CPM Colorado

Commercial Project Management since 1985

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CPM Colorado



CPM - COLORADO (CPM) was established as a full-service resource for project construction management and project advisory expertise. This integration of services is the key to cost-effectiveness.  The professional services available through CPM translate years of real estate project management, construction experience, and engineering knowledge into practical applications tailored to the specialized needs of our clients.  Our proven abilities in design review, feasibility and cost analysis, project management, and construction administration provide you with the reliable, cost-effective expertise to achieve your project objectives.

Today's real estate and economic environment create new demands on the project, the owner, the lender, and the tenant. Understanding the scope of a project's Cost, Timing, Design, Materials and Coordination is critical to achieving project objectives and investment goals.  Management of these project components requires comprehensive due diligence, experienced analytical judgment, accurate and timely presentation of information, and effective implementation of remedial procedure decisions.  CPM offers this expertise.

We maintain an interactive approach, serving as an extension of your established program and adapting our services to your specific requirements throughout all phases of your project.  Our focus is to provide experienced professional project management and representation, protect your financial position, and achieve your project objectives.  We are confident in our ability to provide the expertise, value and performance you expect.

CPM - COLORADO is experienced in over 45 markets nationally
CPM has been involved with real estate projects from Honolulu to Washington D.C.
CPM offers proven experience with diverse projects within complex markets.
CPM offers comprehensive services specific to the clients needs.

DIVERSE PROPERTY MIX:

  • Commercial Office - CBD, Suburban
  • Site Acquisition/Development
  • Service Operation Centers
  • Residential - Single/Multi-Family
  • Industrial Warehouse/Distribution
  • Mixed-use Facilities
  • Retail Mall and Strip Centers
  • Medical/Nursing Facilities

COMPREHENSIVE SERVICES:

  • Owner/ Tenant Representation
  • Project Construction Management
  • Construction Document Review
  • Construction Inspection
  • FANNIE MAE - (DUS) Assessments
  • Project Workout (REO) and Repositioning
  • Feasibility and Cost Analysis
  • Acquisition/Disposition Due Diligence
  • Cost to Complete Analysis
  • Construction Budget/Loan Administration
  • Americans w/ Disabilities Audits
  • Environmental/Asbestos Evaluation

MARKET EXPERIENCE:
Arizona - Phoenix, Tucson, Scottsdale, Chandler, Yuma; California - Los Angeles, Orange County, San Francisco, Sacramento; Colorado - Denver, Boulder, Colorado Springs, Ft. Collins; Florida – Miami; Georgia - Atlanta, Marietta; Hawaii - Honolulu; Idaho – Boise; Illinois - Chicago, Oakbrook; Indiana - Indianapolis; Maryland - Baltimore, Landover, Laurel; Michigan - Troy, Ann Arbor; Minnesota - Minneapolis; Montana - Billings; Nebraska - Lincoln, Omaha; Nevada - Las Vegas, Reno; New Jersey - Edison, Parsippany; New Mexico - Albuquerque; Ohio - Cincinnati, Columbus, Dayton; South Dakota – Sioux Falls; Tennessee – Chattanooga; Texas – Dallas, El Paso, Houston, Irving, San Antonio; Utah - Salt Lake City, Jordan, Sandy; Virginia - Fairfax County, Leesburg, Reston; Wisconsin - Milwaukee; Washington - Seattle, Kent, Bellevue; Washington D.C.; Wyoming – Laramie, Cheyenne



 

Scope of Services


Project Management
We provide comprehensive project management services, ensuring that each project is delivered on time, within budget, and to the highest quality standards. Our project management services include:

  • Project Planning
  • Feasibility Studies
  • Cost Estimating
  • Scheduling
  • Design Management
  • Procurement Management
  • Construction Management
  • Project Closeout

Construction Management
Our construction management services ensure that construction projects are executed efficiently and effectively. We oversee all aspects of the construction process, including:


  • Site Inspection
  • Quality Control
  • Safety Management
  • Contract Administration
  • Change Order Management
  • Commissioning

Advisory Services
We offer expert advisory services to help clients make informed decisions about their real estate and construction projects. Our advisory services include:

  • Due Diligence
  • Project Audits
  • Risk Management
  • Value Engineering
  • Sustainability Consulting
  • Claims Management

 

Why CPM Colorado?



The integration of transaction and construction management specialists can produce both cost savings and increased efficiencies for the client’s requirement. CPM offers the following expertise, experience, services, and benefits to our clients.


  • Full scope Project Director vs. limited construction administration - complete project representation and management from work letter and budget development, through project design, engineering, and construction implementation, to telephony, furniture, specialty vendors and occupancy

  • In-depth technical expertise - accomplished ability in facility assessment, project feasibility and cost analysis—proven expertise in value engineering and cost control

  • Established experience in the Denver market - successful completion of over 6.5 million SF of tenant build-out, build-to-suit, and capital projects

  • Experienced project diversity - proven capacity with commercial office, industrial, high-tech, medical/dental, retail, and educational project management

  • Recognized knowledge of Denver professional network and market resources - wide-ranging, established relationships with leading architects, engineers, contractors, specialty vendors, and building departments

  • Comprehensive construction data resource - computer based reference resource containing over 150 actual construction budgets and cost components

  • Demonstrated financial management and budget administration - effective project accounting/administration and web-based reporting system

  • Distinguished education and commitment - Masters degree in Real Estate and Construction Management (MRECM), over 20 years specializing in owner/tenant project development, focused on efficient project management

  • Excellent communication skills - technical, contractual, financial, managerial

  • Major Strengths in planning, management, implementation, and completion - emphasis on Control, Accountability, and Responsibility



 

Our Professional Staff


CLAY A. CAMPBELL MRECM

President, Principal

As President and principal of CPM-COLORADO, Mr. Campbell, leads an organization of skilled professional associates specializing in owner/tenant project management services, throughout the Denver/Rocky Mtn. region. Providing over 25 years of national real estate and construction management service, Mr. Campbell offers a distinctive blend of proven project development and construction experience, comprehensive knowledge of real estate leasing/lending transactions, and established market network.

Throughout his career, Mr. Campbell has provided direct management on real estate projects, totaling over 10 million square feet. His extensive project list includes commercial, retail, industrial, educational, residential and medical/dental facilities.

