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Evergreen Devco Sells 310 Units in Denver for $142M

The investor sold Outlook Clear Creek Apartments in Wheat Ridge, Colorado to Seagate Colorado Partners. By Kelsi Maree Borland | December 16, 2021 at 06:33 AM Evergreen DevCo has sold the Outlook Clear Creek Apartments in Wheat Ridge, Colorado to Seagate Colorado Partners for $142 million. Located at 4040 Clear Creek Drive, the 310-unit new construction property was [...]

By |2022-01-20T15:36:49-07:00January 20th, 2022|Colorado, News|Comments Off on Evergreen Devco Sells 310 Units in Denver for $142M

Transformation of former Sears building at Chapel Hills Mall begins

By Rich Laden | rich.laden@gazette.com | Updated Dec 23, 2021 Evergreen Devco, a real estate development company with offices in Denver, Phoenix, Salt Lake City, and Los Angeles, is tearing down the former Sears department store at the Chapel Hills Mall, northeast of Academy and Briargate boulevards in northern Colorado Springs. Evergreen Devco, which has [...]

By |2022-01-20T15:45:36-07:00December 23rd, 2021|Colorado, News|Comments Off on Transformation of former Sears building at Chapel Hills Mall begins

Evergreen Devco breaks ground on 258-unit multifamily project in Tolleson

REAL ESTATE | 12:06 pm | AZRE Evergreen Devco, Inc., a leading retail and multifamily development company announced today that it has broken ground for the development of a 258-unit, multi-family community located at 89th Ave. and McDowell Rd. in Tolleson. The 9.48-acre project, located at 8827 W. McDowell Rd., will add a residential component to [...]

By |2021-10-21T16:21:13-07:00October 21st, 2021|Uncategorized|Comments Off on Evergreen Devco breaks ground on 258-unit multifamily project in Tolleson

Surprising use for Kmart shell OK’d

Jeff Benziger Managing editor Published: Oct 20, 2021, 10:43 AM A proposal to turn the former Kmart building into a Public Storage self-storage facility while filling the remaining property for a Raising Cane’s Chicken Fingers, Dutch Bros Coffee shop, and Quik Stop convenience store and gas station, was approved by the Ceres Planning Commission on [...]

By |2021-10-21T16:23:00-07:00October 20th, 2021|Uncategorized|Comments Off on Surprising use for Kmart shell OK’d

King Soopers planned for Erie’s Nine Mile Corner

ERIE, CO - The Nine Mile Corner mixed-use development could be getting a 100,000-square-foot King Soopers grocery store, according to planning documents submitted to the town. The store, along with a 120,000-square-foot Lowe’s Home Improvement, will be a major retail anchor for the 45-acre project located at the southeast corner... Continue reading

By |2021-10-21T16:24:50-07:00August 12th, 2021|Colorado, News|Comments Off on King Soopers planned for Erie’s Nine Mile Corner

IPA Arranges Sale of Parc Roundtree Ranch Apartments in Metro Phoenix for $88.8M

PEORIA, ARIZ. — Institutional Property Advisors has arranged the sale of Parc Roundtree Ranch, a 275-unit apartment property in Peoria, approximately 13 miles north of Phoenix. The property sold for $88.8 million, or $322,909 per unit. Gebing and Cliff David of IPA represented the seller, Evergreen Devco Inc., and procured the buyer, Bridge Investment Group... [...]

By |2021-10-21T16:26:42-07:00July 23rd, 2021|Arizona, News|Comments Off on IPA Arranges Sale of Parc Roundtree Ranch Apartments in Metro Phoenix for $88.8M

Evergreen Devco acquires vacant Sears building for 300-unit multifamily development

COLORADO SPRINGS, CO - Evergreen Devco Inc., a retail and multifamily development company, announced in a news release that it has completed a $5.7 million purchase of the Sears store property at the Chapel Hills Mall, located on the northeast corner of Academy and Briargate boulevards... Continue reading

By |2021-10-21T16:28:45-07:00July 13th, 2021|Colorado, News|Comments Off on Evergreen Devco acquires vacant Sears building for 300-unit multifamily development

Starbucks drive-thru planned for vacant lot at Alameda and Santa Fe

DENVER, CO - A lot along Alameda Avenue that’s been undeveloped for at least a decade may soon be home to a Starbucks drive-thru. Arizona-based Evergreen Devco submitted a site development plan to the city proposing the coffee shop building at 919 W. Alameda Ave. in Denver, on a strip of land between Santa Fe [...]

By |2021-10-21T16:31:50-07:00July 11th, 2021|Colorado, News|Comments Off on Starbucks drive-thru planned for vacant lot at Alameda and Santa Fe

Slim Chickens expanding to fast-growing area outside Colorado Springs

COLORADO SPRINGS, CO - Slim Chickens is the latest chicken chain to spread its wings in the Pikes Peak region. The Arkansas-based, fast-casual chain's second area location is planned for the 36-acre Falcon Marketplace shopping center, which is under construction northwest of Woodmen and Meridian roads in Falcon, an unincorporated El Paso County area northeast [...]

By |2021-10-21T16:29:40-07:00July 9th, 2021|Colorado, News|Comments Off on Slim Chickens expanding to fast-growing area outside Colorado Springs

Denver developer buys Greeley Steak ‘n Shake building

By CHRISTOPHER WOOD | July 3, 2021 at 11:17 a.m. Evergreen Devco Inc., a Denver-based retail and multifamily development company, has purchased the former Steak ‘n Shake restaurant at 4214 Centerplace Drive in Greeley. The property, located along U.S. 34 near 47th Avenue, has been vacant since the restaurant closed at the end of January. Evergreen purchased [...]

By |2022-01-20T15:58:36-07:00July 3rd, 2021|Uncategorized|Comments Off on Denver developer buys Greeley Steak ‘n Shake building
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