An out-of-town real estate company that’s developed one Colorado Springs-area shopping center and has a second in the works now plans to expand its local multifamily investments with an apartment project on the city’s northwest side. Evergreen Devco, with offices in Denver, Phoenix, Los Angeles and Salt Lake City, has proposed a 312-unit apartment complex [...]

ERIE, CO — November 3, 2020 Evergreen Devco, Inc., a Denver-based retail and multifamily development company, has acquired the first and second phase of land for its 48-acre Nine Mile Corner mixed-use project in Erie. The project includes approximately 26 acres of retail, 12 acres of multifamily and 10 acres of open space. Brinkman began [...]

COLORADO SPRINGS, CO -  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 [...]

COLORADO SPRINGS, CO - 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 of a major transformation at the mall. Evergreen Devco, [...]

ARUORA, CO - 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, at 2038 S. Vaughn Way. It was sold by Kevlyn Investments Inc. “It’s just an amazing location,” John Blackshire of Transwestern said [...]