Mr. Campbell offers effective experience representing owners, tenants, and lenders in project development, construction management, technical and physical evaluation, and acquisition due diligence, for new and existing real estate projects. His established knowledge of project development, programming and management, and property acquisition, provides comprehensive representation to his clients.

Since 1992, Mr. Campbell has provided project development and construction management on over 130 projects, locally and regionally.. Typical projects required the full scope of project and construction management expertise, from project definition and strategic planning, work letter and contract negotiations, project feasibility and cost analysis, project design and budget development, architect/engineer and general contractor selection, through completed project construction, client move and occupancy, and implementation of facilities management programs. As project director, Mr. Campbell has provided these services to a diverse group of notable clients, including Metro State University, Striker orthopedics, University of Denver, Newmont Mining Corp., National Multiple Sclerosis, Lockheed Martin, St. Paul Properties, GSA Federal Bureau of Prisons, Rhythms NetConnections, Western Integrated Networks, Virtela Communications, International Arabian Horse, Stanford Financial, Comcast, Galileo International, US West, Case Paper, Bank of New York, Chase Manhattan Bank, Guaranty Bank, and Keybank.

Mr. Campbell has provided physical analysis and acquisition due diligence on over 80 projects, nationally. He is an approved consultant for several national real estate underwriters, including Lehman Brothers Holding Company, Lutheran Brotherhood, Guaranty Mutual, and American United Life and has provided consulting services to several regional banks and lending institutions.

Mr. Campbell provides significant experience with FNMA and FHLMC physical needs assessments, for the financial underwriting (DUS) of multi-family and commercial projects. His comprehensive understanding of institutional and governmental assessment guidelines, including proprietary software for reserve/replacement analysis, provides accurate and timely project information for his clients. Pursuant to the American with Disabilities Act of 1991 (ADA), Mr. Campbell developed a qualified “asset audit" program, specifically for commercial properties, and has evaluated over 7 million square feet of commercial properties for relative to ADA compliance.

Earlier in his professional career, Mr. Campbell served as Project Manager and Assistant Director for BetaWest Properties, Inc., a national real estate owner/developer headquartered in Denver, Colorado. Involved from the company's beginning, Mr. Campbell served in several capacities responsible for the development of a $1.5 B commercial portfolio. He was responsible for the management of project construction financing and disbursement. He also directed the company’s national acquisition due diligence program. As Project Manager, he directed the development and construction of various commercial projects, including five Pace Warehouse facilities, seven US West operation centers, several mixed-use facilities and retail centers, and over 1.5M square feet of tenant finish construction.

Mr. Campbell’s residential experience includes the construction management of over 150 single-family and townhome units, for Mission Viejo Company at Highlands Ranch, Colorado. Mr. Campbell began his real estate career with General Electric Credit Corporation, serving as a mortgage loan officer.



Education:

  • University of Denver - MS 1990
  • Real Estate and Construction Management  
  • Western State College - BA 1978 
  • Business Administration and Finance

Affiliations

  • Western State College Foundation
  • Board of Directors Mohab Foundation
  • Denver Chamber of Commerce
  • Leadership Roundtable Presidents Club


 

Notable Project Assignments


The Parkwood

Sioux Falls, South Dakota

238,000 SF 133 units
55+ luxury apartments
$40.6 million

New Construction BTS
Full-service Owner's representation
Complete project management, A/E design/construction
Contract negotiations, comprehensive project delivery

Westminster Townhomes

Westminster, Colorado

37,500 SF 34 units
$11.5 million

New Construction
Lender representation
Project oversight payment application
Monthly inspection

400 W 48th Avenue

Denver, Colorado

100,000 SF
3-story office
$1.2 million

Existing project renovation
Owner's representation
Site renovation, fitness center, main lobby, kitchen office buildout

Tolin Mechanical

Denver, Colorado

46,000 SF
$4.4 million

Total renovation of existing industrial office building
Corporate headquarters
Owner’s representation, complete project management
A/E design/construction contract negotiations, budget development, lender coordination

The Lodge at Greeley

Greeley, Colorado

72,000 SF
$14 million

New Construction BTS
Senior living facility
Full-service Owner's representation
Complete project management, A/E design/construction
Contract negotiations, comprehensive project delivery

RK Mechanical

Aurora, Colorado

280,000 SF
$9 million

New Construction – Design/Build
Metal fab production manufacturing facility
Full-service project management
Design/build budget development, project delivery

Chattanooga Regional Airport

Chattanooga, Tennessee

100,000 SF
$13 million

New Construction – Design/Build
Business jet FBO maintenance hangar, paint hangar
Full-service project management
Design/build construction oversight

Triad Office Park

Greenwood Village, Colorado

193,000 SF 24 tenants
$5.3 million

Full scope project management
Owner's representation
Tenant Improvement

VetWerx Animal Clinic

Denver, Colorado

4,000 – 6,000 SF
$1 million/clinic

New Construction - BTS
Corporate owned clinics
Full-service Owner's representation
Complete project management, A/E design/construction
Contract negotiations, comprehensive project delivery

Ballesteri Vineyards

Denver, Colorado

17,000 SF
$1.4 million

New Construction - BTS
Winery Event Center
Full-service Owner's representation
Contract negotiations, Project management, Project delivery

Mosiac Restaurant

Centennial, Colorado

6,432 SF
$3.4 million

New Construction - BTS
High-end restaurant/bar
Full-service Owner's representation
Complete project management, A/E design/construction
Contract negotiations, comprehensive project delivery

Pinnacle Charter School

Thornton, Colorado

136,000 SF
$17.3 million

New Construction
Full-service construction management
Owner's representation

Pinnacle Charter Event Center

Thornton, Colorado

55,000 SF
$6.2 million

Ground-up BTS
Event center, gym, cafeteria, locker/weight rooms
Music theater, 350 space parking garage

Cheyenne Commons

Las Vegas, Nevada

33,000 SF
$2.1 million

New Construction
Shopping center
Construction management, feasibility/cost analysis
Negotiations/contracts, loan management

Hills Plaza

San Francisco, California

660,000 SF
$160 million

New Construction & Landmark Restoration
Office, retail
Owner's representation, construction loan development
Construction budget management, project financial management, asbestos abatement

U S WEST Dex

Maple Grove, Minnesota

72,000 SF
$11.5 million

New Construction
Office parking, ground up new build
Owner representation, tenant finish management

Pace Membership Warehouse

Multiple Locations

100,000 SF/each

Retrofit and New Construction
Wholesale warehouse
Feasibility and cost analysis, project development
Construction management, budget development/loan administration, disposition coordination

