Steele Street Bank Buys New Headquarters Building
Steele Street Bank & Trust has purchased a flagship building along 1st Ave. in Cherry Creek North as its new headquarters. In addition to serving as the headquarters it will house an expanded Banking Center as well as Personal Trust & Wealth Management divisions. The bank is expected to relocate from 55 Adams St. early this month.
The 20,076 square-foot, three-story, Class A building features a two-lane drive-thru, night drop and a drive-thru ATM. Built in 2008 the building is LEED gold certified by the U.S. Green Building Council. Located within a block of the Adams St. site, it more than doubles the space, has ample parking and provides greater community visibility. “Our new headquarters offers unparalleled convenience and amenities to help us better serve our clientele and support our continued growth,” notes Steele Street Bank & Trust President Brian R. Wilkinson. “We’re proud of its designation as a LEED gold certified building, which supports responsible and sustainable development.”
Rated as the top-performing bank in Colorado based on first quarter 2013 data, the bank has total assets of more than $479 million with over $429 million in deposits and approximately $50 million in equity capital. The Trust department has total assets of more than $540 million. Established in 2003 Steele Street carries a Five-Star, “superior” rating from Bauer Financial — an independent bank rating and reporting agency.
Allied Jewish Apartments Adds On The Go Program
Allied Jewish Apartments, the non-profit, nonsectarian senior community in central Cherry Creek, has announced a new program known as Allied On The Go (AOTG). The program will be providing health and wellness classes, arts and music programming and community trips for seniors. AOTG is working to establish and foster partnerships with Valley synagogues, community centers and other groups to benefit area seniors. “By increasing efforts to reach out to seniors and providing them with interesting and exciting programs AJA hopes to connect with more seniors,” explains Lynn Rubenstein. Interested groups and individuals can contact her at 720-382-7842.
Offering both assisted and independent living options, the community is using less energy, enjoying lower utility bills and reducing its carbon footprint after the recent completion of a $1.9 million energy efficiency project.
Both independent and assisted living residents quickly become friends by participating in an array of activities, entertainment and cultural-educational events. Allied Apartments has immediate assisted living openings. Information: 303-399-1146.
Leasing Under Way At Balfour at Riverfront Park
Construction has begun and leasing is under way at Balfour at Riverfront Park, the downtown senior living community that will have the feel and look of a five-star hotel. Expected to open in the summer of 2014, it’s a master planned community on the park with Denver’s historic Highlands neighborhood up the hill and the famous nightlife of LoDo across the bridge. It is a location where residents will find tree-lined sidewalks, kayakers on the Platte River and award-winning restaurants.
The site is adjacent to the Moffat Train Depot, a landmark historic building that will be incorporated into the project. Upon renovation, the 1,200 square-foot Depot will serve as the Great Room for the 275,000 square-foot, five-story community. The project will feature 112 independent living rental apartment homes, 67 assisted living apartment homes with dining and outdoor areas; plus 26 memory care apartment homes managed by Balfour’s Memory Care Executive Director and nationally recognized Alzheimer’s expert.
The facility will feature three dining rooms, each with a distinctive dining experience. Also included will be a bistro-pub, rooftop bar and art studio plus several private dining rooms. Large common areas to be included are a great room, library, business center, card and game room, plus full-service beauty salon. Long-term leases will not be required and a service package will be included in standard monthly rents. Information: 720-360-4500.
Mathnasium Deals Add Up For Valley Kids
Mathnasium, the math-learning center with locations in Cherry Creek and Greenwood Village, has announced discounted assessment and registration fees this month. At the Cherry Creek location the fee has been reduced to $129 and will include two free visits. Moreover, for each family paying the $129 through parent/teacher groups such as PTOs or PTAs, the center will donate $50 until the end of September.
Furthermore at the Cherry Creek center only, Mathnasium is switching from a required appointment model to a drop-in model for attendance. Kids who are enrolled will be able to drop in any time the center is open for help versus having to have a scheduled appointment. Information: 303-333-6284.
At the Greenwood Village location the center is offering a 100 percent donation program to PTO-PTA groups, regardless of whether students stay with the program or not. Information: 720-474-1878.
Century 21 Plaza Set To Open This Month
Tenants will begin to occupy retail spaces in the new Century 21 Plaza along South Colorado Blvd. this month although a grand opening isn’t planned. Sprint, the store that was previously located on 2nd Ave. in Cherry Creek North, is scheduled to open on Sept. 4. Construction in Cherry Creek forced Sprint to relocate.
“We do not have any plans to do a grand opening,” reports Doug Antonoff, whose grandfather built the Century 21 movie theater at this location back in the 1960s.
Tenants scheduled to open in the plaza include Thai Pot Café now located two blocks south of Century 21. Rated as one of the top Thai eateries in the Valley, the kitchen has been serving traditional Thai dishes along Colorado Blvd. since 2009. Mooyah, a Texas-based burger joint, will also be moving in.
Western Development Group hosted a groundbreaking ceremony and reception Aug. 28 as it launched construction of the $100 million mixed-use project along Columbine between 2nd and 3rd Ave. in Cherry Creek North. Known as 250 Columbine, the project will add 80,000 square feet of office space, 70 condominiums and 30,000 square feet of retail space.
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The University of Colorado Hospital has relocated the Cherry Creek Eye Center to the Colorado Center Annex Building on South Colorado Blvd. Previously located on East Kentucky Ave., Dr. Joel Goldstein, MD, continues to head the office. Information: 720-553-2021.
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Streetscaping efforts continue downtown as the Denver Partnership seeks to attract development and economic activity. Latest efforts include connecting downtown with the Auraria Campus, enhancing the areas along Wynkoop and 21st Streets, plus greening initiatives along the 16th Street Mall.
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August data from Metrolist® shows that more than 6,000 home sales closed in the metro area in July, which equates to a 10 percent month-over-month and a significant 32 percent increase from July 2012. The increase in sales velocity signifies a healthy demand for area homes.
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Colorado new car and truck sales were up 13.2 percent for the first six months of 2013 compared to a year earlier, according to the Colorado Automobile Dealers Assn. Dodge, Porsche and Mitsubishi registrations each increased more than 30 percent during the first six months. Dodge led the way with a 50 percent increase, followed by Porsche at 32.2 percent, and Mitsubishi at 31.4 percent.ǃ