Denver firm new marketer of SoLa project
NAI Shames Makovsky took over the project in April from Raufeisen Development, based in Rock Island, Illinois, said Brian Bair, a spokesman at NAI Shames Makovsky's Denver office. Henry & Wallace LLC of Knoxville, Tennessee, is the project manager.
"This is a little bit of a reboot of the project to get it back out to the market," Bair said.
Brokers are marketing 28 acres of commercial land, which is zoned for retail and office buildings, Bair said. Two hotel sites have been approved, he said. While there's nothing to announce yet, Bair said brokers expect to see a mix of retail, gas stations, restaurants, hospitality companies and medical office space at the site, at the northeast corner of U.S. Highway 287 and Exempla Circle.
Another 20 acres on the site is set aside for office/commercial business park types of uses, as well as buildings that would house services for seniors, Bair said.
"It's a phenomenal opportunity for senior care and senior living," Bair said. "The hospital is very supportive of development on this property, particularly services for their employees, patients and families."
Separately, Milestone Development Group in Denver is expected to start construction soon on the new 240-unit apartment complex named Prasana to the east of the planned commercial area, Bair said. Milestone already built the Prana 264-unit apartment complex on that site.
First, South Lafayette Drive must be completed through the property, however, said Phillip Patterson, Lafayette's assistant city administrator and community development director. South Public Road has been extended through the development and connected with Exempla Drive; the South Lafayette Drive piece of the road is almost complete, he said.
SoLa Inc., registered as the property owner, is a group of physicians from Illinois, Bair said, without giving details. In Colorado, the company's registered agent is Packard & Dierking LLC, a Boulder law firm, according to the Secretary of State's office.
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