Montessori School

Aurora, Colorado

9,200 SF
$1.25 million

New Construction
Primary school
Bank representation, construction administration

U S WEST Service Operations Centers

Multiple Locations

30,000 - 60,000 SF
$500,000-$1 million each

Acquisition and New Construction
Maintenance facilities, storage operations
Project management, due diligence, feasibility and cost analysis, document review, budget/loan administration

Newmont Mining Corporation

6363 S. Fiddler's Green Circle, Greenwood Village, Colorado

218,505 SF
$14.5 million

Full scope BTS project management
Completed 4/09

Twin Peaks Charter Academy

345 S. Francis St., Longmont, Colorado

79,000 SF
$5.6 million

Full scope project management
Existing building renovation
Completed 9/09

Colorado Department of Labor

633 17th Street Suite 201, Denver, Colorado

242,000 SF
$9.7 million

Full scope project management
Existing building renovation
Completed 4/05

Canadian Foreign Trade

1625 Broadway, Denver, Colorado

21,000 SF
$950,000

Full scope project management
Existing building renovation
Completed 9/04

Ensign USA Drilling I

1700 Broadway, Denver, Colorado

12,310 SF
$333,000

Full scope project management
Existing building renovation
Completed 9/08

Ensign USA Drilling II - V

1700 Broadway, Denver, Colorado

14,571 SF
$410,000

Full scope project management
Completed 3/09

National Multiple Sclerosis Society of Colorado

900 S. Broadway, Denver, Colorado

41,000 SF
$2.3 million

Full scope project management
Completed 2/08

Democratic National Convention

1000 Chopper Circle, Denver, Colorado

175,000 SF
$16 million

Owner’s representative
Project oversight, contract administration
Completed 9/08

St. Paul Travelers

6060 S. Willow Drive, Greenwood Village, Colorado

131,000 SF
$4.6 million

Full scope project management
Completed 5/05

Denver Arts & Technology Academy

3752 Tennyson Street, Denver, Colorado

35,000 SF
$4.35 million

New construction management
Completed 9/04

Times Square Shopping Center

4200 Wadsworth Avenue, Wheat Ridge, Colorado

60,000 SF
$1.5 million

Full scope project management
Completed 11/07

Rhythms Net Connection Global Headquarters I and II

9190 E. Mineral Circle and 9495 E. Mineral Avenue, Englewood, Colorado

110,000 SF & 143,000 SF
$9.3 million & $3.1 million

Full scope project management
Completed 11/01

Virtela Communications

5660 Greenwood Plaza Blvd, Greenwood Village, Colorado

30,000 SF office & 20,000 SF data center
$4.7 million

Full scope project management
Completed 9/01

Western Integrated Networks (WinFirst)

Colorado Annex II, 2000 S. Colorado Blvd, Denver, Colorado

23,000 SF office & 23,000 SF Phase II
$4 million

Full scope project management
Completed 7/01

Arcadis Geraghty & Miller

Denver, Colorado

34,230 SF
$1.2 million

Construction management
Completed 6/00

CCIA (Pinnacol Insurance)

The Galleria Tower, Denver, Colorado

138,000 SF, 6 Floors Office
$3 million

Construction management
Completed 1992

 

Selected Projects


Qwest Tower

Qwest Tower

1801 California St., Denver, Colorado

1,300,000 SF

  • • Over two-year period directed construction management of:
  • • 400,000 SF of Tenant build-out
  • • Tenant restacking program
  • • $2.6 million capital improvements
  • • $500,000 parking garage renovation
Colorado Center

Colorado Center

2000 S. Colorado Blvd., Denver, Colorado

230,000 SF

  • • Developed, prepared, and implemented full scope project management of 2 full floor construction projects (46,000 SF)
  • • Tenant work letter development and negotiation with Landlord
  • • Coordination of Landlord’s design and engineering professionals
  • • Selected and directed furniture and cabling vendors
  • • Project completed on time; saved approximately $1.80 SF of TI allowance which was used as rent abatement
Rhythms Headquarters

Rhythms Headquarters

9100 E. Mineral Circle, Englewood, Colorado

143,000 SF

  • • Directed the full project renovation and development for corporate headquarters -- $6M
  • • Building feasibility evaluation
  • • Departmental restacking program
  • • Budget & Schedule development
  • • Design team selection
  • • General contractor selection
  • • Data center construction
  • • Cabling infrastructure
Rhythms Sister Facility

Rhythms "Sister" Facility

9495 E. Mineral Avenue, Englewood, Colorado

110,000 SF

  • • Full scope project management of "build-to-suit" office building with 3-story parking garage -- $12M
  • • Land purchase
  • • Renewal and development redesign of existing Final Development Plat (FDP)
  • • Project feasibility and cost analysis
  • • Complete project programming
  • • Management of core/shell design development
  • • Architectural engineering general contractor team selection
  • • Contract negotiation and administration
  • • Project payment administration
  • • Complete project management through client bankruptcy disposition
Plaza Verde

Plaza Verde

Englewood, Colorado

400,000 SF

  • • New building anchor tenant
  • • Assembled and directed the full project development team for build-out of 7 floor corporate headquarters (215,000 SF) -- $14M
  • • Full scope project budget development
  • • Direct contract for furniture, IT/data center, A/V system budget and installation
  • • Selected and directed design and construction team
  • • Coordinated significant landlord/tenant value engineering process
Pinnacle Charter School

Pinnacle Charter School

Denver, Colorado

136,000 SF

  • • Directed the full project renovation of an abandoned Kmart building – $5.3M
  • • Completed 10/01
Pinnacle Charter School Activities Center

Pinnacle Charter School

Activities Center

  • • Development and Build to Suit – $4.8M
  • • 750 Seat Theater
  • • 900 Seat Gymnasium
  • • Music Room
  • • Concession & Vending
Pinnacle Charter School Parking Garage

Pinnacle Charter School

Parking Garage

315 Spaces

  • • New construction of 315 space parking garage - $2.4M
  • • Developed, prepared, and implemented full scope project management
  • • Completed 12/03

 

CASID Award for Interior Design


American Society of Designers Awards Newmont Mining the CASID Award for Best Design of 35,000 feet.


