Kentro Group: In The News

Today’s News + Insights from Kentro Group

March 13th, 2019

Kentro Group Helps Bring Grocery to Cole Neighborhood

January 30th, 2019

Denver Councilman Brooks backs proposed RiNo development with grocery store, affordable housing

The grocery development is at the border of historic residential neighborhoods and a fast-changing industrial area and the complex would rise up to five floors; it’s unclear how many floors the grocery would fill. Councilman Brooks noted, “Land use is the most powerful position that we play in the city. It’s the most immediate way we can impact our communities.”

January 30th, 2019

Kentro Group Partners with Other Developers to Seek Re-Zoning for Grocery and Multi-Family Housing

Feinstein, and Denver-based development partners Elevation Development Group and Kentro Group, ultimately want to build an approximately 30,000-square-foot retail space intended for a grocery store on the 2.6-acre site, along with 200 residential units.

December 4th, 2018

A proposal for a new “neighborhood center” for south Denver can proceed after the Denver City Council voted its approval on Monday night.

Local developer Kentro Group has agreed to include at least 150 below-market apartments and 150,000 square feet of commercial space in a development at the former Colorado Department of Transportation headquarters at 4201 East Arkansas Ave.

October 15th, 2018

A mandate for urban mixed-use development

October 10th, 2018

Kentro Group succeeds with latest City Council vote and is slated to transform CDOT’s former headquarters into mixed-use development

The company will include 150 units of affordable housing as part of the deal

October 8th, 2018

Kentro Group sells on Colfax, buys on Broadway

“Great real estate, great neighborhood,” Balafas said. “And we think there’s a need for a great restaurant there.”

August 20th, 2018

Colorado Boulevard could have a new, more urban identity down south

The Kentro Group is preparing a plan that would create the kind of mixed-use development that is more common in the city center, with at least 150 below-market apartments and enough retail to fill a large city block. A proposal that would go before the Denver City Council this year would allow buildings to reach eight floors on parts of the Arkansas property, which is in Virginia Village.
“We’ve been eyeing this site for a long time. It’s just a rare piece of property that’s 13 acres in the middle of the city,” said Jimmy Balafas, Kentro Group co-founder.
It’s the kind of development that the city government has been trying to encourage.

December 5th, 2017

Kentro Goup’s Illegal Pete’s Location Among Mayor’s Design Award Winners as a Neighborhood Gem

Sixteen development projects were held up this month as the standard of how buildings can excel in architecture, design and place-making.
The 2017 Mayor’s Design Award went to a variety of projects including a tiny home village, boutique shops, a coworking space and a food hall. An awards ceremony for the projects was held earlier this month.

July 25th, 2017

East Colfax’s identity will soon change- but to what?

Kentro Group also sees opportunity in Colfax Avenue. The Denver-based firm is behind the Colfax Collection building where Tacos Tequila Whiskey, The Three Lions and other popular retailers are located.

May 8th, 2017

Rite Aid now open in Englewood

The ribbon cutting was a big event for Englewood because the former fitness center building had been empty for more than 10 years. It was a more-than $6 million project to construct the 14,600-square-foot Rite Aid.

May 3rd, 2017

Amid market challenges, street retail thrives

“Retail is dead. Long live retail!” While headlines about the retail industry are screaming, this exclamation represents a turn of phrase first used to communicate the continuity of royal power.

February 19th, 2017

From the Block: Denver’s ‘wicked’ Colfax drives into the future

Our guide this week is Jimmy Balafas. He is the president of the board of the Colfax Business Improvement District (CBID), which runs for 24 blocks from Colorado’s Capitol complex to East High School.

February 19th, 2017

Denver’s ‘wicked’ Colfax drives into the future

Jimmy Balafas. is the president of the board of the Colfax Business Improvement District (CBID)

October 25th, 2016

Snooze-anchored property sold for $7M

Kentro Group bought a retail and office building at Seventh Avenue and Colorado Boulevard anchored by popular breakfast spot Snooze last week for $7.1 million. The retail strip’s tenant list includes Snooze, Anthony’s Pizza & Pasta and a UPS Store.