Evergreen Devco

About Evergreen Devco

Evergreen Devco is a real estate operator headquartered in Phoenix, AZ. Evergreen Devco operates in Denver, Colorado, Los Angeles, California (LA) and Phoenix, Arizona. Its investment focus is on Industrial, Life Science and Logistics.

Evergreen Devco operates across retail, multifamily, industrial, and mixed‑use real estate development, focusing on urban/infill, value‑add multifamily, and retail shopping centers. Since 2011, the firm has acquired, developed, or built 23 multifamily assets totaling 5,925 units. The company has delivered 19,823,973 square feet of real estate, currently has 67 projects in development, and has raised $627 million in total equity since 2010, demonstrating significant scale and capital strength. Evergreen Devco has been actively engaged in converting brownfield and infill sites—such as Nine Mile Corner in Erie, Colorado, which includes a 290-unit multifamily component, as well as other multifamily projects like Outlook Table Mesa (250 units)

Principals at Evergreen Devco

Recent activity at Evergreen Devco

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Evergreen Devco's project portfolio

12 projects on file · Multifamily (4), Industrial (3), Mixed-Use (3), Retail (2)

Markets and themes

Markets Evergreen Devco operates in

• Denver, Colorado
• Los Angeles, California (LA)
• Phoenix, Arizona
• Salt Lake City, Utah

Investment themes at Evergreen Devco

• Industrial
• Life Science
• Logistics
• Multifamily - Ground-up
• Multifamily - Value-Add
• Standalone Retail
• Workforce Housing

Capabilities

• Construction Management
• Economic Development
• Mixed Use
• Public-private partnerships
• Site Development
• Sustainability
• Transit-oriented development
• Urban infill

Operators similar to Evergreen Devco

• IRA Capital
  Established tierDenver, ColoradoLos Angeles, California (LA)+1 more marketMultifamily - Ground-upWorkforce Housing+5 more themes
• Ascentris
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• Velocis
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• Edge Realty Partners
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• Saunders Construction
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• Johnson Development Associates
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• Oppidan Investment Company
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• Patrinely Group
  Established tierDenver, ColoradoSalt Lake City, Utah+2 more marketsIndustrialLogistics+1 more theme
• The Keith Corporation
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• Westmount Realty Capital
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Frequently asked questions about Evergreen Devco

What does Evergreen Devco do?

Evergreen Devco operates across retail, multifamily, industrial, and mixed‑use real estate development, focusing on urban/infill, value‑add multifamily, and retail shopping centers.

Where is Evergreen Devco based?

Evergreen Devco is headquartered in Phoenix, AZ.

What markets does Evergreen Devco operate in?

Evergreen Devco is active in Denver, Colorado, Los Angeles, California (LA), Phoenix, Arizona, and Salt Lake City, Utah.

How many employees does Evergreen Devco have?

Evergreen Devco has 51–200 employees.