FOR IMMEDIATE RELEASE


DENVER, CO, May 19, 2009 -- CPM-COLORADO, today announced the completion of Newmont Mining’s Worldwide Headquarters. This project included the consolidation of downtown and suburban offices into a new worldwide headquarters located in the Palazzo Verdi Building at Fiddler’s Green. The Palazzo Verdi building was developed by John Madden Company. Base building construction was provided by Kiewit Building Group Inc. Fentress Architects of Denver designed the building. Palazzo Verdi has obtained the U.S. Green Building Council’s LEED Gold designation for sustainable design.

Newmont Mining now occupies 218,000 square feet (7 floors) at Palazzo Verdi. Newmont Mining’s objective was to consolidate its employees, which were located at their downtown headquarters and a 33,000-square-foot ancillary operation in the Tech Center.

Designed and built on an aggressive 8 month schedule, CPM Colorado assembled and led a team of design and construction professionals, including: Architect: Box Studios, Engineering: BCER Engineering, Inc., General Contractor: Provident Construction, Electrical: ADK Electric, Audio/Visual: Image Audio Visual, Communications: Avant Datacomm and Furniture by Rocky Mountain Desk. The project was completed on schedule and within the budget. In addition, to the LEED Gold Designation, the Newmont Mining world headquarter was recently given Colorado ASID award for “Best Design of 35,000 feet”.

Mr. Clay Campbell, President of CPM Colorado stated “The success of this fast track, high level project was driven by three specific core principals of CPM Colorado: Understanding and defining the requirements and expectations of the client (Newmont); Collaborating with the client to define and establish clear project design, budget, schedule requirements and expectations; and Assembling the best professional design and construction resources in the market to match the needs and requirements of the project.”

About CPM Colorado

CPM - Colorado (CPM) was established in 1993 as a full-service resource for project construction management and project advisory expertise. This integration of services is the key to cost effectiveness. The professional services available through CPM translate years of real estate project management, construction experience, and market knowledge into practical applications tailored to the specialized needs of our clients. Our proven abilities in design review, feasibility and cost analysis, project management, and construction administration provide our clients with accountable, cost-effective expertise to achieve your project objectives. To learn more about CPM Colorado and project and construction management, visit www.CPMColorado.com. To speak with Clay Campbell, President of CPM Colorado, please call 303-893-1675 or email Clay@cpmcolorado.com.

About Newmont Mining

Founded in 1921 and publicly traded on the NYSE since 1925, Newmont is one of the world's leading gold companies. Headquartered in Denver, Colorado, the company employs approximately 15,000 people, the majority of whom work at Newmont's mines sites in the United States, Australia, Peru, Indonesia, Bolivia, New Zealand and Mexico.



 

Case Studies


Case #1 - New Building (Tenant Improvement)

Client: Newmont Mining Corporation
Date: Feb/2008 – April/2009
Project: World Headquarters 6363 Fiddlers Green Circle Greenwood Village CO
Size: 7 of 10 Floors totaling 218,000 SF
Project Budget: $13,460,000 ($61.60/SF)
Project Cost: $13,749,692 ($62.93/SF)

*Client introduced $761,000 in design change orders during the project including floor reinforcement for high density file requirement. Although a slight budget impact the project schedule remained on track for a 130 day build-out. Project required a major client move from downtown to Greenwood Village. Approximately 565 employees from 2 different locations were merged into a newly built office tower. CPM coordination with building management was critical to the build out and client occupancy. Project was delivered on time on budget achieved rent savings of nearly $1.5mm.

Newmont Mining Corporation

Case #2 - Building Acquisition (Asset Repositioning Tenant Renovation)

Client: St. Paul Properties/ Travelers Insurance
Date: Feb – Sept 2005
Project: 6060 S. Willow Circle Greenwood Village CO
Size: 125,000 SF
Project Budget: $4,375,000 ($35.00/SF)
Parking Garage Budget: $2,482,000
Project Cost: $4,011,429 ($32.00/SF)
Parking Garage Cost: $2,208,000

*The budget included approximately $4.50/SF for furniture and moving costs.

Description: Complete building renovation and mechanical system upgrade of 1982 building occupied for 17 years by CH2M Hill to accommodate newly merged tenant. Project required the addition of a 160 space underground parking structure. CPM directed the project through design city approvals (including new FDP requirements) pricing construction and occupancy. CPM Colorado directed this multi-phased through city and county approval process and by utilizing two separate General Contractors was able to achieve and exceed the budget and timetables requirements established by the client and project team.

St. Paul Properties

Case #3 - New Building (Build to Suit)

Client: Rhythms Net Connections
Date: June 2000 – May 2001
Project: Global II Headquarters 9195 E. Mineral Circle Englewood CO
Size: 104,000 SF (4 story office) with 370 space parking garage
Project Budget: $13,800,000 ($132.69/SF)
Project Cost: $14,352,000 ($138/SF)

*Project included a major data center component (3000 SF) located in the basement level. On going design modifications to data infrastructure and redundancy requirements and client initiated design changes moved the project slightly out of budget. Client never occupied the new building due to subsequent bankruptcy filing.

Rhythms Net Connections 1 Rhythms Net Connections 2

Case #4 - New Building (Tenant Improvement)

Client: Rocky Mountain Desk – Knoll Furniture
Date: Jan/2005 – April/2005
Project: Showroom Headquarters 8110 E. Union Avenue Denver CO 80237
Size: 11,400 SF
Project Budget: $433,200 ($38.00/SF)
Project Cost: $480,140 ($42.11/SF)

*CPM was engaged after project design initial pricing and general contractor were in place wherein the project was nearly $9.60/SF ($109,000) over budget. Further during preliminary building inspection the project architect/engineers missed a critical mechanical component amounting to $8.30/SF cost to the budget that was unaccounted for during lease negotiations. Working with the client architect and the GC CPM was able to guide a moderate redesign (value engineering) and effective renegotiation with contractors to absorb the mechanical cost and reduce the out-of-pocket expense to the Client by over $71,000 (70%) while delivering the project for scheduled occupancy.

