Denver Crossroads is headed by Phelps Development, thedevelopment arm of Hensel Phelps, based in Greeley, and one of thelargest general contractors based in the state. That team alsoincluded Denver developer Bill Mosher and Trammell Crow. The seconddrop out, Forest City, is currently developing Stapleton, amongother large projects in the Denver area.
"Forest City did not say anything in writing, but clearly theyhave got a lot of other big projects going on," Liz Orr, head ofthe selection team for the development, tells GlobeSt.com. "Thesame thing is true with Denver Crossroads. They said in a letterthat they had to make a resource-allocation decision."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
