Thinking big: The group entrusted with preserving the 40-acre Chautauqua site in Boulder kicked off its master-planning efforts with a panel of experts provided by ULI Colorado’s Technical Assistance Program.
“It was the beginning of provoking big thinking,” said Susan Connelly, executive director of the Colorado Chautauqua Association.
Among the ULI recommendations was reducing the amount of car traffic by offering shuttle and valet service. The group also suggested creating a separate entrance for visitors to the adjacent open space.
Recently designated a National Historic Landmark, the Chautauqua site was founded in 1898 and is a signature piece of an educational movement that swept the country in the early 20th century. People gathered at chautauquas across the country to be enlightened by speakers and entertainers.
On track: The Campaign for Responsible Development has called upon two teams competing to redevelop the 20-acre Union Station site to include environmental and economic sustainability goals in their plans.
The coalition works to ensure that publicly supported redevelopment projects build stronger communities and expand economic opportunities. It has already met with the team led by Continuum Partners and East West Partners. The group has not met with Union Station Partners, the team led by Cherokee Investment Partners.
Union Station proposals are due by 5 p.m. Monday.
Asian flair: Ling & Louie’s Asian Bar and Grill will open at Stapleton in October.
The restaurant, operated by Scottsdale, Ariz.-based Desert Island Restaurants, combines authentic Asian cuisine with American hospitality, stylish interiors and affordable prices.
James Craddock and Manny Cerceres of Dunton Commercial Group represented Ling & Louie’s, the latest tenant announced for Stapleton’s $142 million Northfield shopping center near Interstates 70 and 270.
Lucky 13: Real estate investors may rest easy knowing that Denver is among the cities least prone to natural disaster.
As part of its annual Sustainable U.S. City Ranking, SustainLane measured disaster risk to the 50 largest U.S. cities. It looked at hurricanes, major flooding, catastrophic hail, tornado super-outbreaks and earthquakes.
Denver ranks 13th in terms of safety. Mesa, Ariz., and Milwaukee tied for the safest city. Rated the most dangerous was Miami.
Staff writer Margaret Jackson can be reached at 303-820-1473 or mjackson@denverpost.com.
Mortgage rates hit four-year high
Rates on 30-year mortgages rose last week to the highest level since the spring of 2002. Freddie Mac, the mortgage company, reported Thursday that rates on 30-year, fixed-rate mortgages increased to a nationwide average of 6.80 percent, up from 6.74 percent last week. The increase pushed 30-year rates to the highest level since they stood at 6.81 percent the week of May 24, 2002.
Below are average mortgage rates in Denver, Adams and Arapahoe counties as of Thursday and the previous 52 weeks. The one-year Treasury bill average reported by the Federal Reserve Bank was 5.24 percent. The Cost of Funds Index for May from the Federal Home Loan Bank (11th District) was 3.88 percent.