Rocky Mountain Desk

Case #5 - New Building (55+ Luxury Apartment Living)

Client: Buligo Capital
Date: April 2022 – Feb 2024
Project: The Parkwood Sioux Falls, SD
Size: 238,000 SF 133 units + amenities
Project Budget: $41,000,000 ($173.00/SF)

The Parkwood

Case #6 - Senior Living (Independent Assisted Memory Care)

Client: Rocky Mountain Senior Living
Date: Oct 2018 – June 2020
Project: The Lodge at Greeley Greeley, CO
Size: 72,000 SF
Project Budget: $14,400,000 ($195.00/SF)

The Lodge at Greeley

Case #7 - New Building (Townhomes)

Client: Citizens Bank
Date: Oct 2018 – June 2020
Project: Westminster Townhomes Westminster, CO
Size: 1.5-acre development 34 units 37,400 SF
Project Budget: $13,785,000 ($368.00/SF)

Westminster Townhomes

 

Project History


 

Commercial Office Projects

Rhythms NetConnection

46400 SF office

New Construction

• Renovation of existing office building
• Construction management

Rhythms NetConnection Call Center

12450 E. Briarwood, Englewood, Colorado

44000 SF office

New Construction

• Renovation of existing office building
• Construction management

Rhythms NetConnection

9100 E. Mineral Ave., Englewood, Colorado

143000 SF office

New Construction

• Renovation of existing office building
• Construction management

Rhythms NetConnection

7318 S. Revere & 7328 S. Revere, Englewood, Colorado

54000 SF office

New Construction

• Renovation of existing office building
• Construction management

Rhythms NetConnection

9085 E. Mineral Circle, Englewood, Colorado

26000 SF office

New Construction

• Renovation of existing office building
• Construction management

Rhythms NetConnection

9195 E. Mineral Ave., Englewood, CO

110000 SF office

New Construction

• Renovation of existing office building
• Construction management

Virtela Communications

5660 Greenwood Plaza Blvd., Greenwood Village, Colorado

30000 SF office

20000 SF Data Center/NOC

New Construction

• Renovation of existing office building
• Construction management

Western Integrated (Winfirst)

2000 S Colorado Blvd., Denver, Colorado

24000 SF office

23000 SF Phase II

New Construction

• Renovation of existing office building
• Construction management

1801 California

Denver, Colorado

1.5 million SF office

16 story garage

Acquisition

• Due diligence
• Project management
• Capital improvement
• Tenant finish

PointWest Commercentre

Sacramento, California

130000 SF office

Acquisition

• Due diligence
• Asset repositioning
• Tenant finish
• Capital improvement

Lawrence Court

Denver, Colorado

111000 SF

Acquisition

• Due diligence
• Capital improvement
• Tenant finish

Hills Plaza

San Francisco

660000 SF office retail

residential

New Construction & Landmark Restoration

• Construction loan development
• Construction budget management
• Project financial management
• Asbestos abatement

City Financial Tower

Honolulu, Hawaii

181000 SF office

3-story parking garage

New Construction

• Complete tenant finish program
• Development and implementation

Prudential Business Campus

Parsippany, New Jersey

3000000 SF mixed-use office

Acquisition & New Construction

• Due diligence
• Budget development
• Loan administration

Dulles Corner

Fairfax County, Virginia

3000000 SF mixed-use office campus

Acquisition & New Construction

• Financial due diligence
• Budget development
• Loan administration

5090 Building

Phoenix, Arizona

175000 SF office

Acquisition

• Due diligence
• Construction management
• Project completion

Bank One Center

Houston, Texas

800000 SF office

Pedestrian tunnel

Existing Asset

• Owner representation
• Asset repositioning
• Construction management
• Capital improvement
• Tenant finish
• ADA
• Environmental remediation

CCIA (Pinnacol Insurance)

The Galleria Towers, Denver, Colorado

135000 SF office

Existing Asset

• Owner representation
• Construction (TI) management

Highland Tech Office Park

Englewood, Colorado

61000 SF office/industrial

Acquisition

• Physical due diligence
• Lease review
• Lender representation

Mayflower Manor

Akron, Ohio

254000 SF

233 unit senior housing

Bond Refinance

• Physical due diligence
• Environmental review
• Feasibility and cost analysis

Apollo Travel Services

Englewood, Colorado

28000 SF office

Tenant Renovation

• Project development
• Construction management
• Tenant finish

U S WEST Dex

Englewood, Colorado

72000 SF office

New Construction

• Owner representation
• Tenant finish management

Tealy’s Land Survey

Boise, Idaho

6500 SF office building

New Construction

• Bank representation
• Construction administration

520 Corporate Center

Bellevue, Washington

27800 SF office building

Acquisition

• Physical due diligence

1880 S. Pierce

Lakewood, Colorado

14500 SF office building

Acquisition

• Physical due diligence

575 Union Office Building

Lakewood, Colorado

33800 SF office building

Acquisition

• Physical due diligence

13751 East Wadsworth

Draper, Utah

27800 SF office building

Acquisition/New Construction

• Physical due diligence

Eastgate Corporate Center

Bellevue, Washington

24500 SF office building

Acquisition

• Physical due diligence

65 East Wadsworth Park Drive

Draper, Utah

27800 SF office building

Acquisition/New Construction

• Physical due diligence

Tucson Centre

Englewood, Colorado

74300 SF office building

Acquisition

• Physical due diligence

#8 West Dry Creek Circle

Littleton, Colorado

26300 SF office building

Acquisition

• Physical due diligence

7395 E. Orchard Rd.

Greenwood Village, Colorado

10000 SF office building

Acquisition

• Physical due diligence

5500 S. Quebec

Greenwood Village, Colorado

201000 SF office building

Acquisition

• Physical due diligence

#4 Garden Center

Broomfield, Colorado

15360 SF office

New Construction

• Bank representation
• Construction administration

Lincoln Center Business Center

Denver, Colorado

18000 SF office

Acquisition

• Physical due diligence



 

Industrial Projects

Die Cut Technologies

Northglenn, Colorado

30000 SF warehouse/office

New Construction

• Bank representation
• Construction administration

Snowy Range Laundromat & Carwash

Laramie, Wyoming

6000 SF Laundromat/carwash

New Construction

• Bank representation
• Construction administration

Terminal Business Center

Colorado Springs, Colorado

34400 SF office/warehouse

Acquisition

• Physical due diligence

5140 Amelia Earhardt Drive

Salt Lake City, Utah

60000 SF industrial/warehouse

Acquisition

• Physical due diligence

1385 Umatilla

Denver, Colorado

15000 SF warehouse

Acquisition

• Physical due diligence

Peak Contract Manufacturing

Colorado Springs, Colorado

20000 SF warehouse

New Construction

• Bank representation
• Construction administration

Pace Membership Warehouse

Various Locations

100000 SF/each wholesale warehouse facilities

Retrofit and New Construction

• Feasibility and cost analysis
• Project development
• Construction management
• Budget development/loan administration
• Disposition coordination

