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Eight showrooms sign on to IDC Building

When The IDC Building opens early next year, it will house up to 15 of the metro area’s top home-design showrooms in 60,000 square feet at 590 Quivas St.

The showrooms will offer a variety of products and services an a range of styles from modern to contemporary and traditional to transitional. Each showroom was chosen for its unique product selection and the value they bring to trade professionals and homeowners alike.

“Gone are the days of the traditional design center model with exclusivity only to the trade and doors and walls between every showroom,” says Al Castelo, head developer of IDC. “When creating The IDC Building concept, my team and I visited major design centers around the country and discovered the demand for a more experiential retail model. We chose to build a community at IDC and create an accessible environment that encourages partners, homeowners and the trade to collaborate.”

So far, eight showrooms have signed onto to be part of The IDC Building:
  • Aztec Carpet & Rug
  • Benjamin Moore
  • Classy Closets
  • Custom Concrete Prep & Polish
  • Inspire Kitchen Design
  • Lolo Rugs & Gifts
  • T&G Flooring
  • Ultra Design Center
The functional displays will allow visitors to experience how products will look and work in their own homes.

The building was a collective effort designed by architect Hartronft Associates and developed and owned by Tri-West Companies.
 

Del Corazon apartments open in Westwood

A $40 million affordable housing project has opened in Denver’s Westwood neighborhood.

The 197-unit Del Corazon at 4400 Morrison Road is located on 4.5 acres spanning both sides of Morrison Road. All of the apartments will be available to households earning 60 percent or less of the area median income (up to $35,280 for a one-person household or up to $45,360 for a family of three.

Community amenities include a clubhouse with fitness center, lounge, kitchen, patio, playground, futsal court, community plaza and Westwood’s first-ever car-share program provided by Enterprise. The project also features a new median for safe crossing of Morrison Road.

Del Corazon, meaning “from the heart,” was developed by St. Charles Town Co. Public finance partners include the Denver Office of Economic Development, Colorado Department of Local Affairs and the Colorado Housing and Finance Authority.

Last year, Denver’s Community Planning and Development Office completed a neighborhood plan for Westwood, which is bounded by Sheridan Boulevard on the west, Federal Boulevard on the east, Alameda Avenue on the north and Mississippi Avenue on the south. The plan addresses the neighborhood’s isolation and food options, while celebrating the culture of the diverse community. The plan includes a health impact assessment from the Department of Environmental Health and addresses the neighborhood’s obesity rate, density and drainage issues and lack of recreation facilities.
 

RedPeak buys two apartment buildings in two weeks

RedPeak has acquired two Denver apartment buildings within a two-week time frame, bringing the company’s portfolio of multifamily properties to 29.

The company paid $11.5 million for the 69-unit property and adjacent parking lot at 960 Grant St. in Capitol Hill. The building was built in 1937 and consists of studios and one-bedroom units.

It paid Coughlin & Co. $14.75 million for 54 one- and two-bedroom apartments at 1375 High St. in Cheesman Park. The property was built in 1963 and renovated in 2008.

“With these two recent purchases, our current portfolio stands at 29, and we’re excited to be able to provide Denver’s growing population with quality residences in great urban locations,” says Bobby Hutchinson, RedPeak’s chief investment officer. “These are two of Denver’s finest apartment buildings, with classic brick facades and provide us with the opportunity to make renovations where needed and upgrade them even more with the RedPeak brand.”

RedPeak, which is actively pursuing acquisitions throughout Denver, is a full-service apartment owner, operator and developer with a portfolio of more than 2,300 units.

Family Jones distillery opens in LoHi

The Family Jones Spirit House has opened in Denver’s Lower Highland neighborhood.

The distillery at 3245 Osage St. is the result of a partnership between distiller Rob Masters and entrepreneurs Jack Pottle, Denielle Nadeau and Paul Tamburello, the developer behind the Olinger complex and Little Man Ice Cream. Justin Cucci, chef and owner of Root Down, Linger, Ophelia’s Electric Soapbox, Vital Root and El Five is also part of the team.

