A new 21-story office tower may be coming to the corner of 14th and Lawrence in Central Downtown Denver.
In January 2006, Canadian developer Great Gulf Group announced plans for a 55-story condominium tower at the corner of 14th and Lawrence. By November 2007, the project had been scaled back slightly to 51 stories, named as 1401 Lawrence, and a sales center had been built on the project site. By May 2008, with severe storm clouds looming on the economic horizon, Great Gulf Group pulled the plug on the development. Great Gulf held on to the property though, waiting for the return of sunnier economic conditions. That time has finally arrived, but now it’s Great Gulf’s office-developing sister company, First Gulf Corporation, that is managing the project and planning a 290,000 square-foot office tower at the site.
DenverInfill has been tracking this project since August, when a development application was filed with the city. This week, the project went public, with the Denver Business Journal publishing an article about the newly conceived 1401 Lawrence tower. Here is the project site identified in yellow on this GoogleEarth aerial (for all images, click/zoom to view at maximum resolution):
Courtesy of the Denver office of Newmark Grubb Knight Frank, which is marketing and leasing the project, here are two renderings. The first image is a street-level view from the opposite corner at 14th and Lawrence.
Here’s the tower as viewed from above the area near Larimer Street and Cherry Creek, looking east:
1401 Lawrence will feature lobby functions plus 7,500 square feet of retail on the ground floor, 347 parking spaces on six parking levels (floors 2 through 7) and office space on floors 8 through 21, with an outdoor terrace on the 8th floor.
According to the DBJ article, First Gulf hopes to break ground in the first quarter of 2014.