By Tom Blodgett | 1:49 AM Sep 27, 2020 MST | Updated 11:37 PM Sep 26, 2020 MST Gilbert officials anticipate the town reaching build-out in about 2030, and the coronavirus pandemic is not slowing that timetable. Multiple developments, involving hundreds of thousands of square feet of retail and restaurants, are going vertical or nearing completion throughout town, including Epicenter, […]
The proposed Falcon Marketplace shopping center just outside Colorado Springs could be getting a new owner, who’s expected to breathe life into the financially troubled project. Evergreen Devco, a real estate company with offices in Denver, Phoenix, Los Angeles and Salt Lake City, has contracted to buy the 36-acre Falcon Marketplace property northwest of Woodmen […]
Former Chapel Hills Sears targeted for demolition, redevelopment as apartments BY RICH LADENRICH.LADEN@GAZETTE.COM It was the end of an era when the Sears department store closed last year after nearly four decades at the Chapel Hills mall in Colorado Springs. Now, it could be the end of the Sears building — and possibly the start […]
Evergreen Devco Inc purchased Turnberry at Heather Ridge, a 268-unit apartment complex at 2038 S. Vaughn Way in Aurora, for $46 million. John Blackshire and Tom Wanberg of Transwestern represented the seller.
By Corina Vanek – Reporter, Phoenix Business JournalJul 6, 2020, 5:51pm EDT Evergreen DevCo, a Phoenix based development company focused on retail and multifamily projects, bought Chandler Pavilions, a value-add retail site, and plans to secure new junior anchor tenants. According to Maricopa County records, Evergreen bought the development for $10.52 million from Illinois-based Invesco LLC. Pat Dempsey […]
Evergreen is anticipated to make further unit renovations – last updated in the 1990s – as well as clubhouse renovations. Jennifer Hayes June 22, 2020 Evergreen Development added an Aurora apartment community to its metro Denver portfolio. It paid $46 million, or $171,641 per unit, for the Turnberry Apartments at Heather Ridge, a 268-unit community, […]
MORGAN HILL, CALIF. — Artis Senior Living has acquired 176,269 square feet within the Evergreen Village mixed-use development in Morgan Hill, a city at the southern tip of Silicon Valley. Artis plans to build a memory care community on the four-acre site, though details and a timeline have not yet been released. Frans Construction Inc. […]
The Erie Board of Trustees on Tuesday unanimously approved an intergovernmental agreement regarding the development of Nine Mile Corner. Click the link below for the full story on Colorado Hometown Weekly.
Evergreen Devco, Inc., a leading retail and multifamily development company, announced today that they have negotiated a lease agreement with global fitness company, F45 Training, at the firm’s The Point at Eastmark development, located at 10706 East Point Twenty-Two Boulevard in Mesa. Actor Mark Wahlberg is an investor and proponent of F45 Training. The Australian fitness company […]
Laura Ortiz, president, Evergreen Devco: “The commercial real estate industry continues to evolve, but is strong in our markets. For companies like Evergreen, who innovate and are creative and flexible, there are opportunities for new developments and redevelopments. Evergreen’s multifamily work will also continue to grow steadily. I am very optimistic heading into 2020.”