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December 10, 2017
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Mass Equities Buys Development Site in Denver’s RiNo District

11/16/17

Mass Equities Inc (MEQ) has acquired a Denver development site in the city’s River North Arts District (RiNo). The purchase consists of 7.8 acres of land, including two existing buildings totaling over 219k sf of space. MEQ’s vision for the property, at 2900 Brighton, is to create a significant, creative mixed-use, "live-work-play” environment.

The $200 mil initial phase will include the re-imaging of the existing 62k sf building located at 3060 Brighton Blvd into a state-of-the-art creative office building, taking advantage of the soaring and dramatic ceiling heights and open space already existing in the building. In addition, and as part of the initial plan, MEQ expects to develop approximately 480 apartment units and 85k sf of much-needed retail space in the otherwise retail-starved RiNo area along Brighton.

“RiNo is a fast-evolving, vibrant arts district and is the ideal location for creating our vision of a carefully curated community filled with passion, personalities and purpose,” said Andrew Sobel, Founder of Santa Monica-based MEQ. Sobel previously was a founding member of SoCal office REIT Arden Realty. “Our goal is to break from the familiar pattern of typical mixed-use and create a project that is designed to embody RiNo’s rich diversity,” Sobel added.

Construction on the transformation of 3060 Brighton is expected to begin in the second quarter of 2018, with construction on the apartments and retail scheduled to start in the third quarter of 2018.




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