U S WEST Service Operations Centers

Various Locations

30000 - 60000 SF maintenance facilities

Acquisition and New Construction

• Project management
• Due diligence
• Feasibility and cost analysis
• Document review
• Budget/loan administration

Stevenson Warehouse

Colorado Springs, Colorado

103000 SF refrigerated storage

New Construction & Expansion

• Feasibility and cost analysis
• Project management
• Construction inspection
• Budget/loan administration

Rocky Mountain Telephone

Salt Lake City, Utah

13000 SF warehouse/office

New Construction

• Bank representation
• Construction administration



 

Site Development Projects

Somerset Estates

Niwot, Colorado

$1 million, 22 acres, 17 luxury home sites

New Construction - Site Development

• Feasibility and cost analysis
• Document review
• Budget administration

Vintage East

Denver, Colorado

$2.1 million, 61 single family sites

New Construction

• Feasibility and cost analysis
• Document review
• Budget administration



 

Residential Projects

Mapleton Place

Boulder, Colorado

$8.8 million, 15000 SF multi-family

New Construction

• Project construction administration
• Construction inspection
• Budget/loan administration

Green Residence

Westminster, Colorado

$487000, 4318 SF residence

New Construction

• Project construction administration
• Construction inspection
• Budget/loan administration

Village at Fountain Greens

Grand Junction, Colorado

$6.2 million, 44 unit multi-family

New Construction

• Project construction administration
• Construction inspection
• Budget/loan administration

Waterside West

Fraser, Colorado

$4.7 million, 28 unit multi-family

New Construction

• Project construction administration
• Construction inspection
• Budget/loan administration

The Groves

Highlands Ranch, Colorado

$15 million, 150 single family homes

New Construction

• Project construction management
• Supervision of frame and exterior trim installation

Silver Cliff Apartments

Englewood, Colorado

$12 million, 320 units

New Construction (REO workout)

• Lender representation
• Construction management
• Contract/lien resolution

Saddleridge Apartments

Englewood, Colorado

$11 million, 148 units

New Construction

• Project feasibility and cost analysis
• Construction document review
• Construction inspection
• Budget/loan administration

La Privada Apartments

Albuquerque, New Mexico

$8.5 million, 200 units

New Construction

• Feasibility and cost analysis

Ironwood at the Ranch

Westminster, Colorado

$7 million, 226 units

Acquisition

• Due diligence
• Construction document review

Playa Vista

Los Angeles, California

$1 billion, 750 acre PUD

Proposed Development

• Feasibility and cost analysis
• Infrastructure development

Royal American Apartments

Dallas, Texas

$25 million, 900 units

Acquisition

• Due diligence
• Construction document review

Falcon Homes at Lone Tree

Highlands Ranch, Colorado

$300,000 - $400,000, 24 luxury homes

New Construction

• Document review
• Construction inspection
• Budget/loan disbursement

Glenmoor Estates

Englewood, Colorado

$400,000 - $600,000, 12 luxury homes

New Construction

• Document review
• Construction inspection
• Budget/loan disbursement

Esprit Homes

Denver, Colorado

$15 million, 50 single family homes

New Construction

• Structural design

1551 Larimer

Denver, Colorado

$60,000, Condominium

Renovation

• Residential renovation



 

FNMA & FHMLC Assessments

Eagle Cliff Townhomes

Commerce City, Colorado

$3 million, 144 units

Acquisition

• Physical due diligence
• Project feasibility and cost analysis
• Lender representation

Hillcrest Manor Townhomes

Omaha, Nebraska

$3.5 million, 94 units

Acquisition

• Physical due diligence
• Project feasibility and cost analysis
• Lender representation

Berkshire Apartments

Wichita, Kansas

$3.5 million, 96 units

Acquisition

• Physical due diligence
• Project feasibility and cost analysis
• Lender representation

Winrock Apartments

Castle Rock, Colorado

$2 million, 64 units

Acquisition

• Physical due diligence
• Project feasibility and cost analysis
• Lender representation

StoneCreek Apartments

Castle Rock, Colorado

$2 million, 75 units

Acquisition

• Physical due diligence
• Project feasibility and cost analysis
• Lender representation

SouthPark Apartments

Newton, Kansas

$2.5 million, 68 units

Acquisition

• Physical due diligence
• Project feasibility and cost analysis
• Lender representation



 

Medical/Educational/Nursing Facilities

Twin Peaks Charter Academy

Longmont, Colorado

79800 SF K-8 school

New Construction

• Project management
• Owner's representation

Northstar Academy

Parker, Colorado

35000 SF K-6 school

Existing Facility

• Bank representation
• Construction administration

Pinnacle Charter School

Thornton, Colorado

136000 SF K-8 school

New Construction

• Construction management

Aspen Academy

Greenwood Village, Colorado

75000 SF Pre-K – 8 school

Existing Facility

• Construction administration

Lone Tree Veterinary Clinic

Denver, Colorado

16000 SF veterinary clinic

New Construction

• Bank representation
• Construction administration

Denver Arts & Technology Academy

Denver, Colorado

35000 SF K-8 school

New Construction

• Construction administration

Montessori School

Aurora, Colorado

9200 SF school

New Construction

• Bank representation
• Construction administration

Sholow Nursing Facility

Sholow, Arizona

$5 million, 75 bed assisted care

Existing Facility

• Owner's representation
• Capital improvement
• Construction management

Verde Valley Health Facility

Cottonwood, Arizona

$5 million, 75 bed assisted care

Existing Facility

• Owner's representation
• Capital improvement
• Construction management

Bell's & Beau's

Englewood, Colorado

11000 SF daycare

New Construction

• Bank representation
• Construction administration

Jean Brown Medical Center

Salt Lake City, Utah

12300 SF medical center

New Construction

• Bank representation
• Construction administration

Dreamland Educational Center

Meridian, Idaho

7500 SF daycare facility

New Construction

• Bank representation
• Construction administration



 

Retail Projects

Cheyenne Commons

Las Vegas, Nevada

330000 SF strip center

New Construction

• Owner representation
• Feasibility and cost analysis
• Document review
• On-site inspection
• Budget/loan administration