Located in a 2,000-square-foot space at 3245 Osage St., The Family Jones Distillery occupies the former Mancinelli’s Market building two doors from Root Down. Designed and built by tres birds workshop, the space pairs industrial elements with rich wood details. The roof was lifted to add a second-floor mezzanine where distillery operations are perched above a sunken, curvilinear, concrete bar. Guests enter the space through a large, square, woodent door made from reclaimed, on-site materials.

“This project has been a dream for several years,” Tamburello says. “The sharing of spirits and the idea of libation are part of many celebrations in life — whether it be celebrating the life of a loved one, toasting to new parents or even part of a liturgical service. It’s with this respect and knowledge that we enter this venture, crafting with care a family of spirits that will help people mark life’s special moments together.”

The 17-foot copper CARL still is where the blending begins. The Family Jones creates everything from vodka to gin and rum, as well as Stop Gap Whiskey, a house blend of whiskeys collected from Masters’ friends that will only be available at The Family Jones Spirit House during the distillery’s first years while The Family Jones’ house-distilled whiskey comes of age.

“We are making things that push the boundaries of a traditional cocktail bar,” Masters says. “We are putting our own spin on it. This is a distiller’s dream — to create all sorts of crazy things in small batches. It’s a test kitchen: If it doesn’t work, we can try something new.”
 

Colorado Enterprise Fund to participate in CO Impact Days

Colorado Enterprise Fund is among the 100 social ventures seeking “impact investments” that was chosen to meet with investors at CO Impact Days Social Venture Showcase Nov. 17.

The 100 ventures will convene at the Ellie Caulkins Opera House for the second year of the “shark-tank for good” statewide marketplace for impact investing. The selected social ventures will showcase their investment opportunities to offer not only a financial return on the impact investor’s investment but also to offer solutions to some of the most pressing issues of our time.”

“We are so thrilled to again invite more than 200 investors and philanthropists to interact with these valuable social ventures,” says Dr. Stephanie Gripne, founder of the Impact Finance Center and creator of the CO Impact Days. “When these two groups of powerful movers and shakers share a room, there is no telling the good that will come. We’ve aimed to offer a diverse array of impact investments, with a goal that every investor will leave knowing that deal flow is not a Colorado impact investing problem.”

The goal of CO Impact Days is to catalyze $100 million in impact investments into Colorado social ventures in the next three years, and it is kicking off with CO Impact Days Nov. 15-17. The initiative is possible because Colorado is home to a number of national leaders in impact investing and a thriving and collaborative community of social venture entrepreneurs in both the for-profit and nonprofit sectors, as well as philanthropists and investors who are committed to growing Colorado’s economy and creating good jobs.

“Funding from these impact investors will enable us to serve more Colorado businesses, which in turn will ultimately advance economic opportunity and prosperity in our Colorado communities,” says Ceyl Prinster, president and CEO of Colorado Enterprise Fund.
 

Broker's buyer bonus: Helping to send a child to school in Uganda

Denver real estate broker Tenzin Gyaltsen is helping put Ugandan children through school one home sale at a time through a partnership with the S.O.U.L Foundation.

One child will be put through school for every home sale that’s over $300,000. It costs about $1,600 to put a child through all seven years of primary school.

“That gives them all of their school books and one meal per day,” said Gyaltsen, a broker associate with Coldwell Banker Residential Brokerage in Colorado. “It’s an added bonus to the house. It almost personifies it in a way.”

Gyaltsen, who formerly owned an eco-friendly clothing company, met representatives from S.O.U.L (Supporting Opportunities for Ugandans to Learn) at an event and fell in love with the organization. He had a desire to do something philanthropic, so he sponsored Rita Naigaga, the first of many students.

When he turned his attention to real estate he decided to expand his efforts by sponsoring a child with proceeds from every house he lists for more than $300,000.

Gyaltsen works with investors to buy houses, fix them up and resell them. When he has an upcoming listing he contacts S.O.U.L to pledge to sponsor a student, The organization then sends a child’s photo and bio, which will be framed and displayed in the house. If the new owners wish, the address of the newly sold home stays with the sponsorship, and all the letters and updates from the student are mailed to the house.

“Lack of education is one of the biggest problems in the world,” Gyaltsen said. “In this part of the world, most children don’t get an education. It’s important to equip children with knowledge so they can go out and better the world and their communities.”

Oskar Blues to open in LoDo

Oskar Blues will open its third Grill and Brew location this fall at 1630 Market St. in LoDo.

