Del de Windt

Make stronger site decisions with the new BCI Planned Developments integration in REGIS Online! Now you can use BuildCentral data in REGIS Online when you pair the two subscriptions together. #CommercialRealEstate #CRE #Demographics #Mapping #CRETech #CREMarketing

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🏢 Denver Adaptive Reuse in Downtown - 7.9.24 Amid the growing challenges in the office sector and significant value erosion, it was encouraging to see the city release the adaptive reuse conversion study with Gensler last August. While 21 buildings were identified and interest in the business plan is high, progress has been slow. These projects require substantial capital and often need tax incentives to get started. Additionally, rising construction costs and issues like building floorplates and access to windows make most conversions unfeasible. Here are some of the upcoming projects to watch: Denver Dry Goods Location: 16th & California Street Details: 106 apartments, 43 condos, 37,258 sq ft retail Developer: Perry Rose, LLC Architect: OZ Architecture Petroleum Building Location: 16th Street Mall & Broadway Details: 177 apartments, 3,855 sq ft retail Developer: Borst & Company Architect: Gensler The George Location: 16th & Champa Details: 116 apartments, 12,640 sq ft retail Developer: Massandra Harbor George, LLC Architect: Venture Architecture University Building Location: 16th Street Mall & Champa Details: 106 apartments, 12,116 sq ft retail Developer: 910 Associates Architect: ShopWorks Architecture 475 17th Street Details: 210 apartments, 2,577 sq ft retail Developer: Revesco Properties Architect: Davis Partnership Architects These projects have the potential to add over 650 homes to Upper Downtown, converting approximately 450,000 sq ft of office space into vibrant residential areas. This shift highlights adaptive reuse as a vital post-pandemic development, revitalizing Denver's historic buildings and addressing the housing shortage. #DenverRealEstate #AdaptiveReuse #DowntownDenver #UrbanDevelopment #HousingCrisis #OfficeToResidential #SustainableDevelopment

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Should multifamily Regional Service Managers manage 30-40 properties alone? Recently, we've been focusing on filling Area and Regional Maintenance Manager positions across the U.S., and I've seen a concerning trend: mid-level Service Directors are often stretched thin, overseeing 30-40 properties and over 3,000 units each—without any additional support. Why aren’t more resources allocated to mid-level multifamily maintenance roles? Are we spending $$ millions from the budget in more frivolous areas with funds which could have hired 10-20 mid-level maintenance personnel? By increasing the number of mid-level roles, we could create more advancement opportunities within our industry, leading to higher retention rates and increased service for and from our maintenance teams. Is there a better way? Disclaimer: I’m no maintenance expert – just a real estate recruiter but I am genuinely curious to hear from the experts. 

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