Commercial Property Executive reports on RiNo project

Commercial Property Executive reported on a mixed-use project at 35th and Larimer streets in Denver's RiNo Art District.

Excerpt:

Working on behalf of borrower Littleton Capital Partners, HFF has secured $9.5 million in financing for the development of 35th and Larimer, less than one mile away from downtown Denver. An HFF team led by Managing Director Josh Simon and Associate Director Leon McBroom placed the three-year, floating-rate construction loan with a regional bank.

Designed by Humphries Poli Architects and developed by Littleton Capital Partners, the project is scheduled for completion in June 2016, and will feature a mix of residential and retail space on a historically industrial block. Drahota -- A Bryan Construction company serves as general contractor.

"The flourishing arts community in the RiNo district has been conscientious about acknowledging the area's industrial roots, even as it's been transitioning to a cultural center," Drahota President Terry Drahota said in a statement. "This project respects that notion and we will be offering living and working space to a growing population."

Read the rest here.