The exterior of ōLiv Boulder, an apartment complex at 1750 15th St. (YouTube)
Just over $10 million in liens have piled up at a new student housing apartment complex in Boulder and its general contractor is hoping to foreclose on a $7 million claim.
At 1750 15th St., a few blocks from the Pearl Street Mall, is ōLiv Boulder. It has about 150 units ranging from $1,800-per-month studios to $7,000-per-month townhomes.
The address was previously home to Liquor Mart, a 30,000-square-foot store that operated from 1968 to early 2020. In 2016, the well-known mart sold its real estate for $9 million to the W.W. Reynolds Companies in Boulder, then leased that space until ōLiv was built.
W.W. Reynolds sold the property two years later for $16 million to Core Spaces, developer of ōLiv. Core Spaces also has apartments in Denver, Commerce City and Fort Collins.
So far this year, two dozen contractors have filed a total of $10 million in liens against ōLiv Boulder. Most are local — electricians in Fort Lupton supposedly owed $525,000, painters in Parker allegedly owed $218,000 — but span eight states and a variety of trades.
They are led by Brinkmann Constructors, a St. Louis-based general contractor with a Denver office. Brinkmann said it was hired in 2021 to build ōLiv for $38 million, finished its work at the start of this year and was still owed $9 million by May. It received $2 million after filing a lien but is still waiting for the remaining $7 million, according to its Sept. 18 lawsuit.
“Any delays on the project are either delays for which Brinkmann is entitled to additional costs because they were caused by the owner, delays outside the control of Brinkmann, or are concurrent delays for which Brinkmann has not sought compensation,” the company said.
Core Spaces spokeswoman Kim Lyons agreed that delays at ōLiv have led to disagreements.
“The underlying dispute primarily concerns responsibility under the terms of the construction contract for project completion delays,” she said in a statement. “Owner and contractor will continue to attempt to resolve the dispute practically and amicably.”
There are six ongoing legal cases in Boulder County District Court involving unpaid invoices at ōLiv. In some cases, subcontractors are suing Core Spaces for nonpayment and in others they are suing Brinkmann. The first is scheduled to go to trial in August 2025.
Brinkmann and its lawyers did not answer requests for comment about ōLiv Boulder.
The exterior of ōLiv Boulder, an apartment complex at 1750 15th St. (YouTube)
Just over $10 million in liens have piled up at a new student housing apartment complex in Boulder and its general contractor is hoping to foreclose on a $7 million claim.
At 1750 15th St., a few blocks from the Pearl Street Mall, is ōLiv Boulder. It has about 150 units ranging from $1,800-per-month studios to $7,000-per-month townhomes.
The address was previously home to Liquor Mart, a 30,000-square-foot store that operated from 1968 to early 2020. In 2016, the well-known mart sold its real estate for $9 million to the W.W. Reynolds Companies in Boulder, then leased that space until ōLiv was built.
W.W. Reynolds sold the property two years later for $16 million to Core Spaces, developer of ōLiv. Core Spaces also has apartments in Denver, Commerce City and Fort Collins.
So far this year, two dozen contractors have filed a total of $10 million in liens against ōLiv Boulder. Most are local — electricians in Fort Lupton supposedly owed $525,000, painters in Parker allegedly owed $218,000 — but span eight states and a variety of trades.
They are led by Brinkmann Constructors, a St. Louis-based general contractor with a Denver office. Brinkmann said it was hired in 2021 to build ōLiv for $38 million, finished its work at the start of this year and was still owed $9 million by May. It received $2 million after filing a lien but is still waiting for the remaining $7 million, according to its Sept. 18 lawsuit.
“Any delays on the project are either delays for which Brinkmann is entitled to additional costs because they were caused by the owner, delays outside the control of Brinkmann, or are concurrent delays for which Brinkmann has not sought compensation,” the company said.
Core Spaces spokeswoman Kim Lyons agreed that delays at ōLiv have led to disagreements.
“The underlying dispute primarily concerns responsibility under the terms of the construction contract for project completion delays,” she said in a statement. “Owner and contractor will continue to attempt to resolve the dispute practically and amicably.”
There are six ongoing legal cases in Boulder County District Court involving unpaid invoices at ōLiv. In some cases, subcontractors are suing Core Spaces for nonpayment and in others they are suing Brinkmann. The first is scheduled to go to trial in August 2025.
Brinkmann and its lawyers did not answer requests for comment about ōLiv Boulder.
