Colorado.”

Located at 10180 East Colfax Avenue, within the Aurora Cultural Arts District on the Colfax corridor, the property is at the center of a three-mile radius that includes the Stapleton and Lowry developments, and the University of Colorado Anschutz Medical Campus. A groundbreaking is scheduled to take place soon, with the grand opening of Afrikmall to take place this summer.

“The Afrikmall project pursues three objectives that we found compelling,” says Brian Watson, founder and president of Northstar. “It gives a home to small businesses serving their community, it creates a unique cultural experience that will draw many thousands of visitors, and it puts into productivity a vacant building in a prime area of Aurora. We are honored to help launch Afrikmall.”

Around two dozen businesses, including a variety of retailers and restaurants, are expected to locate within the 56,281-square-foot mall. At the moment the countries of origins represented by those business owners include Ehtiopia, Ghana, Ivory Coast, Liberia, Nigeria and Senegal, with others from Congo, Gambia, Kenya and other countries expected to follow.

“Afrikmall offers a truly unique business model for African entrepreneurs,” said Aurora Mayor, Steve Hogan. “I look forward to the rich cultural diversity Afrikmall will bring to Aurora, and I wish them tremendous success.”

Logo Courtesy of: www.afrikmall.com

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