The 10,636-square-foot restaurant will serve lunch and dinner daily in the two-story structure. The traditional restaurant and bar service will be upstairs. Downstairs, the Black Buzzard music venue occupies 5,500 square feet and boasts a stage and professional sound system, grand-and-go food kiosk and full-service bar that accommodates up to 330 guests. Patrons can expect an impressive lineup of local and national bluegrass, rock, blues, reggae and folk musicians with scheduled performances.

“We’ve been working diligently over the past 20 years to evolve and perfect our concept, and now we’re ready to bring the Grill and Brew’s signature blend of Southern-inspired Creole and Cajun dishes and entertainment to Denver,” says Jason Rogers, Oskar Blues Grill and Brew's restaurant director and partner. “It mirrors the Lyons and Colorado Springs locations, while adding a signature Denver flair. We want to deliver something special that LoDo could call its own.”

The grand opening of the restaurant and music venue is slated for late November.

Founded and headquartered in Lyons, the Oskar Blues Fooderies division is a brand of the Oskar Blues Brewery.

Zeppelin Station gets Korean food vendor

Chef Bill Espiricueta’s injoi Korean Kitchen is the latest concept to join Zeppelin Station’s market hall opening in December in Denver’s RiNo neighborhood.

The restaurant will feature a mix of Asian cuisine and regional favorites from the American south. Menu items will include Korean fried chicken with gluten-free options and multiple sauce choices, bibimbap with house-made kimchi and bulgogi with Korean barbecued brisket.

“I’ve been playing with the flavors of Korean fried chicken for the past year, and the timing was ideal with Zeppelin Station filling up so quickly,” Espiricueta says. “Injoi (pronounced enjoy) falls perfectly in line with my background preparing smoked meats. The menu will offer a fun take on popular Korean dishes with creative spice profiles. Basically, it’s the food I want to eat."

Diners who want a sneak preview of what’s to come at Zeppelin Station can join Chef Espiricueta and an injoi menu preview at the RiNo Yacht Club in The Source on Nov. 16, 17 and 18 from 5 p.m. until it sells out.

Espiricueta was born in Austin, Texas, and learned about regional styles of cooking early on at Kansas City’s progressive Bluestem Restaurant. Later, he worked for Nobu Matsuhisa at Nobu in Dallas’ Crescent Hotel. He made his way to Boulder where he was drawn to the casual atmosphere and heavy focus on locally sourced food at Oak at Fourteenth. He recently announced the opening of his first restaurant, Sm?k BBQ at The Source Hotel, slated to start serving in early 2018.

The Bindery opens in LoHi

Chef Linda Hampsten Fox has opened The Bindery, a culinary concept modeled after European marketplaces where diners can shop for handcrafted products, grab a gourmet lunch to go or enjoy a chic fine dining experience all in one space.

Located in the recently opened Centric LoHi apartment complex in Denver’s Lower Highland neighborhood, The Bindery will offer options for breakfast lunch and dinner, seven days a week, as well as catering services.

“The Bindery is a culmination of everything I’ve done and provides the perfect platform to share my passion for the craft of cooking sustainable, local food rooted in my personal history and heritage,” says Hampsten Fox.

Hampsten Fox searched for years for a space large enough to accommodate the multifaceted experience. At just over 4,000 square feet, The Bindery welcomes visitors with a mix of modern style and old-world charm.

The marketplace, which surrounds the bakery/cafe, will offer a mix of seasonal products made in-house, including house Bindery Sriracha (referred to as Bindaracha), smoked maple syrup, cardamom pear butter and habanero tomato jam.

“Our customers lead busy lives, and they want options: to stay or go, be casual or be served, to snack or feast,” Hampsten Fox says. “Our goal is to provide them with convenient, high-quality choices.”

The main dining room focuses on meats and recipes borrowed from her Polish-Czech heritage, as well as the many years she spent cooking in Italy. The menu has a blend of shared plates, salads, homemade pastas and hearty main dishes.

“We hope to serve as a neighborhood hub where fresh food, bold flavors and exceptional service are our hallmarks,” Hampsten Fox says.

Business loan program for veterans created

The Colorado Enterprise Fund has created a program for Colorado veterans and Gold Star family members who are interested in starting or growing a small business in the state.

