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Transformation of former Sears building at Chapel Hills Mall begins

By Rich Laden | rich.laden@gazette.com 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 several commercial projects in various [...]

By |2022-12-13T21:24:21-07:00December 23rd, 2021|Colorado, News|Comments Off on Transformation of former Sears building at Chapel Hills Mall begins

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 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 completed this year. The new [...]

By |2022-12-13T21:24:09-07:00December 16th, 2021|Colorado, News|Comments Off on Evergreen Devco Sells 310 Units in Denver for $142M

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

REAL ESTATE | 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 the larger Plaza [...]

By |2022-12-13T21:26:07-07:00October 21st, 2021|Arizona, News|Comments Off on Evergreen Devco breaks ground on 258-unit multifamily project in Tolleson

Surprising use for Kmart shell OK’d

Jeff Benziger | The Ceres Courier 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 Monday evening. Newly installed [...]

By |2022-12-13T21:28:49-07:00October 20th, 2021|California, News|Comments Off on Surprising use for Kmart shell OK’d

King Soopers planned for Erie’s Nine Mile Corner

Tommy Wood | Daily Camera 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... [...]

By |2022-12-13T21:23:37-07:00August 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

by Julia Sanders | rebusinessonline.com 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 [...]

By |2022-12-13T21:23:27-07:00July 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 |2022-12-13T21:23:14-07:00July 13th, 2021|Colorado, News|Comments Off on Evergreen Devco acquires vacant Sears building for 300-unit multifamily development

Denver developer buys Greeley Steak ‘n Shake building

By CHRISTOPHER WOOD 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 0.993 acres from Johnson Investments Inc., [...]

By |2022-12-13T21:30:16-07:00July 3rd, 2021|Colorado, News|Comments Off on Denver developer buys Greeley Steak ‘n Shake building

Aspen Dental to move into Steak ‘n Shake location in Greeley

GREELEY, CO - Aspen Dental, a network with 900 offices in 43 states, will move into the former Steak ‘n Shake location on Center Place Drive along U.S. 34 in Greeley. Evergreen Devco, Inc, a leading retail and multifamily development company, announced in … Continue reading

By |2022-12-13T21:22:50-07:00June 29th, 2021|Colorado, News|Comments Off on Aspen Dental to move into Steak ‘n Shake location in Greeley

Evergreen Devco Sells Multi-Tenant Retail Building at Shops at Beeler Park in Denver

DENVER — Evergreen Devco has completed the disposition of a multi-tenant retail building located at the northeast corner of 56th Avenue and Central Park Boulevard in northeast Denver. 5565 N Beeler LLC acquired the building, which is located within The Shops at Beeler Park. The acquisition price was not released. Situated on …Continue reading

By |2022-12-13T21:22:40-07:00June 22nd, 2021|Colorado, News|Comments Off on Evergreen Devco Sells Multi-Tenant Retail Building at Shops at Beeler Park in Denver
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