Thomas Gounley

Thomas covers commercial real estate and development. He is a graduate of the University of New Hampshire and previously worked as a business reporter at the Springfield News-Leader. Email him at [email protected].

Former Greyhound station demolition begins but new towers must wait

Thomas Gounley November 11, 2021

Former Greyhound station in Denver being demolished

Office and residential buildings up to 400 feet high have been proposed but need approval, so construction won’t start anytime soon.

14 Colorado housing projects awarded state and federal tax credits

Thomas Gounley November 10, 2021

Income-restricted housing projects in Colorado get tax credits

The Colorado Housing and Finance Authority released a list this week of planned projects with a combined 1,373 income-restricted units.

Zillow to lay off 20 employees in Centennial office after iBuying flop

Thomas Gounley November 10, 2021

Zillow trimming size of its Denver office after deciding to stop buying houses

The company announced this month that it will write off millions in losses after paying too much for homes and it has stopped buying them.

RiNo property rejected for apartment rezoning sells for $22M

Thomas Gounley November 9, 2021

Developers buy more property in Denargo Market area

The buyers already own 13 acres in the Denargo Market area and added 3275 and 3315 Denargo St., which are home to a warehouse and a self-storage facility.

Denver real estate firm partners feud over use of investor funds

Thomas Gounley November 8, 2021

Partners in Denver real estate firm in legal dispute

“This is a partnership dispute where one side is improperly using the courts to extract a greater settlement,” an attorney for Flywheel Capital’s Ben Hrouda said.

Six-story RiNo office project breaking ground — for real this time

Thomas Gounley November 4, 2021

T3 RiNo office building in Denver starts construction

A groundbreaking ceremony was held for the 238,726-square-foot T3 RiNo project in February 2020. Then the pandemic began and construction halted.

Rose Medical Center bids for adjacent former VA hospital property

Thomas Gounley November 4, 2021

HealthOne wants to buy part of VA campus

HealthOne wants to buy part of the campus at the northwest corner of 9th Avenue and Clermont Street but it is unclear if there are any competing bids.