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Lafayette to introduce affordable housing fee on new ‘non-residential’ development

Fee is proposed for $1 per square foot; officials also recently bumped residential rate Lafayette’s City Council on Tuesday will introduce a fee on new “non-residential” development aimed at funneling money toward the city’s affordable housing projects, less than a month after city officials approved a bump on the affordable housing rate already placed on […]

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Arizona Projects 06-14-19 Evergreen Devco Inc. announced it has recently begun construction for its development of the 36KSF Point @ Eastmark, located at Signal Butte Rd and Warner Rd in Mesa. The project is expected to be completed in November 2019. 

Evergreen Devco breaks ground on shopping center in Eastmark

Evergreen Devco Inc., a national retail and multi-family development company, has begun construction for its development of a shopping center in Eastmark, a master-planned community in Mesa. The neighborhood shopping center, The Point at Eastmark, is to be anchored by Safeway. It will consist of 36,000 square feet of assorted shops and retail pads, which […]

Mixed-Use Development Gaining Momentum in Wheat Ridge

Development plans are well underway at Clear Creek Crossing, a 110-acre, mixed-use development southwest of Interstate 70 and Highway 58 in Wheat Ridge, Colorado, owned by Evergreen Devco, Inc. , a leading national retail and multifamily development company.  To date, Kum & Go and Evergreen Multifamily have submitted Specific Development … Continue reading

Development in the works at Mineral and Santa Fe

Plans moving ahead for shops, hundreds of homes, apartments on Ensor property David Gilbertdgilbert@coloradocommunitymedia.com Plans to build hundreds of homes, apartments and shops on vacant land near Mineral Avenue and Santa Fe Drive are moving ahead, adding pressure on city officials to address congestion at the notoriously clogged intersection. Evergreen Devco, a Denver-based developer, hopes […]

Lafayette leaders, Erie urban renewal authority set to approve new peace deal

Revamped agreement will settle Nine Mile litigation, split revenues between communities’ planned developments Lafayette’s City Council and Erie’s urban renewal authority on Tuesday are primed to approve their respective portions of the revived Nine Mile Corner intergovernmental agreement, a sweeping peace deal meant to settle any lingering litigation surrounding the communities’ three-year legal spat and […]

2 Phoenix-Area Developments Secure $54M Financing

PCCP LLC provided the two senior loans that will be used to construct IDM Estrella Parkway in Goodyear, and IDM Cooley Station in Gilbert, Ariz.  IDM Cos. has secured $54.2 million for the development of two new multifamily communities in the Phoenix area. PCCP LLC provided the two senior loans. The projects will be IDM Estrella Parkway in […]

Phoenix developer named among Forbes’ top small companies

Evergreen Devco Inc., which has been working on a slew of multifamily projects and retail developments around the Valley in the past year, has been named one of the top 25 small companies in the U.S. by Forbes magazine. Forbes recently released its “small giants” report, and cited Evergreen for its policy of allowing employees to invest in […]

Evergreen Devco sells Pleasant Grove retail center for $3.1M

Evergreen Devco, which broke ground on the redevelopment of a retail center in Pleasant Grove in June, has now sold the 5,500-square-foot property for $3.1 million. Pinot Pasadena Land Co. purchased the property. The newly developed three-tenant retail center is located at 855 W. State St. and is currently home to a Mo’ Bettahs Hawaiian Style […]

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