Veteran Access Loan Opportunity Resource (VALOR) will provide discounted loan rates and extended terms for military veterans who are unable to secure financing through traditional banks.

Any honorable discharged U.S. military veteran or Gold Star family member who is a Colorado resident is eligible to apply for a VALOR loan of up to $500,000. Recipients will receive a 2 percent discount from standard Colorado Enterprise Fund rates and an origination fee of 1.5 percent. The loan term would be for up to 10 years with an interest-only period of up to six months.

The loans can be used for working capital, equipment, inventory, property improvements, business purchases and commercial real estate.

For more information, contact Senior Loan Office Mike Jensen, a U.S. Army veteran, at (720) 473-4068 or at mike@coloradoenterprisefund.org.

Founded in 1976, the Colorado Enterprise Fund is a non-profit lending institution that specializes in loans for small businesses and startups statewide that are unable to secure traditional bank financing. To date, the organization has has made more than 2,000 loans totaling $63 million to small businesses.

The Confluence apartments open in new Denver high-rise

The Confluence, a 35-story apartment building in the Central Platte Valley, has officially opened.

It’s the first venture into the Denver market for developers PMRG and National Real Estate Advisors.

“We’re very excited to contribute to the positive growth taking place in this vibrant city,” says Bryant Nail, PMRG’s executive vice president of multi-family development. “We have an outstanding track record with similar properties in other parts of the country, and we’re pleased to make The Confluence one of our most recent additions to our portfolio.”

Designed by GDA Architects, the building’s amenities include a heated outdoor pool and hot tub on a large deck overlooking Confluence Park; cabanas with individual fire pits; master grilling stations; skyline lounges with NanaWall Systems; a professional chef’s kitchen and catering facility; a fitness center; gated, underground parking; a maintenance center for bikes and skis; direct access to Confluence Park; ground-floor retail; and a 24-hour front desk attendant.

All apartments have blackout shades; hand-scraped hardwood floors; gourmet kitchens with granite countertops and full-height backsplashes; designer porcelain tile in spa-style baths; walk-in closets; private terraces; and a washer and dryer in each unit. Some apartments have adjustable bookshelves and direct elevator access.

“The Confluence is in keeping with National’s investment strategy to develop build-to-core projects in America’s most dynamic urban locations, providing vanguard amenities and distinctive design for our tenants,” says Jeffrey Kanne, National’s president and CEO.
 

The Bindery opens in LoHi

Chef Linda Hampsten Fox has opened The Bindery, a culinary concept modeled after European marketplaces where diners can shop for handcrafted products, grab a gourmet lunch to go or enjoy a chic fine dining experience all in one space.

Located in the recently opened Centric LoHi apartment complex in Denver’s Lower Highland neighborhood, The Bindery will offer options for breakfast lunch and dinner, seven days a week, as well as catering services.

“The Bindery is a culmination of everything I’ve done and provides the perfect platform to share my passion for the craft of cooking sustainable, local food rooted in my personal history and heritage,” says Hampsten Fox.

Hampsten Fox searched for years for a space large enough to accommodate the multifaceted experience. At just over 4,000 square feet, The Bindery welcomes visitors with a mix of modern style and old-world charm.

The marketplace, which surrounds the bakery/cafe, will offer a mix of seasonal products made in-house, including house Bindery Sriracha (referred to as Bindaracha), smoked maple syrup, cardamom pear butter and habanero tomato jam.

“Our customers lead busy lives, and they want options: to stay or go, be casual or be served, to snack or feast,” Hampsten Fox says. “Our goal is to provide them with convenient, high-quality choices.”

The main dining room focuses on meats and recipes borrowed from her Polish-Czech heritage, as well as the many years she spent cooking in Italy. The menu has a blend of shared plates, salads, homemade pastas and hearty main dishes.

“We hope to serve as a neighborhood hub where fresh food, bold flavors and exceptional service are our hallmarks,” Hampsten Fox says.

The Confluence apartments open in new Denver high-rise

The Confluence, a 35-story apartment building in the Central Platte Valley, has officially opened.

It’s the first venture into the Denver market for developers PMRG and National Real Estate Advisors.