Charleston Commons

Las Vegas, Nevada

330000 SF strip center

New Construction

• On-site inspection
• Budget/loan administration

Pace Plaza

Colorado Springs, Colorado

100000 SF strip center

New Construction

• Joint venture project management
• Budget/loan administration
• Document review
• Remedial construction management
• Construction dispute resolution

K-Mart

Brighton, Colorado

150000 SF retail store

New Construction

• Owner representation
• Feasibility and cost analysis
• Document review
• On-site inspections
• Budget/loan administration

Iliff Crossing

Aurora, Colorado

50000 SF retail strip center

Acquisition

• Physical due diligence
• Owner representation
• Feasibility and cost analysis
• Document review

Piney Creek Crossing

Aurora, Colorado

30000 SF retail strip center

Acquisition

• Physical due diligence
• Owner representation
• Feasibility and cost analysis
• Lease review

RJ’s Diner

Boise, Idaho

1900 SF restaurant

Acquisition

• Bank representation
• Construction administration

Bill’s Home Furnishings

Price, Utah

10000 SF furniture store

Acquisition

• Bank representation
• Construction administration

Shooting World

Boise, Idaho

11000 SF retail

Acquisition

• Bank representation
• Construction administration

Arby’s Restaurant

Riverton, Utah

4000 SF restaurant

Acquisition

• Bank representation
• Construction administration

Q-Superette

Denver, Colorado

3400 SF retail

Acquisition

• Bank representation
• Construction administration

Big "O" Tire

Salt Lake City, Utah

10500 SF retail

New Construction

• Bank representation
• Construction administration

#2 Home Central Retail

Caldwell, Idaho

7500 SF retail

New Construction

• Bank representation
• Construction administration



 

Retail Mall

Lane Bryant

Menlo Park Mall, Edison, New Jersey

$448000, 3500 SF

Tenant Build-out

• Tenant representation
• Construction management

Spencer's Gift

Charlestown Center, St. Charles, Illinois

$90000, 2450 SF

Tenant Build-out

• Tenant representation
• Construction management

Marianne's

Oakland Mall, Troy, Michigan

$175000, 9000 SF

Tenant Build-out

• Tenant representation
• Construction management

J. Riggings

Northridge Mall, Milwaukee, Wisconsin

$72000, 3000 SF

Tenant Build-out

• Tenant representation
• Construction management

Repps Big & Tall

Hawthorne Center, Chicago, Illinois

$130000, 2850 SF

Tenant Build-out

• Tenant representation
• Construction management

Time Out Funplex

Montgomery Mall, Philadelphia, Pennsylvania

$186000, 3000 SF

Tenant Build-out

• Tenant representation
• Construction management

Wilson House of Suede

Oakbrook Mall, Oakbrook, Illinois

$196000, 2450 SF

Tenant Build-out

• Tenant representation
• Construction management

DeJaiz

El Con Mall, Tucson, Arizona

$73000, 2800 SF

Tenant Build-out

• Tenant representation
• Construction management

Amy's Hallmark

Lloyd Center, Portland, Oregon

$99000, 2250 SF

Tenant Build-out

• Tenant representation
• Construction management

Amy's Hallmark

Crossroads Mall, Boulder, Colorado

$90000, 2100 SF

Tenant Build-out

• Tenant representation
• Construction management

Times Square Shopping Center

Wheat Ridge, Colorado

$750000, 60000 SF

General Construction

• Feasibility and cost analysis
• Project management

Hampden Villa Shopping Center

Aurora, Colorado

$180000, 108000 SF

Acquisition

• Physical due diligence
• Construction management
• Tenant buildout

Country Club Corners

Ft. Collins, Colorado

$3 million, 25000 SF

Acquisition

• Physical due diligence
• Feasibility and cost analysis

East Plaza Retail Center

Ontario, Oregon

$1.1 million, 25000 SF

Acquisition

• Physical due diligence



 

ADA Property Audits

CPM has evaluated over 15 million square feet of commercial property pursuant to ADA compliance. The following projects represent a portion of the properties reviewed to date.

