After 11 years of operating in a renovated and expanded YMCA building, the Rock of Southwest Church (now Rock Community Church) had reached maximum capacity of 1,200 weekly attenders. The main worship auditorium (former gymnasium) could only accommodate 390 seats and a second venue in the expanded area, comprising 250 seats, never allowed overall attendance to significantly grow as they had hoped… Read More.
Mission Hills Church’s existing facilities located at University & Orchard (Greenwood Village) could not be expanded to accommodate new growth. The client needed to acquire a new land site, develop a new church campus and sell its existing property to fund its future expansion. Read More.
The Harbor Light facility in downtown Denver was remodeled and an additional 120 bedrooms were constructed all while keeping the existing facility operating. Developco helped sourced a $13.2 million loan and led all of the pre-construction and construction activities Read More.
ESMRC hired Developco to evaluate expansion options and to guide them through the development of an additional 68 senior living apartments on their existing campus. Developco helped ESMRC understand their target client, likely market rents, likely total project costs and then sourced a loan for this $15.8 million project. Read More.
The Client, the Colorado Association of School Boards, needed a stand-alone office building that it could own and be located close to the State Capital. Development Advisors worked with the client to acquire land and develop a ground-up office building with above standard interior finishes and meeting space for its association members benefit. Read More.
Sooper Credit Union desired to create a new retail credit union facility on land that it owned to serve area customers, but also to create a prototype for planned expansion to other locations. Read More.
Crossroads Community Church needed to obtain a larger worship facility because of continuing membership growth. Development was challenged to make a small renovation budget stretch by acquiring an existing building to renovate. Developco was able to obtain a higher than normal loan amount to carry the existing church property until it could be sold. Read More.
A multi-generational Denver family has owned an industrial site where they operated a battery service and distribution business for 60 years. They desire to convert their industrial property into a higher and better use to increase the asset’s net operating income. Read More.
The Client needed a strategic plan to develop new luxury homes in a newly created private golf course residential community having no underlying design themes or guidelines. Neither the Client nor the overall community developer had previous residential development experience. Developco joined the project to completely envision and plan… Read More.
Stapelton Fellowship Church had reached its maximum growth capacity at a interim school facility owned by Denver School of Science and Technology in Stapleton. With $4.9 million cash resources available (sale of previous property), SFC needed to procure it’s own facility to solidify future growth and its position in the burgeoning community of Stapleton. Read More.
Meadows Crossing hired Development Advisors to investigate the viability of developing a new speculative office building and restaurant that would be profitable to Client and to retain a professional who could orchestrate the start-to-finish development. A key goal was to find wise opportunities to invest money in commercial real estate in the growing Castle Rock area. Read More.
Morningstar in Lakewood, CO hired Development Advisors to determine the development possibilities for a 5.77 acre site that was zoned office. The challenge was to sell the property for the highest possible selling price. In the development phase, Developco oversaw finance, design, and construction for an Assisted Living and Memory Care Community. Read More.
Heartland Bank, desired to establish a Regional Bank Office in a high image location either Lower Downtown or Cherry Creek. They needed a real estate expert to identify opportunities and to evaluate buildings and vacant land alternatives and to investigate every possible Cherry Creek property that could accommodate a new ground up office building development. Read More.
Living Way Fellowship, needed to reevaluate a site contracted for and approved for purchase by their congregation within 30 days following retaining Development Advisors. Following the evaluations the Client needed to find a new site and manage the development and relocation process from start to finish. Read More.
Navidec, needed to expand from 13,000 square feet to 70,000 square feet within a 3-month timeframe. In additions, Navidec sought to lease Class-A space to attract quality hi-tech personnel, minimize IT/Facilities Group workload, and stay within the approved budget. Read More.
The Client, McBroom Company, needed its interests represented in a large $24 million multi-family development project with multiple partners including the land owner and general contractor. Time and inflation had virtually destroyed the ability to obtain financing/construct the project. Development Advisors stepped in to revitalize the project and meet a strict timeline… Read More.
Development Advisors was invited to procure successful retail development sites for Client (AAA restaurant sites), who is a new Del Taco franchisee and assist with orchestration of the development process for each new restaurant. Read More.
The Client, The McBroom Company, needed a senior development manager to represent its interests in the development of a Class-A, 80,000 square foot office and retail facility in downtown Golden that included a shared ownership of a 311-stall structured parking garage. Read More.
The Client, SunBorne Companies, needed to complete setting-up the business park’s governing documents; needed a strategy to lease a new 60,000 square foot office building; and needed to market available land for long-term ground lease. Read More.
Sonlight Curriculum, needed to build a new headquarters building since they had outgrown their leased office-warehouse space. Development Advisors provided outside expertise to manage the entire development process from start to finish and to procure flexible financing alternatives with minimal debt to accommodate their cyclical capital needs. Read More.