“We’re very excited to contribute to the positive growth taking place in this vibrant city,” says Bryant Nail, PMRG’s executive vice president of multi-family development. “We have an outstanding track record with similar properties in other parts of the country, and we’re pleased to make The Confluence one of our most recent additions to our portfolio.”

Designed by GDA Architects, the building’s amenities include a heated outdoor pool and hot tub on a large deck overlooking Confluence Park; cabanas with individual fire pits; master grilling stations; skyline lounges with NanaWall Systems; a professional chef’s kitchen and catering facility; a fitness center; gated, underground parking; a maintenance center for bikes and skis; direct access to Confluence Park; ground-floor retail; and a 24-hour front desk attendant.

All apartments have blackout shades; hand-scraped hardwood floors; gourmet kitchens with granite countertops and full-height backsplashes; designer porcelain tile in spa-style baths; walk-in closets; private terraces; and a washer and dryer in each unit. Some apartments have adjustable bookshelves and direct elevator access.

“The Confluence is in keeping with National’s investment strategy to develop build-to-core projects in America’s most dynamic urban locations, providing vanguard amenities and distinctive design for our tenants,” says Jeffrey Kanne, National’s president and CEO.
 

Cloth + Gold pitches a new niche in entertaining

A new Denver company promises to take the hassle out of entertaining.

Cloth + Gold is an online one-stop shop for dinner party essentials. The company will deliver all the ingredients for expertly set table directly to your door and retrieve them when the party’s over — no dishwashing required.

“Far too often, we get caught up in daily living and our online lives that we forget to actually live in the moment and make memories with those we care about,” says Bridget Rogers, the company’s founder. “I’ve had some of the best nights of my life at dinner parties — totally unplugged — and want to make it as easy as possible for others to share meaningful experiences with great friends, family, food and drinks in the comfort of their own homes.”

Each Cloth + Gold table is expertly planned and delivered straight to the host’s door. The company offers six styles of tables, with frequent additions based on new trends and seasonal occasions. Each table includes complete place settings, including charger, dinner and salad plates; wine glasses; flatware; and cloth napkins. A runner and centerpiece accessories also are provided. Hosts can purchase in increments of four for up to 40 guests.

Pricing ranges from $17 to $24 per place setting and is all-inclusive with delivery, cleaning and pickup. Tablescapes have a three-day rental period and can be ordered with at least seven days’ notice.

Cloth + Gold also provides a recommended playlist; suggested menu, including recipes; entertaining tips; example photos; and a timeline to ensure everything runs as smoothly as possible. Hosts can purchase additional party supplies such as candles, cake toppers and cocktail services from Cloth + Gold’s online shop.

“Our goal is to regain the elegance and excitement of the social gathering without the hassle, Rogers says. “We want to create beautiful, celebratory experiences, where people are inspired to put down their phones, pick up their forks and truly connect.”
 

Tiny homes village for homeless receives final donation

Denver’s first tiny home village has received the final donation it needs to close out funding for the project, which has been designed as an alternative solution to the problem of homelessness.

LivWell Cares, the philanthropic and community engagement arm of one of the country’s leading cannabis companies, provided $10,000 toward Beloved Community Village. The project is being developed by the Colorado Village Collaborative, a community organization founded by members of Denver Homeless Out Loud, The Interfaith Alliance of Colorado, Beloved Community Mennonite Church and residents of the Beloved Community Village.

“We are extremely grateful to LivWell Cares for stepping up to give us the finances to complete this much-needed project,” says Cole Chandler, organizer for Colorado Village Collaborative. “We need a solution to homelessness beyond shelters, emergency rooms and jails, and thanks to LivWell Cares, our Beloved Community Village residents can now take back their lives and their dignity.”

Designed to help address the twin crises of homelessness and an extreme housing shortage, Beloved Community Village includes 11 8-foot by 12-foot shelters, as well as a communal kitchen, bathroom and shower facilities on land leased from the Urban Land Conservancy at 38th and Walnut streets. In July, 14 previously homeless residents moved into the new village, where they have been able to rediscover talents, renew their purpose and restore their dignity.

“When I was told about this development, I immediately recognized its potential to help address a serious issue facing our communities,” says Michael Lord, LivWell Enlightened Health’s director of business development and founder of LivWell Cares. “LivWell Cares could not be prouder to be involved in such a worthy project.”
 
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