Lincoln Town Center

Santa Ana, California

212500 SF, 10-story office, 5-story garage

ADA Compliance

• Physical due diligence
• ADA compliance review

Broad Bent I II & III

El Paso, Texas

265000 SF, office/warehouse

ADA Compliance

• Physical due diligence
• ADA compliance review

Tri City Mall

Mesa, Arizona

550000 SF, 2-story retail mall

ADA Compliance

• Physical due diligence
• ADA compliance review

Ashford VI

Houston, Texas

183260 SF, 8-story office, 3-story garage

ADA Compliance

• Physical due diligence
• ADA compliance review

Lincoln Center

Phoenix, Arizona

152000 SF, 2-story research & development office

ADA Compliance

• Physical due diligence
• ADA compliance review

Town Center Business Park

Santa Fe Springs, California

453000 SF, office/warehouse

ADA Compliance

• Physical due diligence
• ADA compliance review

Westchase Bank

Houston, Texas

200400 SF, 11-story office, 3-story garage

ADA Compliance

• Physical due diligence
• ADA compliance review

Biltmore Fashion Park

Scottsdale, Arizona

650000 SF, retail mall

ADA Compliance

• Physical due diligence
• ADA compliance review

Parkland Industrial Center

Tempe, Arizona

110170 SF, office/warehouse

ADA Compliance

• Physical due diligence
• ADA compliance review

Wood Branch I

Houston, Texas

100300 SF, 6-story office, 2-story garage

ADA Compliance

• Physical due diligence
• ADA compliance review

1st Interstate Plaza

Salt Lake City, Utah

245000 SF, 15-story office, 5-story garage

ADA Compliance

• Physical due diligence
• ADA compliance review

Parkview Plaza

Salt Lake City, Utah

135000 SF, 2-story office/medical facility

ADA Compliance

• Physical due diligence
• ADA compliance review

Willow Brook Court

Houston, Texas

142000 SF, retail mall

ADA Compliance

• Physical due diligence
• ADA compliance review

Town and Country Village

Oklahoma City, Oklahoma

45000 SF, retail center

ADA Compliance

• Physical due diligence
• ADA compliance review

Eastpoint Industrial Park

Houston, Texas

642000 SF, industrial warehouse/shipping

ADA Compliance

• Physical due diligence
• ADA compliance review

Empire Park IV

Denver, Colorado

154300 SF, office

ADA Compliance

• Physical due diligence
• ADA compliance review

Broadbent Interstate Center

Tucson, Arizona

204500 SF, office/warehouse

ADA Compliance

• Physical due diligence
• ADA compliance review

Gateway Center I & II

Phoenix, Arizona

216000 SF, 4-story office, 3-story garage

ADA Compliance

• Physical due diligence
• ADA compliance review

Koll Business Center

Phoenix, Arizona

14000 SF, research & development office

ADA Compliance

• Physical due diligence
• ADA compliance review

Greenfield Service Center

Oklahoma City, Oklahoma

75820 SF, research & development office

ADA Compliance

• Physical due diligence
• ADA compliance review

CWCampus V

Denver, Colorado

21000 SF, office

ADA Compliance

• Physical due diligence
• ADA compliance review

Motorola Center

Denver, Colorado

33000 SF, 3-story office

ADA Compliance

• Physical due diligence
• ADA compliance review

KHOW Radio

Denver, Colorado

13500 SF, 3-story office/radio station

ADA Compliance

• Physical due diligence
• ADA compliance review

Town & Country Center

Phoenix, Arizona

130000 SF, retail center

ADA Compliance

• Physical due diligence
• ADA compliance review

Zang Building

Lakewood, Colorado

112000 SF, office building

ADA Compliance

• Physical due diligence
• ADA compliance review

Ridgewood Office Building

Lakewood, Colorado

25000 SF, office building

ADA Compliance

• Physical due diligence
• ADA compliance review

The Shops @ 6th Ave.

Lakewood, Colorado

13800 SF, retail center

ADA Compliance

• Physical due diligence
• ADA compliance review

Green Mountain Shopping Plaza

Lakewood, Colorado

66870 SF, retail center

ADA Compliance

• Physical due diligence
• ADA compliance review

 

Clients


Newmont Mining Corporation - Greenwood Village, CO

Studley Real Estate - Denver, CO


Key Bank of the Rocky Mountains - Denver, CO

Guaranty Bank & Trust - Denver, CO


Colliers Bennett Kahnweiler Inc. - Denver, CO

Spectrum Real Estate Services - Denver, CO


CIGNA Insurance Corporation - Hartford, CT

St. Paul Properties - St. Paul, MN


Chase Manhattan Bank - Los Angeles, CA

Noble Broadcast Group - San Diego, CA


Motorola Corporation - Schaumberg, IL

Apollo Travel Services - Rolling Meadows, IL


General American Life Insurance - Golden, CO

U S WEST Dex - Englewood, CO


Pacifica Holding Company - Englewood, CO

Mile-Hi Tours - Denver, CO


48th Avenue Realty - Long Island, NY

Lehman Brothers Holding - New York, NY


National Multiple Sclerosis - Denver, CO

Colorado Capital Bank - Boulder, CO


MegaBank Financial Corporation - Englewood, CO

The Limited Corporation - Columbus, OH


Petri Stores Inc. - Secaucus, NJ

Edison Brothers Stores - St. Louis, MO


Evanson “Hallmark” Card Shops - Kansas City, MO

Pace Membership Warehouse - Denver, CO


Goodwill Industries of Denver - Denver, CO

Signature Health Care Corporation - Greeley, CO


Frederick Ross - Denver, CO

Cushman & Wakefield - Denver, CO


Grubb & Ellis Company - Denver, CO

Mortgage Insurance Company of Canada - Denver, CO


International Arabian Horse Association - Aurora, CO

Essex Financial Group Inc. - Englewood, CO


Columbian Mutual Life Insurance - Binghamton, NY

Bank of New York - New York, NY



 

References


Mr. Gregg J. Wilkow
Executive Vice President
M & J Wilkow Ltd
20 South Clark Street Suite 3000
Chicago IL 60603
(312) 279-5965
gwilkow@wilkow.com

Mr. Philip M. Sweeney
Senior Vice President
Colliers International
1200 Seventeenth Street Suite 1225
Denver CO 80202
(303) 565-3785
phil.sweeney@colliers.com


Mr. Steve Schwab
Equity West Investment Partners LLC
1999 Broadway St. Suite 250
Denver CO 80202
(303) 573-0100
sschwab@equitywest.net

Mr. Bruce Porter
Vice President Operations
The Weitz Company
4725 S Monaco St. Suite 100
Denver CO 80237
(303) 860-6624
bruce.porter@weitz.com


Mr. Jamie Gard
Executive Managing Director
Newmark Grubb Knight Frank
1800 Larimer Street Suite 1700
Denver CO 80202
(303) 260-4341
jgard@ngkf.com

Ms. Catherine J Margheim
Chief Financial Officer
FASTAFF and U.S. Nursing
(720) 921-3803
cmargheim@fastaff.com


Mr. James Gray
Director Federal Bureau of Prisons
11900 E. Cornell Avenue
Aurora CO 80014
(303) 338-6510
jwgray@bop.gov

Ms. Ann "Mimi" Scheuermann
Training Manager
Colorado Dept. of Human Services
5670 Greenwood Plaza Blvd Suite 115
Greenwood Village CO 80111
(303) 813-5813
ann.scheuermann@state.co.us



 

Compensation & Fee Proposal


Pricing or compensation for Owner’s Representation and Project Management (OR/PM) services is wide ranging. Although primarily dependent on scope of service pricing also reflects the level of expertise and duration of that expertise provided. Every member of our team contributes their proven expertise to all aspects of a project. CPM does not delegate responsibility or accountability of any component of your project.

CPM maintains that before any real money is committed or spent up front significant and diligent focus on project definition scope development and feasible expectations will reduce risk and avoid unnecessary cost and delay during the design and construction phase of the project.

Typically cost of OR/PM services fall in the range of $2.00 - $3.00/SF or 1%-5% of project cost and depends on the type and duration of the project (existing building renovation or new development). CPM-COLORADO can also provide project consulting services on an hourly rate.

As a project’s definition and scope is developed and budget feasibility is tested and confirmed CPM will work with our Client to establish a fair and effective compensation structure which addresses the value of the effort and expertise required but also meets the acceptable budget parameters to produce a cost-effective project.

CPM understands your need for an early and realistic understanding of all costs anticipated. Unlike pricing negotiations with the architect or general contractor the relationship with and scope of work required of your OR/PM is an evolving dynamic. CPM is here to provide whatever you require no more or no less. As evidenced by our successful project history our mission is to deliver value and satisfaction on-time and on-budget.



 

Contact CPM Colorado


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